TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company also provides composite solutions for the transportation industry. It operates in the United States, Asia, Mexico, Europe, the Middle East, and Africa. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:TPIC
Previous Symbol
CUSIPN/A
Phone480-305-8910
Debt
Debt-to-Equity Ratio0.41
Current Ratio1.55
Quick Ratio1.52
Price-To-Earnings
Trailing P/E Ratio19.06
Forward P/E Ratio66.19
P/E GrowthN/A
Sales & Book Value
Annual Sales$930.28 million
Price / Sales0.88
Cash Flow$1.8317 per share
Price / Cash13.01
Book Value$4.72 per share
Price / Book5.05
Profitability
EPS (Most Recent Fiscal Year)$1.25
Net Income$43.69 million
Net Margins2.03%
Return on Equity5.74%
Return on Assets2.16%
Miscellaneous
Employees7,700
Outstanding Shares34,510,000
Market Cap$859.67 million
OptionableOptionable
TPI Composites (NASDAQ:TPIC) Frequently Asked Questions
What is TPI Composites' stock symbol?
TPI Composites trades on the NASDAQ under the ticker symbol "TPIC."
How were TPI Composites' earnings last quarter?
TPI Composites Inc (NASDAQ:TPIC) released its quarterly earnings results on Wednesday, November, 7th. The industrial products company reported $0.26 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.08) by $0.34. The industrial products company had revenue of $255 million for the quarter, compared to the consensus estimate of $258.35 million. TPI Composites had a net margin of 2.03% and a return on equity of 5.74%. The company's quarterly revenue was up .6% on a year-over-year basis. During the same period last year, the firm earned $0.62 earnings per share. View TPI Composites' Earnings History.
When is TPI Composites' next earnings date?
What guidance has TPI Composites issued on next quarter's earnings?
TPI Composites updated its FY 2020 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.7-1.9 billion.TPI Composites also updated its FY 2018 guidance to $0.32-0.39 EPS.
What price target have analysts set for TPIC?
8 brokerages have issued 12-month target prices for TPI Composites' stock. Their predictions range from $27.00 to $45.00. On average, they expect TPI Composites' stock price to reach $36.0625 in the next year. This suggests a possible upside of 51.3% from the stock's current price. View Analyst Price Targets for TPI Composites.
What is the consensus analysts' recommendation for TPI Composites?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPI Composites.
What are Wall Street analysts saying about TPI Composites stock?
Here are some recent quotes from research analysts about TPI Composites stock:
- 1. According to Zacks Investment Research, "TPI Composites, Inc. is the manufacturer of composite wind blades for the wind energy market. It operates primarily in the U.S., Mexico, China and Turkey. TPI Composites, Inc. is headquartered in Scottsdale, Arizona. " (11/17/2018)
- 2. Canaccord Genuity analysts commented, "TPI Composites is a leading independent manufacturer of composite wind turbine blades to key turbine OEMs globally. In the midst of rapid (yet variable) wind market growth and an ongoing OEM productivity/secular shift towards outsourcing, TPI’s recent share gains and IPO are helping to fund capex for expansions, new builds and strategic initiatives. Investment highlights We stay constructive, as the company’s position in the global wind market stays differentiated, along with management’s efforts to use the coming months to retool, realign and pursue platform expansions (like the previously announced electric vehicle marketplace with Proterra, potential future offshore wind activity, and other adjacent commercial areas)." (4/27/2018)
Has TPI Composites been receiving favorable news coverage?
Media coverage about TPIC stock has trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. TPI Composites earned a news sentiment score of 0.8 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an effect on the company's share price in the next few days.
Are investors shorting TPI Composites?
TPI Composites saw a decrease in short interest in October. As of October 31st, there was short interest totalling 1,266,098 shares, a decrease of 39.7% from the October 15th total of 2,099,145 shares. Based on an average trading volume of 309,078 shares, the days-to-cover ratio is currently 4.1 days. Approximately 5.1% of the company's shares are short sold. View TPI Composites' Current Options Chain.
Who are some of TPI Composites' key competitors?
Who are TPI Composites' key executives?
TPI Composites' management team includes the folowing people:
- Mr. Steven C. Lockard, Pres, CEO & Director (Age 56)
- Mr. Mark R. McFeely, Chief Operating Officer (Age 45)
- Mr. Joseph G. Kishkill, Chief Commercial Officer (Age 53)
- Mr. William E. Siwek, Chief Financial Officer (Age 55)
- Mr. Ramesh Gopalakrishnan, Sr. VP of Technology & Industrialization
When did TPI Composites IPO?
(TPIC) raised $72 million in an initial public offering on Friday, July 22nd 2016. The company issued 6,300,000 shares at a price of $11.00-$12.00 per share. J.P. Morgan and Morgan Stanley served as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.
Who are TPI Composites' major shareholders?
TPI Composites' stock is owned by many different of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (5.03%), Handelsbanken Fonder AB (5.03%), Trigran Investments Inc. (3.41%), BlackRock Inc. (3.03%), Bank of New York Mellon Corp (2.04%) and Dimensional Fund Advisors LP (1.70%). Company insiders that own TPI Composites stock include Daniel G Weiss, Element Partners Ii Intrafund, Element Partners Ii Lp, Investors L P Angeleno II, Jack A Henry, Landmark Equity Advisors Llc, Michael Lawrence Derosa, Paul G Giovacchini, Philip J Deutch and Steven C Lockard. View Institutional Ownership Trends for TPI Composites.
Which institutional investors are selling TPI Composites stock?
TPIC stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Handelsbanken Fonder AB, Handelsbanken Fonder AB, TIAA CREF Investment Management LLC, Strs Ohio, AQR Capital Management LLC, Alps Advisors Inc. and Zurcher Kantonalbank Zurich Cantonalbank . Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Element Partners Ii Intrafund, Element Partners Ii Lp, Investors L P Angeleno II, Landmark Equity Advisors Llc, Michael Lawrence Derosa, Philip J Deutch and Steven C Lockard. View Insider Buying and Selling for TPI Composites.
Which institutional investors are buying TPI Composites stock?
TPIC stock was purchased by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Castleark Management LLC, Eagle Asset Management Inc., Wasatch Advisors Inc., Bank of New York Mellon Corp, Deutsche Bank AG, Russell Investments Group Ltd. and Thrivent Financial for Lutherans. View Insider Buying and Selling for TPI Composites.
How do I buy shares of TPI Composites?
Shares of TPIC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TPI Composites' stock price today?
One share of TPIC stock can currently be purchased for approximately $23.83.
How big of a company is TPI Composites?
TPI Composites has a market capitalization of $859.67 million and generates $930.28 million in revenue each year. The industrial products company earns $43.69 million in net income (profit) each year or $1.25 on an earnings per share basis. TPI Composites employs 7,700 workers across the globe.
What is TPI Composites' official website?
How can I contact TPI Composites?
TPI Composites' mailing address is 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253. The industrial products company can be reached via phone at 480-305-8910 or via email at [email protected]
MarketBeat Community Rating for TPI Composites (NASDAQ TPIC)
MarketBeat's community ratings are surveys of what our community members think about TPI Composites and other stocks. Vote "Outperform" if you believe TPIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
