NASDAQ:TPIC - TPI Composites Stock Price, News, & Analysis

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$30.01 +0.05 (+0.17 %)
(As of 03/20/2019 11:12 AM ET)
Previous Close$29.96
Today's Range$29.77 - $30.21
52-Week Range$21.65 - $32.74
Volume2,243 shs
Average Volume329,048 shs
Market Capitalization$1.05 billion
P/E Ratio376.56
Dividend YieldN/A
Beta0.88
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.

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Industry, Sector and Symbol

Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNASDAQ:TPIC
CUSIPN/A
Phone480-305-8910

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.03 billion
Cash Flow$0.8297 per share
Book Value$6.40 per share

Profitability

Net Income$5.28 million

Miscellaneous

Employees10,600
Market Cap$1.05 billion
Next Earnings Date5/2/2019 (Estimated)
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 analysts' consensus estimates of ($0.08) by $0.34. The industrial products company earned $255 million during the quarter, compared to the consensus estimate of $258.35 million. TPI Composites had a net margin of 0.51% and a return on equity of 0.98%. The business's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.62 earnings per share. View TPI Composites' Earnings History.

When is TPI Composites' next earnings date?

TPI Composites is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for TPI Composites.

What guidance has TPI Composites issued on next quarter's earnings?

TPI Composites issued an update on its FY 2019 earnings guidance on Thursday, February, 28th. The company provided EPS guidance of $1.34-1.45 for the period, compared to the Thomson Reuters consensus estimate of $1.29. The company issued revenue guidance of $1.5-1.6 billion, compared to the consensus revenue estimate of $1.53 billion.

What price target have analysts set for TPIC?

8 analysts have issued 1 year target prices for TPI Composites' stock. Their forecasts range from $30.00 to $45.00. On average, they expect TPI Composites' share price to reach $36.9375 in the next twelve months. This suggests a possible upside of 23.1% 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. " (2/14/2019)
  • 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?

Headlines about TPIC stock have trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TPI Composites earned a daily sentiment score of 1.7 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Who are some of TPI Composites' key competitors?

What other stocks do shareholders of TPI Composites own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TPI Composites investors own include Canopy Growth (CGC), Twilio (TWLO), Visa (V), Baidu (BIDU), UnitedHealth Group (UNH), Alphabet (GOOG), salesforce.com (CRM), NVIDIA (NVDA), Cronos Group (CRON) and JPMorgan Chase & Co. (JPM).

Who are TPI Composites' key executives?

TPI Composites' management team includes the folowing people:
  • Mr. Steven C. Lockard, Pres, CEO & Director (Age 57)
  • Mr. Joseph G. Kishkill, Chief Commercial Officer (Age 54)
  • Mr. William E. Siwek, Chief Financial Officer (Age 56)
  • Mr. Ramesh Gopalakrishnan, Sr. VP of Technology & Industrialization
  • Mr. Steven G. Fishbach Esq., Gen. Counsel & Sec. (Age 49)

When did TPI Composites IPO?

(TPIC) raised $72 million in an initial public offering (IPO) on Friday, July 22nd 2016. The company issued 6,300,000 shares at $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 a variety of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (6.16%), Trigran Investments Inc. (5.48%), BlackRock Inc. (3.51%), Amundi Pioneer Asset Management Inc. (2.96%), Dimensional Fund Advisors LP (2.19%) and Dimensional Fund Advisors LP (2.19%). 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, Steven C Lockard and Thomas J Castle. View Institutional Ownership Trends for TPI Composites.

Which major investors are selling TPI Composites stock?

TPIC stock was sold by a variety of institutional investors in the last quarter, including Timpani Capital Management LLC, Mackay Shields LLC, Two Sigma Advisers LP, Essex Investment Management Co. LLC, Castleark Management LLC, Northern Trust Corp, Bank of America Corp DE and Barclays PLC. 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, Steven C Lockard and Thomas J Castle. View Insider Buying and Selling for TPI Composites.

Which major investors are buying TPI Composites stock?

TPIC stock was purchased by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Handelsbanken Fonder AB, Penn Capital Management Co. Inc., Fiera Capital Corp, Elk Creek Partners LLC, Stifel Financial Corp, Dimensional Fund Advisors LP and Dimensional Fund Advisors LP. 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 $30.01.

How big of a company is TPI Composites?

TPI Composites has a market capitalization of $1.05 billion and generates $1.03 billion in revenue each year. The industrial products company earns $5.28 million in net income (profit) each year or $0.08 on an earnings per share basis. TPI Composites employs 10,600 workers across the globe.

What is TPI Composites' official website?

The official website for TPI Composites is http://www.tpicomposites.com.

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)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  188 (Vote Outperform)
Underperform Votes:  155 (Vote Underperform)
Total Votes:  343
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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