TPI Composites Company Profile (NASDAQ:TPIC)

TPI Composites trades on the NASDAQ under the ticker symbol "TPIC."

TPI Composites, Inc. (NASDAQ:TPIC) issued its quarterly earnings results on Tuesday, August, 8th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.27. The company had revenue of $248.19 million for the quarter, compared to the consensus estimate of $225.36 million. TPI Composites had a return on equity of 18.24% and a net margin of 2.18%. The business's quarterly revenue was up 27.8% compared to the same quarter last year. View TPI Composites' Earnings History.

TPI Composites is scheduled to release their next quarterly earnings announcement on Tuesday, November, 7th 2017. View Earnings Estimates for TPI Composites.

6 brokerages have issued 1 year target prices for TPI Composites' stock. Their predictions range from $20.00 to $28.00. On average, they anticipate TPI Composites' share price to reach $24.83 in the next year. View Analyst Ratings for TPI Composites.

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. " (8/11/2017)
• 2. Canaccord Genuity analysts commented, "We continue to believe that ExOne gives investors a very compelling way to play the additive manufacturing space, and we think that shares are at quite attractive levels following the 4Q16 earnings report on March 16. The company has a significant opportunity within the industrial production space, and we think that global adoption of ExOne’s technologies is poised to expand. Moreover, we estimate that the company has a dominant market share within the sand binder jetting market, so the competitive threats do not appear that significant. As volumes rise —and we think they will—the company should have opportunity for expanded margins and eventually positive EBITDA. That could be a key catalyst for shares, as full-year adjusted EBITDA have been negative since the company became public." (3/20/2017)

Some companies that are related to TPI Composites include Apogee Enterprises (APOG), Kaman Corporation (KAMN), Actuant Corporation (ATU), SPX FLOW (FLOW), Altra Industrial Motion Corp. (AIMC), Multi-Color Corporation (LABL), Harsco Corporation (HSC), Mobile Mini (MINI), Sun Hydraulics Corporation (SNHY), AZZ (AZZ), Standex International Corporation (SXI), Acco Brands Corporation (ACCO), Hollysys Automation Technologies (HOLI), TASER International (AAXN), Hyster-Yale Materials Handling (HY), Tennant Company (TNC), Astec Industries (ASTE) and Constellium N.V. (CSTM).

TPI Composites' management team includes the folowing people:

• Paul G. Giovacchini, Independent Chairman of the Board
• Steven C. Lockard, President, Chief Executive Officer, Director
• William E. Siwek, Chief Financial Officer
• Mark R. McFeely, Chief Operating Officer
• Lars Moller, Executive Vice President —Business Development and Strategy
• Thomas J. Castle, Senior Vice President — North American Wind Operations and Global Operational Excellence
• Steven G. Fishbach, General Counsel, Secretary
• Wayne G. Monie, Chief Manufacturing Technology Officer
• Stephen B. Bransfield, Independent Director
• Michael L. DeRosa, Independent Director

(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 acted as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

TPI Composites' stock is owned by a number of of institutional and retail investors. Top institutional investors include FMR LLC (4.74%), General Electric Co. (2.74%), Handelsbanken Fonder AB (2.02%), Vanguard Group Inc. (1.48%), Bank of New York Mellon Corp (1.10%) and Wasatch Advisors Inc. (0.99%). Company insiders that own TPI Composites stock include Element Partners Ii Intrafund, Jack A Henry, James Alton Hughes, Paul G Giovacchini, Steven C Lockard, Steven G Fishbach and William E Siwek. View Institutional Ownership Trends for TPI Composites.

TPI Composites' stock was sold by a variety of institutional investors in the last quarter, including General Electric Co., GAM Holding AG, Granite Investment Partners LLC, Columbia Partners L L C Investment Management, GCA Investment Management LLC, Dynamic Technology Lab Private Ltd, Essex Investment Management Co. LLC and New York State Common Retirement Fund. Company insiders that have sold TPI Composites stock in the last year include Element Partners Ii Intrafund, Paul G Giovacchini and Steven C Lockard. View Insider Buying and Selling for TPI Composites.

TPI Composites' stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Handelsbanken Fonder AB, Bank of New York Mellon Corp, Bamco Inc. NY, Vanguard Group Inc., Marshall Wace North America L.P., Rice Hall James & Associates LLC and Schwab Charles Investment Management Inc.. Company insiders that have bought TPI Composites stock in the last two years include Jack A Henry, James Alton Hughes, Steven C Lockard, Steven G Fishbach and William E Siwek. View Insider Buying and Selling for TPI Composites.

Shares of TPI Composites can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of TPI Composites stock can currently be purchased for approximately $20.67.