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
SymbolNASDAQ:TPIC
CUSIPN/A
Phone480-305-8910
Debt
Debt-to-Equity Ratio0.39
Current Ratio1.65
Quick Ratio1.63
Price-To-Earnings
Trailing P/E Ratio22.58
Forward P/E Ratio112.88
P/E GrowthN/A
Sales & Book Value
Annual Sales$930.28 million
Price / Sales1.04
Cash Flow$2.0128 per share
Price / Cash14.02
Book Value$4.72 per share
Price / Book5.98
Profitability
EPS (Most Recent Fiscal Year)$1.25
Net Income$43.69 million
Net Margins3.17%
Return on Equity17.01%
Return on Assets5.83%
Miscellaneous
Employees7,700
Outstanding Shares34,410,000
Market Cap$924.32 million
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) posted its quarterly earnings data on Tuesday, August, 7th. The industrial products company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.03) by $0.09. The industrial products company earned $230.61 million during the quarter, compared to analyst estimates of $240.29 million. TPI Composites had a net margin of 3.17% and a return on equity of 17.01%. View TPI Composites' Earnings History.
When is TPI Composites' next earnings date?
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' share price to reach $34.9375 in the next twelve months. This suggests a possible upside of 23.8% 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. 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)
- 2. 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. " (4/12/2018)
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 IPO 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 acted as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.
Has TPI Composites been receiving favorable news coverage?
Media coverage about TPIC stock has been trending positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. TPI Composites earned a media and rumor sentiment score of 0.41 on Accern's scale. They also gave headlines about the industrial products company an impact score of 47.78 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days. View Recent Headlines for TPI Composites.
Who are TPI Composites' major shareholders?
TPI Composites' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (5.63%), BlackRock Inc. (2.81%), Trigran Investments Inc. (2.47%), Hood River Capital Management LLC (2.08%), Renaissance Technologies LLC (1.89%) and Bank of New York Mellon Corp (1.68%). 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 Schwab Charles Investment Management Inc., Mackay Shields LLC, Rice Hall James & Associates LLC, Columbia Partners L L C Investment Management, GSA Capital Partners LLP, Strs Ohio, Trexquant Investment LP and Macquarie Group Ltd.. 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 Hood River Capital Management LLC, Trigran Investments Inc., BlackRock Inc., Russell Investments Group Ltd., Handelsbanken Fonder AB, Cortina Asset Management LLC, Chartwell Investment Partners LLC and Wasatch Advisors Inc.. 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 $28.22.
How big of a company is TPI Composites?
TPI Composites has a market capitalization of $924.32 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.
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.
