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.
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Industry, Sector and Symbol
Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
Phone480-305-8910
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.03 billion
Profitability
Miscellaneous
Employees10,600
Next Earnings Date11/6/2019 (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) posted its quarterly earnings results on Wednesday, August, 7th. The industrial products company reported $0.05 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.28) by $0.33. The industrial products company had revenue of $330.77 million for the quarter, compared to the consensus estimate of $330.90 million. TPI Composites had a negative net margin of 0.82% and a negative return on equity of 5.59%. TPI Composites's revenue was up 43.4% on a year-over-year basis. During the same quarter last year, the firm posted ($0.12) 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 2019 earnings guidance on Wednesday, August, 7th. The company provided EPS guidance of $-0.23--0.18 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.02. The company issued revenue guidance of $1.45-1.5 billion, compared to the consensus revenue estimate of $1.46 billion.
What price target have analysts set for TPIC?
9 Wall Street analysts have issued twelve-month price objectives for TPI Composites' shares. Their predictions range from $25.00 to $42.00. On average, they anticipate TPI Composites' share price to reach $31.1111 in the next twelve months. This suggests a possible upside of 57.7% from the stock's current price. View Analyst Price Targets for TPI Composites.
What is the consensus analysts' recommendation for TPI Composites?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPI Composites.
Has TPI Composites been receiving favorable news coverage?
News coverage about TPIC stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TPI Composites earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for TPI Composites.
Are investors shorting TPI Composites?
TPI Composites saw a decrease in short interest in the month of August. As of August 31st, there was short interest totalling 3,203,800 shares, a decrease of 6.0% from the July 31st total of 3,407,900 shares. Based on an average trading volume of 513,100 shares, the days-to-cover ratio is currently 6.2 days. Approximately 10.8% of the shares of the stock are sold short. View TPI Composites' Current Options Chain.
Who are some of TPI Composites' key competitors?
What other stocks do shareholders of TPI Composites own?
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
- Christian Edin, Sr. Director of Investor Relations
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 $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.
Who are TPI Composites' major shareholders?
TPI Composites' stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.62%), Trigran Investments Inc. (5.59%), Handelsbanken Fonder AB (5.42%), Bank of New York Mellon Corp (4.16%), Vanguard Group Inc. (3.46%) and Amundi Pioneer Asset Management Inc. (2.77%). Company insiders that own TPI Composites stock include Bryan Robert Schumaker, 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, Stephen Bransfield, Steven C Lockard, Thomas J Castle and William E Siwek. 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 Neumeier Poma Investment Counsel LLC, Wasatch Advisors Inc., Price T Rowe Associates Inc. MD, Russell Investments Group Ltd., AlpInvest Partners B.V., Fiera Capital Corp, Allianz Asset Management GmbH and First Trust Advisors LP. 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, Michael Lawrence Derosa, 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 acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Redwood Capital Management LLC, Bank of New York Mellon Corp, Scout Investments Inc., BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Trigran Investments Inc., Triodos Investment Management BV and Peregrine Capital Management LLC. Company insiders that have bought TPI Composites stock in the last two years include Bryan Robert Schumaker, Jack A Henry, Paul G Giovacchini, Stephen Bransfield, Steven C Lockard and William E Siwek. 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, Robinhood, Fidelity and Charles Schwab.
What is TPI Composites' stock price today?
One share of TPIC stock can currently be purchased for approximately $19.73.
How big of a company is TPI Composites?
TPI Composites has a market capitalization of $693.51 million 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.View Additional Information About TPI Composites.
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.
