NASDAQ:TPIC TPI Composites (TPIC) Stock Forecast, Price & News $10.66 -0.50 (-4.48%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$10.37▼$11.2750-Day Range$8.72▼$13.3952-Week Range$8.46▼$25.05Volume721,810 shsAverage Volume915,916 shsMarket Capitalization$452.84 millionP/E RatioN/ADividend YieldN/APrice Target$16.92 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability TPI Composites MarketRank™ ForecastAnalyst RatingModerate Buy2.70 Rating ScoreUpside/Downside58.7% Upside$16.92 Price TargetShort InterestBearish21.68% of Shares Sold ShortDividend StrengthN/ASustainability+2.17Upright™ Environmental ScoreNews Sentiment0.55Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($1.54) to ($0.06) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.15 out of 5 starsIndustrial Products Sector106th out of 178 stocksEngines & Turbines Industry4th out of 5 stocks 3.4 Analyst's Opinion Consensus RatingTPI Composites has received a consensus rating of Buy. The company's average rating score is 2.70, and is based on 7 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.92, TPI Composites has a forecasted upside of 58.7% from its current price of $10.66.Amount of Analyst CoverageTPI Composites has only been the subject of 3 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted21.68% of the outstanding shares of TPI Composites have been sold short.Short Interest Ratio / Days to CoverTPI Composites has a short interest ratio ("days to cover") of 8.Change versus previous monthShort interest in TPI Composites has recently increased by 13.70%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldTPI Composites does not currently pay a dividend.Dividend GrowthTPI Composites does not have a long track record of dividend growth. Previous Next 4.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreTPI Composites has received a 67.36% net impact score from Upright. The largest positive contribution comes from its "GHG emissions" impact, which is driven by its "Wind turbine blade covers" and "Wind turbine maintenance" products. See details.Environmental SustainabilityThe Environmental Impact score for TPI Composites is 2.17. Previous Next 3.1 News and Social Media Coverage News SentimentTPI Composites has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Industrial Products companies.News Coverage This WeekMarketBeat has tracked 5 news articles for TPI Composites this week, compared to 3 articles on an average week.Search Interest5 people have searched for TPIC on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.MarketBeat Follows6 people have added TPI Composites to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TPI Composites insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.80% of the stock of TPI Composites is held by insiders.Percentage Held by Institutions82.07% of the stock of TPI Composites is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for TPI Composites are expected to grow in the coming year, from ($1.54) to ($0.06) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TPI Composites is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TPI Composites is -3.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About TPI Composites (NASDAQ:TPIC) StockTPI Composites, Inc. is a holding company, which engages in the manufacturing of composite wind blades for the wind energy market. It operates through the following segments: United States (US), Asia, Mexico, Europe, the Middle East & Africa (EMEA), and India. The US segment includes the production of wind blades in its Newton, Iowa plant, the manufacturing of precision molding and assembly systems used for the production of wind blades in its Warren, Rhode Island facility, and composite solutions for the transportation industry. The Asia segment produces wind blades in its Taicang Port, Dafeng, and Yangzhou, China facilities. The Mexico segment focuses on its operation of wind blades in Juárez and Matamoros, Mexico. The EMEA segment offers wind blades from two facilities in Izmir, Turkey, and performs wind blade inspection and repair services. The India segment relates to wind blade sales and other sales operation in India. The company was founded by Everett Pearson and Neil Tillotson in 1968 and is headquartered in Scottsdale, AZ.Read More Receive TPIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPI Composites and its competitors with MarketBeat's FREE daily newsletter. Email Address TPIC Stock News HeadlinesMay 30, 2023 | finance.yahoo.comTPI Composites Adjourns Annual Meeting Until June 22, 2023May 29, 2023 | markets.businessinsider.comTPI Composites (TPIC) Gets a Hold from Stifel NicolausJune 1, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 27, 2023 | americanbankingnews.comStockNews.com Downgrades TPI Composites (NASDAQ:TPIC) to SellMay 25, 2023 | msn.comB of A Securities Maintains TPI Composites (TPIC) Buy RecommendationMay 25, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Price Target Cut to $13.00May 24, 2023 | markets.businessinsider.comTPI Composites (TPIC) Receives a Buy from Bank of America SecuritiesMay 24, 2023 | msn.comStifel Maintains TPI Composites (TPIC) Hold RecommendationJune 1, 2023 | Vector Vest (Ad)Free Stock Analysis Report: Get Buy, Sell, or Hold RecommendationGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. May 24, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) PT Raised to $15.00May 23, 2023 | seekingalpha.comTPI Composites: Too Early To Be BullishMay 22, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Price Target Cut to $12.00 by Analysts at Piper SandlerMay 17, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Rating Increased to Hold at StockNews.comMay 15, 2023 | finance.yahoo.comTPI Composites Sponsors Charles E. Shea High School to Attend the 2023 National KidWind ChallengeMay 14, 2023 | americanbankingnews.comTPI Composites, Inc. (NASDAQ:TPIC) Receives Average Rating of "Moderate Buy" from AnalystsMay 12, 2023 | msn.comTPI Composites's Return On Capital Employed InsightsMay 11, 2023 | americanbankingnews.comTPI Composites (NASDAQ:TPIC) Lowered to Sell at StockNews.comMay 11, 2023 | americanbankingnews.comUBS Group Cuts TPI Composites (NASDAQ:TPIC) Price Target to $9.00May 10, 2023 | americanbankingnews.comQ1 2024 EPS Estimates for TPI Composites, Inc. (NASDAQ:TPIC) Decreased by Seaport Res PtnMay 9, 2023 | msn.comUBS Maintains TPI Composites (TPIC) Neutral RecommendationMay 4, 2023 | finance.yahoo.comWhy TPI Composites Stock Crashed TodayMay 4, 2023 | finance.yahoo.comQ1 2023 TPI Composites Inc Earnings CallMay 3, 2023 | finance.yahoo.comTPI Composites (TPIC) Reports Q1 Loss, Tops Revenue EstimatesMay 3, 2023 | msn.comRecap: TPI Composites Q1 EarningsMay 3, 2023 | finance.yahoo.comTPI Composites, Inc. Announces First Quarter 2023 Earnings Results – Delivered Strong Top Line Growth, Met Earnings Plan and Strengthened Balance Sheet for Future GrowthMay 2, 2023 | msn.comEarnings Preview: TPI CompositesMay 2, 2023 | americanbankingnews.comTPI Composites (TPIC) Scheduled to Post Quarterly Earnings on WednesdaySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive TPIC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TPI Composites and its competitors with MarketBeat's FREE daily newsletter. Email Address TPIC Company Calendar Last Earnings5/03/2023Today6/01/2023Next Earnings (Estimated)8/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Engines & turbines Sub-IndustryN/A SectorIndustrial Products Current SymbolNASDAQ:TPIC CUSIPN/A CIK1455684 Webwww.tpicomposites.com Phone(480) 305-8910FaxN/AEmployees13,500Year FoundedN/APrice Target and Rating Average Stock Price Forecast$16.92 High Stock Price Forecast$22.00 Low Stock Price Forecast$9.00 Forecasted Upside/Downside+58.7%Consensus RatingModerate Buy Rating Score (0-4)2.70 Research Coverage10 Analysts Profitability EPS (Most Recent Fiscal Year)($3.13) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-65,310,000.00 Net Margins-4.17% Pretax Margin-1.67% Return on Equity-58.56% Return on Assets-3.87% Debt Debt-to-Equity Ratio0.02 Current Ratio1.71 Quick Ratio1.67 Sales & Book Value Annual Sales$1.52 billion Price / Sales0.30 Cash FlowN/A Price / Cash FlowN/A Book Value($0.08) per share Price / Book-133.25Miscellaneous Outstanding Shares42,480,000Free Float40,441,000Market Cap$452.84 million OptionableOptionable Beta1.87 Key ExecutivesWilliam E. SiwekPresident, Chief Executive Officer & DirectorRyan D. MillerChief Financial OfficerAdrian OprescuSenior Vice President-Technology & ProjectsTheo GibsonChief Information OfficerJames SchimanskiSenior Vice President-Global Supply ChainKey CompetitorsVertex EnergyNASDAQ:VTNRACCO BrandsNYSE:ACCOAlta Equipment GroupNYSE:ALTGTrinseoNYSE:TSEEnnisNYSE:EBFView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 27,641 shares on 5/26/2023Ownership: 0.065%Ameriprise Financial Inc.Sold 37,422 shares on 5/22/2023Ownership: 0.388%JPMorgan Chase & Co.Bought 313,690 shares on 5/18/2023Ownership: 0.804%New York State Common Retirement FundSold 4,014 shares on 5/18/2023Ownership: 0.051%Guardian Wealth Advisors LLCBought 14,226 shares on 5/18/2023Ownership: 0.033%View All Insider TransactionsView All Institutional Transactions TPIC Stock - Frequently Asked Questions Should I buy or sell TPI Composites stock right now? 10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TPIC shares. View TPIC analyst ratings or view top-rated stocks. What is TPI Composites' stock price forecast for 2023? 10 brokers have issued 12 month price targets for TPI Composites' shares. Their TPIC share price forecasts range from $9.00 to $22.00. On average, they predict the company's stock price to reach $16.92 in the next year. This suggests a possible upside of 58.7% from the stock's current price. View analysts price targets for TPIC or view top-rated stocks among Wall Street analysts. How have TPIC shares performed in 2023? TPI Composites' stock was trading at $10.14 at the start of the year. Since then, TPIC stock has increased by 5.1% and is now trading at $10.66. View the best growth stocks for 2023 here. When is TPI Composites' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023. View our TPIC earnings forecast. How were TPI Composites' earnings last quarter? TPI Composites, Inc. (NASDAQ:TPIC) released its quarterly earnings results on Wednesday, May, 3rd. The industrial products company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.31. The industrial products company had revenue of $404.07 million for the quarter, compared to analyst estimates of $383.20 million. TPI Composites had a negative net margin of 4.17% and a negative trailing twelve-month return on equity of 58.56%. What ETFs hold TPI Composites' stock? ETFs with the largest weight of TPI Composites (NASDAQ:TPIC) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), SPDR S&P Kensho Clean Power ETF (CNRG), Gen Z ETF (ZGEN), AXS Green Alpha ETF (NXTE), Invesco WilderHill Clean Energy ETF (PBW), Fidelity Clean Energy ETF (FRNW), Invesco Global Clean Energy ETF (PBD) and Global X Wind Energy ETF (WNDY). What guidance has TPI Composites issued on next quarter's earnings? TPI Composites updated its FY 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.60 billion-$1.70 billion, compared to the consensus revenue estimate of $1.65 billion. What is William E. Siwek's approval rating as TPI Composites' CEO? 4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. 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 NVIDIA (NVDA), Baidu (BIDU), Cisco Systems (CSCO), JD.com (JD), Inseego (INSG), BioXcel Therapeutics (BTAI), Baozun (BZUN), Alibaba Group (BABA), Boeing (BA) and Bilibili (BILI). 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. What is TPI Composites' stock symbol? TPI Composites trades on the NASDAQ under the ticker symbol "TPIC." Who are TPI Composites' major shareholders? TPI Composites' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.62%), State Street Corp (5.02%), Credit Suisse AG (4.06%), Geode Capital Management LLC (1.89%), Essex Investment Management Co. LLC (1.78%) and Royce & Associates LP (1.65%). Insiders that own company stock include Bam Partners Trust, Bryan Robert Schumaker, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Mark Nunneley, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, Steven G Fishbach, Thomas J Castle, Thomas J Castle and William E Siwek. View institutional ownership trends. How do I buy shares of TPI Composites? Shares of TPIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TPI Composites' stock price today? One share of TPIC stock can currently be purchased for approximately $10.66. How much money does TPI Composites make? TPI Composites (NASDAQ:TPIC) has a market capitalization of $452.84 million and generates $1.52 billion in revenue each year. The industrial products company earns $-65,310,000.00 in net income (profit) each year or ($3.13) on an earnings per share basis. How many employees does TPI Composites have? The company employs 13,500 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 official website for the company is www.tpicomposites.com. The industrial products company can be reached via phone at (480) 305-8910 or via email at investors@tpicomposites.com. 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