TPI Composites Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last twelve months. 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" TPI Composites stock.
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TPI Composites is scheduled to release its next quarterly earnings announcement on Thursday, May 6th 2021.
View our earnings forecast for TPI Composites.

TPI Composites, Inc. (NASDAQ:TPIC) announced its quarterly earnings data on Thursday, February, 25th. The industrial products company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.27 by $0.13. TPI Composites had a negative net margin of 1.54% and a positive trailing twelve-month return on equity of 7.60%.
View TPI Composites' earnings history.

TPI Composites' stock was trading at $17.06 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, TPIC shares have increased by 157.0% and is now trading at $43.84.
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TPI Composites issued an update on its FY 2021 After-Hours earnings guidance on Thursday, February, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.75-1.85 billion, compared to the consensus revenue estimate of $1.79 billion.

10 Wall Street analysts have issued 12 month price objectives for TPI Composites' stock. Their forecasts range from $33.00 to $78.00. On average, they expect TPI Composites' share price to reach $59.67 in the next year. This suggests a possible upside of 36.1% from the stock's current price.
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4 employees have rated TPI Composites CEO William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among TPI Composites' employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to TPI Composites include BWX Technologies (BWXT), Westport Fuel Systems (WPRT), Public Joint Stock Company Mosenergo (AOMOY), China Yuchai International (CYD), Power Solutions International (PSIX), Capstone Turbine (CPST), Terra Tech (TRTC), American Power Group (APGI), Briggs & Stratton (BGGSQ), REGI U.S. (RGUS) and Coates International (COTE).
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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), The Boeing (BA) and Bilibili (BILI).

(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.

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

TPI Composites' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.21%), Schroder Investment Management Group (4.64%), Schroder Investment Management Group (4.64%), Handelsbanken Fonder AB (3.87%), Morgan Stanley (2.69%) and Dimensional Fund Advisors LP (2.35%). Company insiders that own TPI Composites stock include Bryan Robert Schumaker, Daniel G Weiss, Jack A Henry, Jayshree S Desai, Paul G Giovacchini, Ramesh Gopalakrishnan, Stephen Bransfield, Steven C Lockard, Thomas J Castle and William E Siwek.
View institutional ownership trends for TPI Composites.

TPIC stock was sold by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, ExodusPoint Capital Management LP, Castleark Management LLC, Handelsinvest Investeringsforvaltning, Pekin Hardy Strauss Inc., THB Asset Management, JPMorgan Chase & Co., and Ziegler Capital Management LLC. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Paul G Giovacchini, Ramesh Gopalakrishnan, Steven C Lockard, and Thomas J Castle.
View insider buying and selling activity for TPI Composites or view top insider-selling stocks.

TPIC stock was bought by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Schroder Investment Management Group, Schroder Investment Management Group, Handelsbanken Fonder AB, Credit Suisse AG, Thornburg Investment Management Inc., Morgan Stanley, and First Trust Advisors LP. Company insiders that have bought TPI Composites stock in the last two years include Bryan Robert Schumaker, Jack A Henry, Jayshree S Desai, Paul G Giovacchini, Stephen Bransfield, Steven C Lockard, and William E Siwek.
View insider buying and selling activity for TPI Composites or or view top insider-buying stocks.

Shares of TPIC 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.
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One share of TPIC stock can currently be purchased for approximately $43.84.

TPI Composites has a market capitalization of $1.60 billion and generates $1.44 billion in revenue each year. The industrial products company earns $-15,710,000.00 in net income (profit) each year or ($0.29) on an earnings per share basis.

TPI Composites employs 13,300 workers across the globe.

The official website for TPI Composites is www.tpicomposites.com.

TPI Composites is headquartered at 8501 N. SCOTTSDALE ROAD GAINEY CENTER II SUITE 100, SCOTTSDALE AZ, 85253.

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]