NASDAQ:TPIC - TPI Composites Stock Price, Price Target & More

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

TPI Composites (NASDAQ:TPIC) released its quarterly earnings results on Thursday, May, 3rd. The industrial products company reported $0.24 EPS for the quarter, beating analysts' consensus estimates of $0.04 by $0.20. The industrial products company earned $254 million during the quarter, compared to analyst estimates of $229.32 million. TPI Composites had a return on equity of 28.51% and a net margin of 4.92%. TPI Composites's quarterly revenue was up 21.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.10 EPS. View TPI Composites' Earnings History.

TPI Composites is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for TPI Composites.

TPI Composites updated its FY18 earnings guidance on Thursday, May, 3rd. The company provided earnings per share (EPS) guidance of $0.38-0.42 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.39. The company issued revenue guidance of $1.00-1.05 billion, compared to the consensus revenue estimate of $1.02 billion.

7 analysts have issued 12-month target prices for TPI Composites' stock. Their predictions range from $23.00 to $33.00. On average, they expect TPI Composites' share price to reach $28.2857 in the next year. View Analyst Ratings for TPI Composites.

Some companies that are related to TPI Composites include Mosenergo (AOMOY), China Yuchai International (CYD), Briggs & Stratton (BGG), Westport Fuel Systems (WPRT), Terra Tech (TRTC), Power Solutions International (PSIX), Capstone Turbine (CPST), REGI U.S. (RGUS), American Power Group (APGI) and Coates International (COTE).

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

Media headlines about TPIC stock have trended somewhat positive on Tuesday, according to Accern. The research group identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. TPI Composites earned a news sentiment score of 0.11 on Accern's scale. They also assigned news stories about the industrial products company an impact score of 46.86 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

TPI Composites' stock is owned by a number of of institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (5.03%), BlackRock Inc. (2.03%), Millennium Management LLC (1.57%), Thrivent Financial for Lutherans (1.35%), Loomis Sayles & Co. L P (1.34%) and Dimensional Fund Advisors LP (1.15%). Company insiders that own TPI Composites stock include Daniel G Weiss, Element Partners Ii Intrafund, Investors L P Angeleno II, Jack A Henry, James Alton Hughes, Landmark Equity Advisors Llc, Paul G Giovacchini, Philip J Deutch, Steven C Lockard, Steven G Fishbach 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 Wasatch Advisors Inc., Millennium Management LLC, American Century Companies Inc., UBS Group AG, Loomis Sayles & Co. L P, GSA Capital Partners LLP, Northern Trust Corp and DekaBank Deutsche Girozentrale. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Investors L P Angeleno II, Landmark Equity Advisors Llc and Philip J Deutch. View Insider Buying and Selling for TPI Composites.

TPIC stock was acquired by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Trigran Investments Inc., Mackay Shields LLC, BlackRock Inc., Cortina Asset Management LLC, Dimensional Fund Advisors LP, Stanley Laman Group Ltd. and JPMorgan Chase & Co.. 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 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.

One share of TPIC stock can currently be purchased for approximately $27.05.

TPI Composites has a market capitalization of $898.80 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.

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]