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
Industry Engines & turbines
Sub-IndustryN/A
SectorIndustrial Products
Phone480-305-8910
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$930.28 million
Profitability
Miscellaneous
Employees7,700
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) issued its earnings results on Wednesday, November, 7th. The industrial products company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.34. The industrial products company earned $255 million during the quarter, compared to analysts' expectations of $258.35 million. TPI Composites had a net margin of 2.03% and a return on equity of 5.74%. The company's revenue for the quarter was up .6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.62 EPS. View TPI Composites' Earnings History.
When is TPI Composites' next earnings date?
What price target have analysts set for TPIC?
8 brokers have issued 12 month price objectives for TPI Composites' shares. Their forecasts range from $30.00 to $45.00. On average, they anticipate TPI Composites' stock price to reach $37.0625 in the next year. This suggests a possible upside of 18.0% 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 1 hold rating and 7 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. 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. " (2/14/2019)
- 2. 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)
Has TPI Composites been receiving favorable news coverage?
News articles about TPIC stock have trended somewhat negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. TPI Composites earned a media sentiment score of -1.1 on InfoTrie's scale. They also assigned media headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near future.
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 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
- Mr. Steven G. Fishbach Esq., Gen. Counsel & Sec. (Age 49)
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 $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 investors include Handelsbanken Fonder AB (6.16%), Trigran Investments Inc. (5.48%), BlackRock Inc. (3.51%), Amundi Pioneer Asset Management Inc. (2.96%), Dimensional Fund Advisors LP (2.19%) and Bank of New York Mellon Corp (2.16%). 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 major investors are selling TPI Composites stock?
TPIC stock was sold by a variety of institutional investors in the last quarter, including Timpani Capital Management LLC, Mackay Shields LLC, Two Sigma Advisers LP, Essex Investment Management Co. LLC, Castleark Management LLC, Northern Trust Corp, Bank of America Corp DE and Barclays PLC. 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 major investors are buying TPI Composites stock?
TPIC stock was acquired by a variety of institutional investors in the last quarter, including Trigran Investments Inc., Handelsbanken Fonder AB, Penn Capital Management Co. Inc., Fiera Capital Corp, Elk Creek Partners LLC, Stifel Financial Corp, Dimensional Fund Advisors LP and BlackRock 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 $31.40.
How big of a company is TPI Composites?
TPI Composites has a market capitalization of $1.08 billion 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.
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.
