NASDAQ:TPIC - TPI Composites Stock Price, Forecast & News

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

TPI Composites Inc (NASDAQ:TPIC) posted its quarterly earnings results on Wednesday, November, 6th. The industrial products company reported ($0.13) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by $0.19. The industrial products company earned $383.84 million during the quarter, compared to analyst estimates of $400.60 million. TPI Composites had a negative net margin of 1.82% and a negative return on equity of 6.29%. The business's revenue for the quarter was up 50.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.26 EPS. View TPI Composites' Earnings History.

TPI Composites is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for TPI Composites.

8 Wall Street analysts have issued twelve-month target prices for TPI Composites' stock. Their forecasts range from $25.00 to $34.00. On average, they anticipate TPI Composites' stock price to reach $29.00 in the next year. This suggests a possible upside of 41.0% from the stock's current price. View Analyst Price Targets for TPI Composites.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 2 hold ratings, 5 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TPI Composites.

Media headlines about TPIC stock have been trending somewhat positive on Friday, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. TPI Composites earned a news sentiment score of 2.0 on InfoTrie's scale. They also gave press coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for TPI Composites.

TPI Composites saw a decline in short interest during the month of December. As of December 31st, there was short interest totalling 2,930,000 shares, a decline of 5.2% from the December 15th total of 3,090,000 shares. Based on an average daily trading volume, of 507,100 shares, the days-to-cover ratio is currently 5.8 days. Approximately 9.9% of the company's shares are short sold. View TPI Composites' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other TPI Composites investors own include Canopy Growth (CGC), Baozun (BZUN), Baidu (BIDU), Innovative Industrial Properties (IIPR), Alibaba Group (BABA), InterDigital Wireless (IDCC), NVIDIA (NVDA), Twilio (TWLO), Veeva Systems (VEEV) and TENCENT HOLDING/ADR (TCEHY).

(TPIC) raised $72 million in an initial public offering (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 served as the underwriters for the IPO and Cowen and Company, Raymond James and Canaccord Genuity were co-managers.

TPI Composites' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Scout Investments Inc. (0.86%), Skyline Asset Management LP (0.56%), Eidelman Virant Capital (0.07%), DNB Asset Management AS (0.03%) and Hanson & Doremus Investment Management (0.02%). 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.

TPIC stock was sold by a variety of institutional investors in the last quarter, including Eidelman Virant Capital and Scout Investments Inc.. Company insiders that have sold TPI Composites company stock in the last year include Daniel G Weiss, Michael Lawrence Derosa and Thomas J Castle. View Insider Buying and Selling for TPI Composites.

TPIC stock was bought by a variety of institutional investors in the last quarter, including Skyline Asset Management LP, DNB Asset Management AS and Hanson & Doremus Investment Management. 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.

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.

One share of TPIC stock can currently be purchased for approximately $20.57.

TPI Composites has a market capitalization of $723.67 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.

The official website for TPI Composites is http://www.tpicomposites.com/.

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]