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TPI Composites (TPIC)
NASDAQ:TPIC
TPI Composites (TPIC) Stock Price & Analysis
748 Followers
TPIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.63 - $12.24
Previous Close$3.7
Volume775.37K
Average Volume (3M)1.12M
Market Cap
$175.63M
Enterprise Value$638.92M
Total Cash (Recent Filing)$161.06M
Total Debt (Recent Filing)$624.34M
Price to Earnings (P/E)-0.8
Beta1.60
Next Earnings
Aug 01, 2024EPS Estimate
-$0.7Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.61
Shares Outstanding47,468,503
10 Day Avg. Volume1,252,386
30 Day Avg. Volume1,116,898
Standard Deviation0.24
R-Squared0.20
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-1.40
Price to Sales (P/S)0.13
Price to Cash Flow (P/CF)8.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.44
Enterprise Value/Gross Profit-7.30
Enterprise Value/Ebitda-17.64
Forecast
1Y Price Target
$3.76Price Target Upside-3.09% Downside
Rating ConsensusHold
Number of Analyst Covering8
TPI Composites News
PremiumCompany Announcements
Board Changes and Election Details at TPI Composites
PremiumCompany Announcements
TPI Composites CCO Resigns to Pursue New OpportunitiesBulls Say, Bears Say
Bulls Say
Cost ManagementCompany's ability to prudently manage its costs during a challenging period, limiting its cash outflow.
Demand And Revenue OutlookOrder rates have begun to improve over the last couple of quarters, indicating a potential upswing in demand for TPI's products.
Financial FlexibilityTPI announced an agreement with Oaktree Capital management to refinance its preferred stock, greatly improving its liquidity position.
Bears Say
Earnings GuidanceGuidance for top-line and adjusted EBITDA came in below expectations.
Operational EfficiencyTPI results came in lower than expected as it continues to focus on its quality improvement initiatives.
Sector ChallengesAutomotive sales declined due to Proterra's bankruptcy and customer supply chain constraints affecting revenue.
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Ownership Overview
24.02% Insiders
11.64% Mutual Funds
19.98% Other Institutional Investors
44.37% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TPIC FAQ
What was TPI Composites’s price range in the past 12 months?
TPI Composites lowest stock price was $1.63 and its highest was $12.24 in the past 12 months.
What is TPI Composites’s market cap?
Currently, no data Available
When is TPI Composites’s upcoming earnings report date?
TPI Composites’s upcoming earnings report date is Aug 01, 2024 which is in 79 days.
How were TPI Composites’s earnings last quarter?
TPI Composites released its earnings results on May 02, 2024. The company reported -$1.3 earnings per share for the quarter, missing the consensus estimate of -$0.712 by -$0.588.
Is TPI Composites overvalued?
According to Wall Street analysts TPI Composites’s price is currently Overvalued.
Does TPI Composites pay dividends?
TPI Composites does not currently pay dividends.
What is TPI Composites’s EPS estimate?
TPI Composites’s EPS estimate is -$0.7.
How many shares outstanding does TPI Composites have?
TPI Composites has 47,468,502 shares outstanding.
What happened to TPI Composites’s price movement after its last earnings report?
TPI Composites reported an EPS of -$1.3 in its last earnings report, missing expectations of -$0.712. Following the earnings report the stock price went up 2.747%.
Which hedge fund is a major shareholder of TPI Composites?
Among the largest hedge funds holding TPI Composites’s share is Platinum Investment Management. It holds TPI Composites’s shares valued at 21K.
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TPI Composites Stock Smart Score
Underperform
1
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8
9
10
Analyst Consensus
Hold
Average Price Target:
$3.76 (-3.09% Downside)
$3.76 (-3.09% Downside)
Blogger Sentiment
Bullish
TPIC Sentiment 60%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 119.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.2%
Last 30 Days ▼ 4.3%
Last 30 Days ▼ 4.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-59.69%
12-Months-Change
Fundamentals
Return on Equity
-352.92%
Trailing 12-Months
Asset Growth
-24.88%
Trailing 12-Months
Company Description
TPI Composites
TPI Composites, Inc. is a holding company, which engages in the manufacture of composite wind blades for the wind energy market. It operates through the following segments: United States (US); Asia; Mexico; and Europe, the Middle East, and Africa (EMEA). The US segment includes the production of wind blades in Newton, Iowa plant; and manufacturing of precision molding and assembly systems used for the manufacture of wind blades in Warren, Rhode Island facility, and composite solutions for the transportation industry. The Asia segment produces wind blades in Taicang Port, Dafeng, and Yangzhou, China facilities. The Mexico segment focuses its operation of wind blades in Juárez and Matamoros, Mexico. The EMEAI segment offers wind blades from two facilities in Izmir, Turkey; and also performs wind blade inspection and repair services. The company was founded by Everett Pearson and Neil Tillotson in 1968 and is headquartered in Scottsdale, AZ.
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TPIC Company Deck
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TPIC Earnings Call
Q1 2024
0:00 / 0:00
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TPIC Net sales Breakdown
95.82% Wind blade, tooling and other wind related sales
2.62% Field service, inspection and repair services sales
1.57% Automotive sales
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TPIC Stock 12 Month Forecast
Average Price Target
$3.76
▼(-3.09% Downside)
Technical Analysis
Best Analysts Covering TPIC
1 Year
1 Year Success Rate
10/21 ratings generated profit
1 Year Average Return
+5.23%
reiterated a buy rating 3 months ago
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 47.62% of your transactions generating a profit, with an average return of +5.23% per trade.
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