Should I buy or sell TPI Composites stock right now?

9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TPIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPIC, but not buy additional shares or sell existing shares. View TPIC analyst ratings or view top-rated stocks .

What is TPI Composites' stock price target for 2024?

9 Wall Street research analysts have issued 1-year price objectives for TPI Composites' stock. Their TPIC share price targets range from $3.00 to $15.00. On average, they predict the company's stock price to reach $9.22 in the next year. This suggests a possible upside of 237.8% from the stock's current price. View analysts price targets for TPIC or view top-rated stocks among Wall Street analysts .

How have TPIC shares performed in 2024?

TPI Composites' stock was trading at $4.14 at the start of the year. Since then, TPIC stock has decreased by 34.1% and is now trading at $2.73. View the best growth stocks for 2024 here .

When is TPI Composites' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our TPIC earnings forecast .

How can I listen to TPI Composites' earnings call?

TPI Composites will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10187861".

How were TPI Composites' earnings last quarter?

TPI Composites, Inc. (NASDAQ:TPIC) posted its quarterly earnings data on Thursday, February, 22nd. The industrial products company reported $0.27 EPS for the quarter, topping the consensus estimate of ($0.91) by $1.18. The industrial products company earned $296.99 million during the quarter, compared to analysts' expectations of $340.91 million. During the same quarter in the prior year, the firm posted ($0.73) earnings per share.

What ETFs hold TPI Composites' stock?

ETFs with the largest weight of TPI Composites (NASDAQ:TPIC) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX) , Gen Z ETF (ZGEN) , Fidelity Clean Energy ETF (FRNW) , SmartETFs Sustainable Energy II ETF (SOLR) and VanEck Green Infrastructure ETF (RNEW) .

What guidance has TPI Composites issued on next quarter's earnings?

TPI Composites issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.5 billion.

What is William E. Siwek's approval rating as TPI Composites' CEO?

4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com . William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of TPI Composites own?

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) , Boeing (BA) and Bilibili (BILI) .

When did TPI Composites IPO?

TPI Composites (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 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 a number of institutional and retail investors. Top institutional shareholders include Guinness Asset Management LTD (0.84%), Green Alpha Advisors LLC (0.48%) and Los Angeles Capital Management LLC (0.11%). Insiders that own company stock include Bam Partners Trust, Daniel G Weiss, Daniel G Weiss , James Alton Hughes , Jerrold I Lavine, Mark Nunneley, Ramesh Gopalakrishnan , Ryan D Miller, Steven C Lockard , Thomas J Castle , Tyrone Michael Jordan and William E Siwek . View institutional ownership trends .

How do I buy shares of TPI Composites?

Shares of TPIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:TPIC

TPI Composites (TPIC) Stock Price, News & Analysis

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Free TPIC Stock Alerts

$2.69

-0.05 (-1.82%)

(As of 04/18/2024 ET)

Compare

Today's Range: $2.67
▼
$2.89
50-Day Range: $2.51
▼
$3.42
52-Week Range: $1.63
▼
$13.24

Volume: 1.03 million shs
Average Volume: 1.14 million shs
Market Capitalization: $127.69 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.22

Get TPI Composites alerts:

TPI Composites MarketRank™ Stock Analysis

Analyst Rating: Hold
2.11 Rating Score
Upside/Downside: 237.8% Upside
$9.22 Price Target
Short Interest: Bearish
14.32% of Shares Sold Short
Dividend Strength: N/A
Sustainability: 2.17
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.47) to ($0.06) Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.26 out of 5 stars

Industrial Products Sector

80th out of 165 stocks

Engines & Turbines Industry

4th out of 5 stocks

3.1

Analyst's Opinion

Consensus Rating
TPI Composites has received a consensus rating of Hold. The company's average rating score is 2.11, and is based on 1 buy rating, 8 hold ratings, and no sell ratings.
Amount of Analyst Coverage
TPI Composites has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
14.32% of the outstanding shares of TPI Composites have been sold short.
Short Interest Ratio / Days to Cover
TPI Composites has a short interest ratio ("days to cover") of 6.
Change versus previous month
Short interest in TPI Composites has recently increased by 5.43%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
TPI Composites does not currently pay a dividend.
Dividend Growth
TPI Composites does not have a long track record of dividend growth.

4.4

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
TPI Composites has received a 67.36% net impact score from Upright. The largest positive contribution comes from its "GHG emissions" impact, which is driven by its "Wind turbine blade covers" and "Wind turbine maintenance" products. See details.
Environmental Sustainability
The Environmental Impact score for TPI Composites is 2.17.

1.8

News and Social Media Coverage

News Sentiment
TPI Composites has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.61 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 1 news article for TPI Composites this week, compared to 2 articles on an average week.
Search Interest
20 people have searched for TPIC on MarketBeat in the last 30 days. This is an increase of 82% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added TPI Composites to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TPI Composites insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 4.80% of the stock of TPI Composites is held by insiders.
Percentage Held by Institutions
75.24% of the stock of TPI Composites is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for TPI Composites are expected to grow in the coming year, from ($1.47) to ($0.06) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TPI Composites is -0.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of TPI Composites is -0.65, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

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About TPI Composites Stock (NASDAQ:TPIC)

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. 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.

TPIC Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TPIC Stock News Headlines

April 11, 2024 | globenewswire.com

TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call

April 9, 2024 | globenewswire.com

Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.

April 18, 2024 | Gold Safe Exchange (Ad)

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April 6, 2024 | finance.yahoo.com

TPI Composites, Inc. (NASDAQ:TPIC) is a favorite amongst institutional investors who own 69%

March 28, 2024 | globenewswire.com

TPI Composites, Inc. Publishes its Annual Sustainability Report Reaffirming Its Commitments to a Zero-Harm Culture and Carbon Neutrality

March 23, 2024 | money.usnews.com

TPI Composites Inc

March 16, 2024 | finance.yahoo.com

TPIC Apr 2024 2.500 call

March 1, 2024 | seekingalpha.com

TPI Composites: Weak Results And Guidance

April 18, 2024 | Gold Safe Exchange (Ad)

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TPI Composites: Turnaround Is In Sight (Rating Upgrade)

February 25, 2024 | finance.yahoo.com

Earnings Update: TPI Composites, Inc. (NASDAQ:TPIC) Just Reported And Analysts Are Trimming Their Forecasts

February 24, 2024 | finance.yahoo.com

TPI Composites Full Year 2023 Earnings: EPS Beats Expectations, Revenues Lag

February 23, 2024 | finance.yahoo.com

TPI Composites, Inc. (NASDAQ:TPIC) Q4 2023 Earnings Call Transcript

February 23, 2024 | finance.yahoo.com

Q4 2023 TPI Composites Inc Earnings Call

February 23, 2024 | markets.businessinsider.com

TPI Composites: Transitioning Towards Long-Term Growth, Maintains Buy Rating

February 22, 2024 | benzinga.com

TPI Composites: Q4 Earnings Insights

February 22, 2024 | finance.yahoo.com

TPI Composites Inc (TPIC) Reports Mixed 2023 Financial Results Amidst Industry Challenges

February 22, 2024 | globenewswire.com

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Results; Enhanced Liquidity Position and Projects Improved Profitability for the Second Half of 2024

February 21, 2024 | markets.businessinsider.com

Here's what to expect from TPI Composites's earnings report

February 21, 2024 | investing.com

TPI Composites Inc (TPIC)

February 18, 2024 | finance.yahoo.com

Bitcoin surges under new SEC approval

February 15, 2024 | finance.yahoo.com

TPI Composites (TPIC) Expected to Beat Earnings Estimates: What to Know Ahead of Q4 Release

February 1, 2024 | finance.yahoo.com

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call

January 30, 2024 | finance.yahoo.com

TPI Composites, Inc. (NASDAQ:TPIC): Are Analysts Optimistic?

January 11, 2024 | finance.yahoo.com

TPI and GE Vernova Expand Contract in Mexico

December 15, 2023 | markets.businessinsider.com

TD Cowen Reaffirms Their Buy Rating on TPI Composites (TPIC)

December 14, 2023 | ca.finance.yahoo.com

TPIC Dec 2023 2.500 call

See More Headlines

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Company Calendar

Last Earnings: 2/22/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Industrial Products
Industry: Engines & turbines
Sub-Industry: N/A
Current Symbol: NASDAQ:TPIC
CUSIP: N/A
CIK: 1455684
Web: www.tpicomposites.com
Phone: (480) 305-8910
Fax: N/A
Employees: 12,300
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.22
High Stock Price Target: $15.00
Low Stock Price Target: $3.00
Potential Upside/Downside: +236.6%
Consensus Rating: Hold
Rating Score (0-4): 2.11
Research Coverage: 9 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($4.18)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-201,780,000.00
Net Margins: -8.19%
Pretax Margin: -12.29%
Return on Equity: N/A
Return on Assets: -12.66%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.30
Quick Ratio: 1.28

Sales & Book Value

Annual Sales: $1.46 billion
Price / Sales: 0.09
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($2.87) per share
Price / Book: -0.95

Miscellaneous

Outstanding Shares: 47,470,000
Free Float: 45,190,000
Market Cap: $130.07 million
Optionable: Optionable
Beta: 2.03

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Key Executives

Mr. William E. Siwek (Age 61)
President, CEO & Director
Comp: $1.64M
Mr. Ryan D. Miller (Age 49)
Chief Financial Officer
Comp: $655.56k
Mr. Adan Gossar (Age 50)
Chief Accounting Officer
Comp: $590.96k
Mr. Jerry Lavine (Age 55)
President of Automotive
Comp: $770.34k
Mr. Charles Stroo (Age 48)
Chief Operating Officer
Mr. Nicholas Warchol
Senior Vice President of Technology & Engineering
Mr. Theo Gibson
Chief Information Officer
Christian Edin
Senior Director of Investor Relations
Mr. Steven G. Fishbach Esq. (Age 54)
General Counsel & Secretary
Comp: $627.04k
Ms. Deane Ilukowicz
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TPIC Stock Analysis - Frequently Asked Questions

Should I buy or sell TPI Composites stock right now?: 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TPI Composites in the last year. There are currently 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TPIC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TPIC, but not buy additional shares or sell existing shares.
View TPIC analyst ratings or view top-rated stocks.
What is TPI Composites' stock price target for 2024?: 9 Wall Street research analysts have issued 1-year price objectives for TPI Composites' stock. Their TPIC share price targets range from $3.00 to $15.00. On average, they predict the company's stock price to reach $9.22 in the next year. This suggests a possible upside of 237.8% from the stock's current price.
View analysts price targets for TPIC or view top-rated stocks among Wall Street analysts.
How have TPIC shares performed in 2024?: TPI Composites' stock was trading at $4.14 at the start of the year. Since then, TPIC stock has decreased by 34.1% and is now trading at $2.73.
View the best growth stocks for 2024 here.
When is TPI Composites' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our TPIC earnings forecast.
How can I listen to TPI Composites' earnings call?: TPI Composites will be holding an earnings conference call on Thursday, May 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "10187861".
How were TPI Composites' earnings last quarter?: TPI Composites, Inc. (NASDAQ:TPIC) posted its quarterly earnings data on Thursday, February, 22nd. The industrial products company reported $0.27 EPS for the quarter, topping the consensus estimate of ($0.91) by $1.18. The industrial products company earned $296.99 million during the quarter, compared to analysts' expectations of $340.91 million. During the same quarter in the prior year, the firm posted ($0.73) earnings per share.
What ETFs hold TPI Composites' stock?: ETFs with the largest weight of TPI Composites (NASDAQ:TPIC) stock in their portfolio include ProShares S&P Kensho Cleantech ETF (CTEX), Gen Z ETF (ZGEN), Fidelity Clean Energy ETF (FRNW), SmartETFs Sustainable Energy II ETF (SOLR) and VanEck Green Infrastructure ETF (RNEW).

What guidance has TPI Composites issued on next quarter's earnings?: TPI Composites issued an update on its FY 2024 earnings guidance on Thursday, February, 22nd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.3 billion-$1.4 billion, compared to the consensus revenue estimate of $1.5 billion.
What is William E. Siwek's approval rating as TPI Composites' CEO?: 4 employees have rated TPI Composites Chief Executive Officer William E. Siwek on Glassdoor.com. William E. Siwek has an approval rating of 100% among the company's employees. This puts William E. Siwek in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of TPI Composites own?: 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), Boeing (BA) and Bilibili (BILI).
When did TPI Composites IPO?: TPI Composites (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 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 a number of institutional and retail investors. Top institutional shareholders include Guinness Asset Management LTD (0.84%), Green Alpha Advisors LLC (0.48%) and Los Angeles Capital Management LLC (0.11%). Insiders that own company stock include Bam Partners Trust, Daniel G Weiss, Daniel G Weiss, James Alton Hughes, Jerrold I Lavine, Mark Nunneley, Ramesh Gopalakrishnan, Ryan D Miller, Steven C Lockard, Thomas J Castle, Tyrone Michael Jordan and William E Siwek.
View institutional ownership trends.
How do I buy shares of TPI Composites?: Shares of TPIC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:TPIC) was last updated on 4/18/2024 by MarketBeat.com Staff

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TPI Composites (TPIC) Stock Price, News & Analysis

TPI Composites MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TPI Composites Stock (NASDAQ:TPIC)

TPIC Stock Price History

TPIC Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

TPIC Stock Analysis - Frequently Asked Questions

Overall MarketRank^™