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TPI Composites (TPIC)
NASDAQ:TPIC
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TPIC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.63 - $5.75
Previous Close$4.38
Volume764.07K
Average Volume (3M)674.60K
Market Cap
$208.29M
Enterprise Value$798.11M
Total Cash (Recent Filing)$101.86M
Total Debt (Recent Filing)$691.68M
Price to Earnings (P/E)―
Beta1.85
Next Earnings
Nov 06, 2024EPS Estimate
-$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-4.62
Shares Outstanding47,553,773
10 Day Avg. Volume486,376
30 Day Avg. Volume674,597
Standard Deviation0.25
R-Squared0.16
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-0.76
Price to Sales (P/S)0.15
Price to Cash Flow (P/CF)-1.30
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.59
Enterprise Value/Gross Profit-9.12
Enterprise Value/Ebitda-13.16
Forecast
1Y Price Target
$5.56Price Target Upside26.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
TPI Composites News
PremiumCompany Announcements
TPI Composites Divests Automotive Subsidiary Amidst Leadership ChangesBulls Say, Bears Say
Bulls Say
Financial PerformanceDivesting the auto business allows for a sharper focus on blade manufacturing, with signs of margin improving.
Market RecoveryManagement's strategic reorientation sets the company up to capitalize on a wind market recovery.
Operational EfficiencyThe company remains confident in its ability to run its lines at higher utilization rates, which is expected to offset capex investments.
Bears Say
Order CancellationsNordex cancelled some of its purchase orders for the Matamoros facility and requested to ramp-down production earlier than expected, driving lower sales and weaker adj. EBITDA.
ProfitabilityDue to weaker-than-expected profitability, TPIC now expects its adj. EBITDA margin for the full-year will reach approximately 1%.
Sales ImpactAn emphasis on product quality slowed startup and transition activity at two of its facilities, which drove a $20m drag on net sales.
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Ownership Overview
24.43% Insiders
12.68% Mutual Funds
39.51% Other Institutional Investors
23.38% 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 $5.75 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 Nov 06, 2024 which is in 47 days.
How were TPI Composites’s earnings last quarter?
TPI Composites released its earnings results on Aug 08, 2024. The company reported -$1.92 earnings per share for the quarter, missing the consensus estimate of -$0.705 by -$1.215.
Is TPI Composites overvalued?
According to Wall Street analysts TPI Composites’s price is currently Undervalued.
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 -$0.2.
How many shares outstanding does TPI Composites have?
TPI Composites has 47,553,772 shares outstanding.
What happened to TPI Composites’s price movement after its last earnings report?
TPI Composites reported an EPS of -$1.92 in its last earnings report, missing expectations of -$0.705. Following the earnings report the stock price went up 13.295%.
Which hedge fund is a major shareholder of TPI Composites?
Among the largest hedge funds holding TPI Composites’s share is Graham Capital Management, L.P.. It holds TPI Composites’s shares valued at 152K.
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TPI Composites Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$5.56 (26.94% Upside)
$5.56 (26.94% Upside)
Blogger Sentiment
Bullish
TPIC Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 38.1K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 2.9%
Last 30 Days ▼ 2.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
13.05%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
-24.29%
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
Q2 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
$5.56
▲(26.94% Upside)
Technical Analysis
Best Analysts Covering TPIC
1 Year
1 Year Success Rate
12/22 ratings generated profit
1 Year Average Return
+7.44%
assigned a buy rating last month
Copying Jeff Osborne's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +7.44% per trade.
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