TPI Composites, Inc. (TPIC)
Market Cap | 95.13M |
Revenue (ttm) | 1.30B |
Net Income (ttm) | -179.26M |
Shares Out | 47.56M |
EPS (ttm) | -3.86 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 878,521 |
Open | 2.020 |
Previous Close | 2.020 |
Day's Range | 1.930 - 2.041 |
52-Week Range | 1.900 - 5.750 |
Beta | 1.93 |
Analysts | Hold |
Price Target | 4.49 (+124.5%) |
Earnings Date | Nov 7, 2024 |
About 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 ... [Read more]
Financial Performance
In 2023, TPI Composites's revenue was $1.46 billion, a decrease of -4.44% compared to the previous year's $1.52 billion. Losses were -$177.61 million, 43.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for TPIC stock is "Hold." The 12-month stock price forecast is $4.49, which is an increase of 124.50% from the latest price.
News
TPI Composites, Inc. (TPIC) Q3 2024 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President & Chief Executive Office...
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Results – Operational Execution and Strategic Initiatives Drive Improved Profitability
SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the third quarter ended September 30, 2024.
Jennifer Lowry to Join the Board of Directors of TPI Composites, Inc.
SCOTTSDALE, Ariz., Nov. 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Jennifer Lowry will be appointed to its board of directors, effective as of November...
TPI Composites, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., Oct. 17, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2024 results after the market close on ...
TPI Composites Participates in Cure Optimization for Wind Blade Fabrication with University of Texas at Dallas
SCOTTSDALE, Ariz., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Today TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced its participation with the University of Texas at Dallas to apply physics-informed machi...
TPI Composites, Inc. (TPIC) Q2 2024 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Jason Wegmann - IR Bill Siwek - President & CEO Ryan Miller - CFO Conference Call Pa...
TPI Composites, Inc. Announces Second Quarter 2024 Earnings Results – Remains Well Positioned for a Recovery in the Second Half of 2024
SCOTTSDALE, Ariz., Aug. 08, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the second quarter ended June 30, 2024.
TPI Composites, Inc. Announces Second Quarter 2024 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., July 18, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2024 results after the market close on...
3 Under-the-Radar Clean Energy Stocks With Upside Potential, Regardless Of Who's In The White House
As we move into the second half of 2024, the clean energy sector is ripe with opportunities despite the current volatility. According to insights from JPMorgan analyst Patrick Jones, the sector is pos...
TPI Composites Announces Agreement to Divest Automotive Business Unit as a Part of Continued Focus on Wind
SCOTTSDALE, Ariz., June 17, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced it has entered into a definitive agreement to divest its automotive business to Clear Creek In...
TPI Composites Partners with University of Maine and Oak Ridge National Laboratory to Leverage One of the World's Largest Polymer 3D Printers for Wind Turbine Tooling
SCOTTSDALE, Ariz., May 07, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) today announced a groundbreaking initiative in partnership with the University of Maine Advanced Structur...
TPI Composites, Inc. (TPIC) Q1 2024 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC) Q1 2024 Earnings Conference Call May 3, 2024 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President and Chief Executive Officer R...
TPI Composites, Inc. Announces First Quarter 2024 Earnings Results – Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance
SCOTTSDALE, Ariz., May 02, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the first quarter ended March 31, 2024.
TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2024 results after the market close on...
Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.
SCOTTSDALE, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Edward “Ned” Hall has been nominated to join its board of directors, and if elected...
TPI Composites, Inc. Publishes its Annual Sustainability Report Reaffirming Its Commitments to a Zero-Harm Culture and Carbon Neutrality
SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today published its 2023 sustainability report highlighting its progress on organizational and global impacts...
TPI Composites: Turnaround Is In Sight (Rating Upgrade)
TPI Composites, Inc.'s actual revenue and EBITDA for the recent quarter were below expectations, even though its Q4 2023 headline earnings benefited from a non-operating gain.
TPI Composites, Inc. (TPIC) Q4 2023 Earnings Call Transcript
TPI Composites, Inc. (TPIC) Q4 2023 Earnings Call Transcript
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
SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the fourth quarter and full year ended December 31, 2023.
TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its fourth quarter and full year 2023 results after the m...
TPI and GE Vernova Expand Contract in Mexico
SCOTTSDALE, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world...
TPI Composites, Inc. Announces Refinancing Transaction with Oaktree, Significantly Strengthening Company's Liquidity Position and Enhancing Financial Flexibility
Improves liquidity by approximately $190 million Permanently reduces future obligations by up to $90 million SCOTTSDALE, Ariz., Dec. 14, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC) (“...
TPI Composites, Inc. Appoints Charles Stroo as Chief Operating Officer, Wind
SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective...
TPI Composites: Recovery Will Take More Time
The TPI Composites Q3 results miss, FY 2023 guidance revision, and recent management commentary all point to difficult times for the company in the very near term. However, TPI Composites is a play on...
TPI Composites, Inc. (TPIC) Q3 2023 Earnings Call Transcript
TPI Composites, Inc. (NASDAQ:TPIC) Q3 2023 Earnings Conference Call November 2, 2023 5:00 PM ET Company Participants Jason Wegmann - Investor Relations Bill Siwek - President and Chief Executive Offi...