TPI Composites, Inc. (TPIC)

NASDAQ: TPIC · IEX Real-Time Price · USD
22.40
-2.15 (-8.76%)
At close: Aug 15, 2022 4:00 PM
22.82
+0.42 (1.88%)
After-hours: Aug 15, 2022 7:38 PM EDT
-8.76%
Market Cap 835.23M
Revenue (ttm) 1.71B
Net Income (ttm) -173.99M
Shares Out 37.29M
EPS (ttm) -5.00
PE Ratio n/a
Forward PE 18.48
Dividend n/a
Ex-Dividend Date n/a
Volume 846,789
Open 24.41
Previous Close 24.55
Day's Range 22.22 - 24.49
52-Week Range 9.23 - 43.32
Beta 1.64
Analysts Buy
Price Target 17.38 (-22.4%)
Earnings Date Aug 3, 2022

About TPIC

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs). The company also provides composite solutions for the transportation industry; and field service inspection and repair services to OEM customers and wind farm owners and operators. It operates in the United States, Asia, Mexico, Europe, the Middle East, Africa, and India. The company was formerly known as LCSI Holding, Inc. and changed its name to TPI Composites, Inc. in 2008. TPI Comp... [Read more...]

Industry Electrical Equipment
IPO Date Jul 22, 2016
CEO William Siwek
Employees 14,000
Stock Exchange NASDAQ
Ticker Symbol TPIC
Full Company Profile

Financial Performance

In 2021, TPI Composites's revenue was $1.73 billion, an increase of 3.74% compared to the previous year's $1.67 billion. Losses were -$159.55 million, 738.5% more than in 2020.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for TPIC stock is "Buy." The 12-month stock price forecast is 17.38, which is a decrease of -22.41% from the latest price.

Price Target
$17.38
(-22.41% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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TPI Composites (TPIC) Reports Q2 Loss, Tops Revenue Estimates

TPI Composites (TPIC) delivered earnings and revenue surprises of -60% and 4.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

TPI Composites, Inc. Announces Second Quarter 2022 Earnings Results – Operational Improvements and Cost Reduction Act...

SCOTTSDALE, Ariz., Aug. 03, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the second quarter ended June 30, 2022.

TPI Composites (TPIC) Stock Jumps 19.4%: Will It Continue to Soar?

TPI Composites (TPIC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

TPI Composites (TPIC) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

TPI Composites (TPIC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TPI Composites, Inc. Announces Second Quarter 2022 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., July 13, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2022 results after the market close on W...

TPI Composites, Inc. Appoints Ryan Miller as CFO

SCOTTSDALE, Ariz., May 23, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that i...

Why TPI Composites Stock Jumped 20% Today in a Down Market

The wind blades manufacturer is impressed with its own first-quarter performance, but should you be?

TPI Composites (TPIC) Reports Q1 Loss, Misses Revenue Estimates

TPI Composites (TPIC) delivered earnings and revenue surprises of 24.47% and 1.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

TPI Composites, Inc. Announces First Quarter 2022 Earnings Results – Cost Mitigation Efforts and Transition Efficienc...

SCOTTSDALE, Ariz., May 05, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the first quarter ended March 31, 2022.

TPI Composites (TPIC) Expected to Beat Earnings Estimates: Should You Buy?

TPI Composites (TPIC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TPI Composites, Inc. Announces First Quarter 2022 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., April 19, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2022 results after the market close on T...

TPI Composites, Inc. Publishes its Annual Sustainability Report Highlighting Its Goal to Set the ESG “Gold Standard”

SCOTTSDALE, Ariz., March 31, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today published its 2021 sustainability report highlighting its progress on Environmental, Social, and Governan...

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TPI Composites (TPIC) Reports Q4 Loss, Tops Revenue Estimates

TPI Composites (TPIC) delivered earnings and revenue surprises of 3.09% and 1.04%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Results – Achieves Record Net Sales for the...

SCOTTSDALE, Ariz., Feb. 24, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the fourth quarter and full year ended December 31, 2021.

Earnings Preview: TPI Composites (TPIC) Q4 Earnings Expected to Decline

TPI Composites (TPIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TPI Composites, Inc. Announces Fourth Quarter and Full Year 2021 Earnings Release Date and Conference Call

SCOTTSDALE, Ariz., Feb. 14, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its fourth quarter and full year 2021 results after the mar...

Can TPI Composites Bounce Back in 2022?

Last year was tough.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors TPI Composites, Inc. - TPIC

NEW YORK, Jan. 6, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of TPI Composites, Inc. ("TPI" or the "Company") (NASDAQ: TPIC). Such investors are advised to contact...

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Raymond James Downgrades Evoqua Water, Xylem; Turns Bullish On TPI Composites

Raymond James analyst Pavel Molchanov downgraded Evoqua Water Technologies Corp (NYSE:AQUA) to Market Perform from Outperform without a price target.  The analyst notes, with Evoqua having been the best...

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What Stock Would You Buy if the Current CEO Quit? 3 Investors Weigh In

Leadership is key.

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Why TPI Composites Stock Got a Lift Today

The wind energy stock, which has recently been languishing, picked up a rating upgrade from an analyst.

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