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TPI Composites NasdaqGM:TPIC Stock Report

Last Price

US$2.39

Market Cap

US$113.5m

7D

-11.2%

1Y

-80.3%

Updated

25 Apr, 2024

Data

Company Financials +

TPI Composites, Inc.

NasdaqGM:TPIC Stock Report

Market Cap: US$113.5m

TPIC Stock Overview

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.

TPIC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health1/6
Dividends0/6

TPI Composites, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TPI Composites
Historical stock prices
Current Share PriceUS$2.39
52 Week HighUS$12.53
52 Week LowUS$1.63
Beta2.02
1 Month Change-11.48%
3 Month Change-13.56%
1 Year Change-80.33%
3 Year Change-95.72%
5 Year Change-90.71%
Change since IPO-82.37%

Recent News & Updates

TPI Composites: Turnaround Is In Sight (Rating Upgrade)

Feb 26

TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 25
TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Recent updates

TPI Composites: Turnaround Is In Sight (Rating Upgrade)

Feb 26

TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

Feb 25
TPI Composites, Inc. (NASDAQ:TPIC) Consensus Forecasts Have Become A Little Darker Since Its Latest Report

TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement

Dec 23
TPI Composites, Inc. (NASDAQ:TPIC) Surges 80% Yet Its Low P/S Is No Reason For Excitement

TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates

Nov 10
TPI Composites, Inc. (NASDAQ:TPIC) Analysts Just Slashed Next Year's Estimates

Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?

Aug 21
Would TPI Composites (NASDAQ:TPIC) Be Better Off With Less Debt?

Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?

Jan 12
Is TPI Composites (NASDAQ:TPIC) Using Too Much Debt?

TPI Composites: Massive Incoming Revenue And Cash Flow

Sep 16

Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?

Aug 03
Is TPI Composites (NASDAQ:TPIC) Weighed On By Its Debt Load?

TPI Composites - Down But Not Out

May 23

Circling Back On TPI Composites

Apr 17

What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?

Feb 23
What Is TPI Composites, Inc.'s (NASDAQ:TPIC) Share Price Doing?

TPI Composites : Good Play In Wind Energy, Despite Operational Challenges

Dec 15

TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky

Nov 22
TPI Composites (NASDAQ:TPIC) Use Of Debt Could Be Considered Risky

TPI Composites: Still Missing A Strong Tailwind

Nov 17

TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively

Oct 11
TPI Composites (NASDAQ:TPIC) Might Be Having Difficulty Using Its Capital Effectively

Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?

Sep 21
Should You Think About Buying TPI Composites, Inc. (NASDAQ:TPIC) Now?

We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve

Aug 12
We Think TPI Composites' (NASDAQ:TPIC) Profit Is Only A Baseline For What They Can Achieve

TPI Composites: Lofty But Not Outrageous

Jul 27

TPI Composites, Inc. (NASDAQ:TPIC) Shares Could Be 25% Above Their Intrinsic Value Estimate

Jul 26
TPI Composites, Inc. (NASDAQ:TPIC) Shares Could Be 25% Above Their Intrinsic Value Estimate

Shareholder Returns

TPICUS ElectricalUS Market
7D-11.2%2.7%1.0%
1Y-80.3%31.9%21.9%

Return vs Industry: TPIC underperformed the US Electrical industry which returned 34.7% over the past year.

Return vs Market: TPIC underperformed the US Market which returned 24.9% over the past year.

Price Volatility

Is TPIC's price volatile compared to industry and market?
TPIC volatility
TPIC Average Weekly Movement13.9%
Electrical Industry Average Movement9.5%
Market Average Movement6.0%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.0%

Stable Share Price: TPIC's share price has been volatile over the past 3 months.

Volatility Over Time: TPIC's weekly volatility has decreased from 20% to 14% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
196812,300Bill Siwekwww.tpicomposites.com

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. Fundamentals Summary

How do TPI Composites's earnings and revenue compare to its market cap?
TPIC fundamental statistics
Market capUS$113.45m
Earnings (TTM)-US$172.29m
Revenue (TTM)US$1.46b

0.1x

P/S Ratio

-0.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPIC income statement (TTM)
RevenueUS$1.46b
Cost of RevenueUS$1.52b
Gross Profit-US$65.79m
Other ExpensesUS$106.50m
Earnings-US$172.29m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

May 02, 2024

Earnings per share (EPS)-3.63
Gross Margin-4.52%
Net Profit Margin-11.84%
Debt/Equity Ratio-395.2%

How did TPIC perform over the long term?

See historical performance and comparison
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