TPI Composites, Inc. (TPIC): Price and Financial Metrics

TPI Composites, Inc. (TPIC): $2.98

0.14 (+4.93%)

POWR Rating

Component Grades

Momentum

F

Stability

D

Sentiment

Quality

C

Add TPIC to Watchlist
Sign Up

TPIC Price/Volume Stats

Current price $2.98 52-week high $13.68
Prev. close $2.84 52-week low $1.63
Day low $2.85 Volume 745,203
Day high $3.07 Avg. volume 1,200,052
50-day MA $2.85 Dividend yield N/A
200-day MA $4.31 Market Cap 140.78M

TPIC Stock Price Chart Interactive Chart >

TPIC POWR Grades

  • TPIC scores best on the Quality dimension, with a Quality rank ahead of 47.45% of US stocks.
  • TPIC's strongest trending metric is Momentum; it's been moving down over the last 26 weeks.
  • TPIC's current lowest rank is in the Momentum metric (where it is better than 2.62% of US stocks).

TPIC Stock Summary

  • TPI COMPOSITES INC's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than just 1.64% of US listed stocks.
  • With a price/sales ratio of 0.12, TPI COMPOSITES INC has a higher such ratio than merely 2.82% of stocks in our set.
  • Equity multiplier, or assets relative to shareholders' equity, comes in at -20.9 for TPI COMPOSITES INC; that's greater than it is for only 1.19% of US stocks.
  • Stocks that are quantitatively similar to TPIC, based on their financial statements, market capitalization, and price volatility, are RGS, RDW, EEX, DENN, and JOAN.
  • Visit TPIC's SEC page to see the company's official filings. To visit the company's web site, go to www.tpicomposites.com.

TPIC Valuation Summary

  • TPIC's EV/EBIT ratio is -1.3; this is 107.47% lower than that of the median Industrials stock.
  • Over the past 91 months, TPIC's price/sales ratio has gone down 0.7.

Below are key valuation metrics over time for TPIC.

Stock Date P/S P/B P/E EV/EBIT
TPIC 2023-12-29 0.1 -1.2 -0.7 -1.3
TPIC 2023-12-28 0.1 -1.3 -0.8 -1.3
TPIC 2023-12-27 0.1 -1.3 -0.8 -1.4
TPIC 2023-12-26 0.1 -1.2 -0.7 -1.3
TPIC 2023-12-22 0.1 -1.2 -0.7 -1.3
TPIC 2023-12-21 0.1 -1.0 -0.6 -1.2

TPIC Growth Metrics

    Its 3 year cash and equivalents growth rate is now at 75.58%.
  • Its 2 year revenue growth rate is now at 14.69%.
  • Its year over year revenue growth rate is now at -0.31%.
TPIC's revenue has moved up $249,472,000 over the prior 33 months.

The table below shows TPIC's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-09-30 1,685.972 -82.379 -159.752
2022-06-30 1,706.3 -81.431 -173.986
2022-03-31 1,712.773 -113.319 -193.723
2021-12-31 1,732.583 -25.525 -165.588
2021-09-30 1,808.691 -24.536 -67.087
2021-06-30 1,803.205 61.32 5.972

TPIC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • TPIC has a Quality Grade of D, ranking ahead of 21.35% of graded US stocks.
  • TPIC's asset turnover comes in at 1.88 -- ranking 2nd of 104 Machinery stocks.
  • VECO, SPXC, and LIQT are the stocks whose asset turnover ratios are most correlated with TPIC.

The table below shows TPIC's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-06-30 1.880 0.049 0.020
2021-03-31 1.813 0.044 0.012
2020-12-31 1.780 0.038 0.003
2020-09-30 1.796 0.039 -0.007
2020-06-30 1.777 0.031 -0.003
2020-03-31 1.783 0.050 0.024

TPIC Price Target

For more insight on analysts targets of TPIC, see our TPIC price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $46.63 Average Broker Recommendation 1.67 (Moderate Buy)

TPI Composites, Inc. (TPIC) Company Bio


TPI Composites manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers. The company was founded in 1968 and is based in Scottsdale, Arizona.


TPIC Latest News Stream


Event/Time News Detail
Loading, please wait...

TPIC Latest Social Stream


Loading social stream, please wait...

View Full TPIC Social Stream

Latest TPIC News From Around the Web

Below are the latest news stories about TPI COMPOSITES INC that investors may wish to consider to help them evaluate TPIC as an investment opportunity.

TPI and Nordex Extend and Expand Contract in Türkiye

SCOTTSDALE, Ariz., Dec. 19, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world, announced today that it has extended and expanded its supply agreements with Nordex in Türkiye. Under the terms of the amended agreements, TPI will add two lines of manufacturing capacity bringing the total capacity under contract in Türkiye with Nordex to eight lines serving domestic and export m

Yahoo | December 19, 2023

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” or “the Company”) announced today that it has entered into a binding agreement (the “Agreement”) with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to refinance Oaktree’s outstanding Series A Preferred Stock holdings in the Company. The refinancing closed concurrently with the e

Yahoo | December 14, 2023

3 Off-the-Beaten-Path Stocks Poised for Substantial Growth

As horror film fans know, there’s safety in numbers but robust profitability may be more closer to the domain of uncommon stocks to buy for growth.

Josh Enomoto on InvestorPlace | December 13, 2023

3 Wind Stocks to Buy for a Sustainable and Profitable Future

Green energy demands are predicted to accelerate.

Rick Orford on InvestorPlace | December 9, 2023

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 November 27, 2023. In his role, Chuck will lead TPI’s global wind manufacturing operations. Prior to joining TPI, Chuck served in multiple, global operational roles at Collins Aerospace, most recently as Vice President of Power & Controls Operations. Chuck started his career with Collins Aerospace

Yahoo | November 27, 2023

Read More 'TPIC' Stories Here

TPIC Price Returns

1-mo -4.18%
3-mo -28.02%
6-mo 12.45%
1-year -75.33%
3-year -93.89%
5-year -89.59%
YTD -28.02%
2023 -59.17%
2022 -32.22%
2021 -71.66%
2020 185.14%
2019 -24.69%

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!