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TPIC

TPIC - TPI Composites Inc Stock Price, Fair Value and News

4.24USD-0.35 (-7.63%)Delayed as of 24 Jun 2024, 02:06 pm ET

Market Summary

TPIC
USD4.24-0.35
Delayedas of 24 Jun 2024, 02:06 pm
-7.63%

TPIC Stock Price

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TPIC RSI Chart

TPIC Valuation

Market Cap

217.9M

Price/Earnings (Trailing)

-0.9

Price/Sales (Trailing)

0.16

EV/EBITDA

-3.39

Price/Free Cashflow

-2.82

TPIC Price/Sales (Trailing)

TPIC Profitability

Operating Margin

-8.92%

EBT Margin

-16.75%

Return on Equity

131%

Return on Assets

-32.33%

Free Cashflow Yield

-35.46%

TPIC Fundamentals

TPIC Revenue

Revenue (TTM)

1.4B

Rev. Growth (Yr)

-25.99%

Rev. Growth (Qtr)

0.7%

TPIC Earnings

Earnings (TTM)

-241.1M

Earnings Growth (Yr)

-177.8%

Earnings Growth (Qtr)

-6.72%

Breaking Down TPIC Revenue

52 Week Range

4.66
(Low)(High)

Last 7 days

2.9%

Last 30 days

2.7%

Last 90 days

69.7%

Trailing 12 Months

-54.1%

How does TPIC drawdown profile look like?

TPIC Financial Health

Current Ratio

1.19

Debt/Equity

-2.34

Debt/Cashflow

-0.08

TPIC Investor Care

Shares Dilution (1Y)

11.74%

Diluted EPS (TTM)

-4.58

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20241.4B000
20231.6B1.6B1.6B1.5B
20221.4B1.3B1.2B1.5B
20211.7B1.8B1.8B1.5B
20201.5B1.5B1.6B1.7B
20191.1B1.2B1.3B1.4B
20181.0B991.6M993.1M1.0B
2017787.4M832.7M887.3M955.2M
2016666.4M710.9M748.2M754.9M
2015387.0M453.3M519.6M585.9M
2014000320.7M
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Tracking the Latest Insider Buys and Sells of TPI Composites Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
May 24, 2024
holloway bavan
acquired
-
-
10,044
-
May 24, 2024
giovacchini paul g
acquired
-
-
10,044
-
May 24, 2024
hughes james alton
acquired
-
-
10,044
-
May 24, 2024
hudson linda p
acquired
-
-
10,044
-
May 24, 2024
desai jayshree s
acquired
-
-
10,044
-
May 24, 2024
lockard steven c
acquired
-
-
10,044
-
May 24, 2024
jordan tyrone michael
acquired
-
-
10,044
-
May 24, 2024
deutch philip j
acquired
-
-
10,044
-
May 23, 2024
miller ryan d.
acquired
-
-
6,678
chief financial officer
May 23, 2024
miller ryan d.
sold (taxes)
-19,571
11.12
-1,760
chief financial officer

1–10 of 50

Which funds bought or sold TPIC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 21, 2024
Cape Investment Advisory, Inc.
unchanged
-
-75.00
178
-%
Jun 11, 2024
EverSource Wealth Advisors, LLC
new
-
601
601
-%
Jun 04, 2024
DekaBank Deutsche Girozentrale
reduced
-40.77
-31,000
20,000
-%
May 24, 2024
Cetera Investment Advisers
new
-
39,919
39,919
-%
May 23, 2024
Wellington Shields & Co., LLC
added
95.46
65,303
162,630
0.03%
May 22, 2024
Cedar Point Capital Partners, LLC
unchanged
-
-12,300
29,100
0.02%
May 21, 2024
LRI Investments, LLC
new
-
863,289
863,289
0.22%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-38.92
-16,099
12,111
-%
May 16, 2024
Tidal Investments LLC
added
68.98
64,413
407,429
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-70.79
-1,077,280
278,304
-%

1–10 of 37

Are Funds Buying or Selling TPIC?

Are funds buying TPIC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TPIC
No. of Funds

Unveiling TPI Composites Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 28, 2024
shaver james o.
5.1%
2,400,000
SC 13G
Feb 14, 2024
point72 asset management, l.p.
7.0%
3,240,430
SC 13G/A
Feb 13, 2024
vanguard group inc
5.20%
2,214,541
SC 13G
Jan 29, 2024
blackrock inc.
6.3%
2,948,043
SC 13G/A
Dec 22, 2023
oaktree capital group, llc
6.01%
2,794,890
SC 13D
Oct 05, 2023
point72 asset management, l.p.
4.8%
2,063,800
SC 13G
Jan 23, 2023
blackrock inc.
10.1%
4,243,479
SC 13G/A
Sep 12, 2022
oaktree holdings, llc
1.1%
425,699
SC 13D/A
Feb 07, 2022
blackrock inc.
10.5%
3,881,844
SC 13G/A
Jan 31, 2022
bnp paribas asset management uk ltd
6.74%
2,514,361
SC 13G

Recent SEC filings of TPI Composites Inc

View All Filings
Date Filed Form Type Document
Jun 17, 2024
8-K
Current Report
Jun 04, 2024
8-K
Current Report
May 31, 2024
3
Insider Trading
May 31, 2024
4
Insider Trading
May 31, 2024
SD
SD
May 28, 2024
SC 13G
Major Ownership Report
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading
May 24, 2024
4
Insider Trading

Peers (Alternatives to TPI Composites Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
179.7B
69.5B
2.10% 56.64%
51.19
2.59
16.04% -60.91%
161.9B
67.0B
-7.90% 38.12%
14.4
2.42
8.59% 58.17%
39.1B
34.0B
-3.51% 19.92%
18.98
1.15
12.85% -19.64%
39.1B
6.7B
-3.09% 8.15%
29.63
5.8
7.11% 10.53%
12.2B
15.3B
0.63% 4.98%
-886.91
0.8
13.36% -103.70%
MID-CAP
10.5B
6.9B
6.04% 48.91%
61
1.52
3.19% 62.26%
7.7B
15.5B
10.45% 58.15%
25.31
0.5
7.53% 3145.00%
6.3B
4.4B
-4.26% 32.73%
26.89
1.42
17.31% 1.26%
4.1B
2.4B
-1.71% 13.31%
28.55
1.73
4.48% -49.27%
2.1B
1.7B
-9.70% -4.38%
15.63
1.24
8.96% 15.52%
SMALL-CAP
1.7B
1.4B
1.08% -31.47%
28.62
1.19
-13.54% -25.70%
1.0B
627.3M
11.17% 88.27%
26.42
1.61
36.84% 37.55%
903.8M
145.6M
54.68% 308.70%
-43.78
6.21
37.42% 67.34%
474.8M
35.8M
-33.96% -74.64%
-0.5
13.25
-27.93% -18.06%
192.5M
100.1M
-18.39% 261.78%
-23.6
1.92
2.80% 39.07%

TPI Composites Inc News

Latest updates
Yahoo Finance18 Jun 202403:25 pm
Seeking Alpha02 May 202407:00 am

TPI Composites Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue0.7%299,062,000296,986,000372,860,000381,271,000404,066,000402,276,000384,438,000392,502,000343,525,000129,266,000479,599,000458,841,000404,680,000465,571,000474,113,000373,817,000356,636,000422,113,000383,836,000330,771,000299,780,000
Cost Of Revenue0.2%329,313,000328,690,000384,036,000428,644,000401,361,000386,311,000385,550,000393,737,000342,498,000175,333,000486,729,000450,515,000397,410,000-13,433,000433,640,000378,564,000360,509,000391,311,000357,905,000308,220,000301,216,000
Gross Profit4.6%-30,251,000-31,704,000-11,176,000-47,373,0002,705,00015,965,000-1,112,000-1,235,0001,027,000-46,067,000-7,130,0008,326,0007,270,00032,246,00040,473,000-4,747,000-3,873,00030,802,00025,931,00022,551,000-1,436,000
  S&GA Expenses1.1%6,699,0006,623,00028,709,0006,767,0007,034,0009,771,0008,030,0006,688,0007,860,0005,427,0008,185,0006,712,0008,922,0007,850,0009,263,0006,887,0009,496,00012,115,00010,608,0009,208,0007,985,000
EBITDA Margin-32.4%-0.12-0.09-0.05-0.020.010.02-0.03-0.04-0.04-0.04-0.020.00---------
Interest Expenses251.8%21,385,0006,078,0001,628,0001,878,0002,528,0002,157,0001,210,000955,000707,0005,587,0002,662,0002,691,0002,704,0002,968,0003,093,0002,545,0001,771,0001,619,0002,130,0002,274,0001,999,000
Income Taxes-38.6%3,289,0005,357,0008,040,000305,0003,860,00017,891,0002,900,0005,900,0002,944,000-7,270,0008,200,00028,890,0007,102,0005,472,000-32,300,00049,312,000-15,028,0008,402,00018,838,000475,000-4,600,000
Earnings Before Taxes-8.3%-58,508,000-54,012,000-48,723,000-64,870,000-11,286,000-8,718,000-3,934,000-4,837,000-8,448,000-83,833,000-22,429,000-10,907,000-8,899,000-55,718,00010,044,000-16,789,000-15,520,0007,541,00014,267,0002,303,000-16,704,000
EBT Margin-36.2%-0.17-0.12-0.09-0.06-0.02-0.02-0.08-0.09-0.09-0.09-0.05-0.04---------
Net Income-6.7%-61,468,000-57,600,000-56,815,000-65,237,000-22,127,000-42,528,000-1,467,000-5,510,000-15,800,000-87,277,000-30,677,000-39,797,000-1,797,0005,184,00042,382,000-66,101,000-492,000-861,000-4,571,0001,828,000-12,104,000
Net Income Margin-28.8%-0.18-0.14-0.12-0.08-0.05-0.04-0.09-0.10-0.12-0.11-0.040.00---------
Free Cashflow-208.0%-47,289,000-15,355,000-20,806,0006,188,000-87,136,00015,483,000-29,416,00019,399,000-86,570,000-4,265,000-28,065,000-18,268,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-7.2%7468048559459939629509829961,008963941954956986895915827821788782
  Current Assets-11.7%444503562643686645607620615660599558537548565499478468468429430
    Cash Equivalents-27.4%11716116117016413487.0014312021611912313682.0014997.0010961.0092.0059.0078.00
  Inventory45.2%14.009.006.007.0015.0011.0015.0014.0018.0010.0011.0013.0012.0011.0015.0012.0010.007.0012.0010.006.00
  Net PPE-1.9%126129128130131137157167179143192206212209210211218205194181172
  Goodwill-100.0%-3.00---3.00---3.00---3.00---3.00---
Liabilities0.4%930926647683671602561587590635832780759755804766724622615576569
  Current Liabilities-3.3%374386385417401457411431425469663439420406427374367374373336324
  Long Term Debt3.9%4314151291291291.001.002.006.008.0011.00180181184202213187128123115118
Shareholder's Equity-50.5%-184-122---3.2250.0094.00116141122131161195201181129191205206212213
  Retained Earnings-11.5%-597-536-478-421-356-334-292-290-285-269-181-151-111-109-114-157-91.18-90.69-89.83-85.26-87.08
  Additional Paid-In Capital0.6%434431351365377408419430441451362360353349338329327323321319317
Shares Outstanding2.1%47.0046.0043.0043.0042.0042.0042.0042.0042.0037.0037.0037.00---------
Float----435---456---1,800---708---740-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-890.2%-39,0044,936-11,6549,607-83,86122,823-25,93421,893-81,0542,716-24,986-9,9956,7403,70560,870-29,5732,568-5,65164,25310,573-12,091
  Share Based Compensation322.3%2,5896132,5284,0622,6684,4383,5843,6103,3091,1401,9432,9252,3992,4052,6312,3742,9421,0771,6821,937985
Cashflow From Investing59.2%-8,285-20,2913,684-3,419-3,275-7,340-3,482-2,494-5,516-6,981-3,079-8,273-18,786-12,238-11,398-15,047-26,983-15,316-22,455-19,030-18,709
Cashflow From Financing-70.1%3,88012,965920363107,746-1,732-13910,553-23,279150,63924,5785,23118,471-13,8155,17232,17365,082-1,388-8,088-10,62921,075
  Buy Backs-1,641--34.002,549571-45.00343459--34.001,683-49.00459-1,561-559
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TPIC Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 299,062$ 404,066
Cost of sales307,084399,381
Startup and transition costs22,2291,980
Total cost of goods sold329,313401,361
Gross profit (loss)(30,251)2,705
General and administrative expenses6,6997,034
Loss on sale of assets and asset impairments1,830(3,593)
Restructuring charges, net18275
Loss from continuing operations(38,962)(7,997)
Other income (expense):  
Interest expense, net(21,385)(2,528)
Foreign currency loss(640)(1,214)
Miscellaneous income2,479453
Total other expense(19,546)(3,289)
Loss from continuing operations before income taxes(58,508)(11,286)
Income tax provision(3,289)(3,860)
Net loss from continuing operations(61,797)(15,146)
Preferred stock dividends and accretion0(15,173)
Net loss from continuing operations attributable to common stockholders(61,797)(30,319)
Net income (loss) from discontinued operations329(6,981)
Net loss attributable to common stockholders$ (61,468)$ (37,300)
Weighted-average shares of common stock outstanding:  
Basic47,20442,284
Diluted47,20442,284
Loss from continuing operations per common share:  
Basic$ (1.31)$ (0.72)
Diluted(1.31)(0.72)
Income (loss) from discontinued operations per common share:  
Basic0.01(0.16)
Diluted0.01(0.16)
Net loss per common share:  
Basic(1.3)(0.88)
Diluted$ (1.3)$ (0.88)

TPIC Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 116,850$ 161,059
Restricted cash12,03510,838
Accounts receivable125,870138,029
Contract assets93,149112,237
Prepaid expenses18,53617,621
Other current assets41,00334,564
Inventories13,6799,420
Assets held for sale22,25317,787
Current assets of discontinued operations1,0361,520
Total current assets444,411503,075
Property, plant and equipment, net126,379128,808
Operating lease right of use assets135,858136,124
Other noncurrent assets39,20536,073
Total assets745,853804,080
Current liabilities:  
Accounts payable and accrued expenses220,300227,723
Accrued warranty37,50037,483
Current maturities of long-term debt78,57670,465
Current operating lease liabilities22,37322,017
Contract liabilities10,23424,021
Liabilities held for sale2,8341,897
Current liabilities of discontinued operations1,9502,815
Total current liabilities373,767386,421
Long-term debt, net of current maturities431,038414,728
Noncurrent operating lease liabilities116,755117,133
Other noncurrent liabilities8,3608,102
Total liabilities929,920926,384
Commitments and contingencies (Note 12)
Stockholders' deficit:  
Common shares, $0.01 par value, 100,000 shares authorized, 48,514 shares issued and 47,469 shares outstanding at March 31,2024 and 100,000 shares authorized, 46,990 shares issued and 46,471 shares outstanding at December 31, 2023485470
Paid-in capital433,924431,335
Accumulated other comprehensive loss(8,885)(7,627)
Accumulated deficit(597,816)(536,348)
Treasury stock, at cost, 1,045 shares at March 31, 2024 and 519 shares at December 31, 2023(11,775)(10,134)
Total stockholders' deficit(184,067)(122,304)
Total liabilities and stockholders' deficit$ 745,853$ 804,080
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 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. It operates in the United States, 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 Composites, Inc. was founded in 1968 and is headquartered in Scottsdale, Arizona.
 CEO
 WEBSITEtpicomposites.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES13500

TPI Composites Inc Frequently Asked Questions


What is the ticker symbol for TPI Composites Inc? What does TPIC stand for in stocks?

TPIC is the stock ticker symbol of TPI Composites Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of TPI Composites Inc (TPIC)?

As of Fri Jun 21 2024, market cap of TPI Composites Inc is 217.88 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of TPIC stock?

You can check TPIC's fair value in chart for subscribers.

What is the fair value of TPIC stock?

You can check TPIC's fair value in chart for subscribers. The fair value of TPI Composites Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of TPI Composites Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for TPIC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is TPI Composites Inc a good stock to buy?

The fair value guage provides a quick view whether TPIC is over valued or under valued. Whether TPI Composites Inc is cheap or expensive depends on the assumptions which impact TPI Composites Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for TPIC.

What is TPI Composites Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 21 2024, TPIC's PE ratio (Price to Earnings) is -0.9 and Price to Sales (PS) ratio is 0.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. TPIC PE ratio will change depending on the future growth rate expectations of investors.