24-May-2024
UAE to reach oil capacity target a year early in potential source of OPEC tension
Seeking Alpha News (Fri, 24-May 6:20 PM ET)
NextEra Partners 'not a primary beneficiary of rising power demand,' JPM says in cut
Seeking Alpha News (Thu, 23-May 2:23 PM ET)
TPI Composites Manufactures All-Composite Cab for the Next-Generation Kenworth SuperTruck 2
Globe Newswire (Wed, 22-May 4:04 PM ET)
Solar shares surge as China plans measures against price war
Seeking Alpha News (Wed, 22-May 2:30 PM ET)
Solar shares surge as China pledges measures against price war
Seeking Alpha News (Wed, 22-May 2:30 PM ET)
Globe Newswire (Tue, 7-May 4:02 PM ET)
Globe Newswire (Thu, 2-May 4:05 PM ET)
Tyrone Michael Jordan Appointed to FuelCell Energy's Board of Directors
Globe Newswire (Mon, 29-Apr 5:01 PM ET)
TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
Globe Newswire (Thu, 11-Apr 4:05 PM ET)
Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.
Globe Newswire (Tue, 9-Apr 4:05 PM ET)
TPI Composites Inc is engaged in manufacturing composite wind blades. The company operates in wind energy and transportation industries where it manufactures structures for a bus, rail, theme parks, and trucks. Geographically the segments are divided into the U.S, Asia, Mexico, EMEA and India where the Mexico segment derives a majority of revenue.
Tpi Composites trades on the NASDAQ stock market under the symbol TPIC.
As of May 24, 2024, TPIC stock price climbed to $4.74 with 1,038,077 million shares trading.
TPIC has a beta of 2.46, meaning it tends to be more sensitive to market movements. TPIC has a correlation of 0.07 to the broad based SPY ETF.
TPIC has a market cap of $225.00 million. This is considered a Small Cap stock.
Last quarter Tpi Composites reported $299 million in Revenue and -$1.30 earnings per share. This beat revenue expectation by $3 million and missed earnings estimates by -$.56.
In the last 3 years, TPIC stock traded as high as $51.79 and as low as $1.63.
The top ETF exchange traded funds that TPIC belongs to (by Net Assets): VTI, IWM, FNDA, PBW, PRFZ.
TPIC stock has underperformed the market in the last year with a return of -58.6%, while SPY returned +30.4%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TPIC shares. However, TPIC has outperformed the market in the last 3 month and 2 week periods, returning +58.5% and +28.1%, while SPY returned +4.6% and +1.7%, respectively. This indicates TPIC has been having a stronger performance recently.
TPIC support price is $3.93 and resistance is $4.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TPIC stock will trade within this expected range on the day.