Market Momentum Report: TPI Composites Inc (TPIC)’s Negative Close at 0.92

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The price of TPI Composites Inc (NASDAQ: TPIC) closed at $0.92 in the last session, down -5.64% from day before closing price of $0.98. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 0.57 million shares were traded. TPIC stock price reached its highest trading level at $1.005 during the session, while it also had its lowest trading level at $0.92.

Ratios:

We take a closer look at TPIC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.88.

Morgan Stanley Downgraded its Equal-Weight to Underweight on November 15, 2024, whereas the target price for the stock was revised from $4 to $2.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 24 ’25 when Dere Construction Taahhut A.S. bought 80,000 shares for $1.52 per share. The transaction valued at 121,600 led to the insider holds 4,397,232 shares of the business.

Dere Construction Taahhut A.S. bought 66,000 shares of TPIC for $95,040 on Feb 20 ’25. The 10% Owner now owns 4,295,232 shares after completing the transaction at $1.44 per share. On Feb 04 ’25, another insider, Dere Construction Taahhut A.S., who serves as the 10% Owner of the company, bought 49,000 shares for $1.59 each. As a result, the insider paid 77,910 and bolstered with 4,229,232 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPIC now has a Market Capitalization of 44889356 and an Enterprise Value of 606158976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03. Its current Enterprise Value per Revenue stands at 0.441 whereas that against EBITDA is -16.906.

Stock Price History:

The Beta on a monthly basis for TPIC is 1.99, which has changed by -0.76982546 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, TPIC has reached a high of $5.26, while it has fallen to a 52-week low of $0.64. The 50-Day Moving Average of the stock is -15.11%, while the 200-Day Moving Average is calculated to be -49.77%.

Shares Statistics:

According to the various share statistics, TPIC traded on average about 609.44K shares per day over the past 3-months and 1161950 shares per day over the past 10 days. A total of 48.65M shares are outstanding, with a floating share count of 33.86M. Insiders hold about 30.39% of the company’s shares, while institutions hold 53.85% stake in the company. Shares short for TPIC as of 1749772800 were 6911926 with a Short Ratio of 11.34, compared to 1747267200 on 7135417. Therefore, it implies a Short% of Shares Outstanding of 6911926 and a Short% of Float of 19.530001.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The stock of TPI Composites Inc (TPIC) is currently drawing attention from 5.0 analysts actively involved in the ongoing evaluation and rating process.The consensus estimate for the next quarter is -$0.3, with high estimates of -$0.06 and low estimates of -$0.59.

Analysts are recommending an EPS of between -$1.58 and -$2.87 for the fiscal current year, implying an average EPS of -$2.22. EPS for the following year is -$0.92, with 5.0 analysts recommending between -$0.06 and -$2.47.

Revenue Estimates

According to 6 analysts, the current quarter’s revenue is expected to be $366.72M. It ranges from a high estimate of $377.03M to a low estimate of $343.36M. As of the current estimate, TPI Composites Inc’s year-ago sales were $309.82MFor the next quarter, 6 analysts are estimating revenue of $387.73M. There is a high estimate of $423.05M for the next quarter, whereas the lowest estimate is $375.2M.

A total of 8 analysts have provided revenue estimates for TPIC’s current fiscal year. The highest revenue estimate was $1.59B, while the lowest revenue estimate was $1.41B, resulting in an average revenue estimate of $1.46B. In the same quarter a year ago, actual revenue was $1.33BBased on 8 analysts’ estimates, the company’s revenue will be $1.57B in the next fiscal year. The high estimate is $1.88B and the low estimate is $1.4B.

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