TPI CompositesTPIC
About: 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.
Employees: 12,300
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
26% more capital invested
Capital invested by funds: $97.3M [Q1] → $122M (+$25.1M) [Q2]
4% less funds holding
Funds holding: 144 [Q1] → 138 (-6) [Q2]
5.66% less ownership
Funds ownership: 70.47% [Q1] → 64.81% (-5.66%) [Q2]
19% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 31
49% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 49
82% less call options, than puts
Call options by funds: $818K | Put options by funds: $4.66M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Jefferies Julien Dumoulin-Smith 68% 1-year accuracy 41 / 60 met price target | 33%upside $5 | Hold Initiated | 17 Oct 2024 |
Piper Sandler Kashy Harrison 57% 1-year accuracy 21 / 37 met price target | 2%downside $3.70 | Neutral Maintained | 12 Aug 2024 |
Piper Sandler Kashy Harrison 57% 1-year accuracy 21 / 37 met price target | 7%downside $3.50 | Neutral Maintained | 22 Jul 2024 |
