TPIC stock icon

TPI Composites
TPIC

$4.81
4.37%

Market Cap: 228M

 

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

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 4 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

9% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 43

4% less funds holding

Funds holding: 148 [Q4 2023] → 142 (-6) [Q1 2024]

5.06% less ownership

Funds ownership: 72.51% [Q4 2023] → 67.44% (-5.06%) [Q1 2024]

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

27% less capital invested

Capital invested by funds: $128M [Q4 2023] → $93.1M (-$34.7M) [Q1 2024]

67% less call options, than puts

Call options by funds: $1.19M | Put options by funds: $3.65M

Research analyst outlook

4 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$3
38%
downside
Avg. target
$5.44
13%
upside
High target
$9
87%
upside

4 analyst ratings

positive
50%
neutral
50%
negative
0%
B of A Securities
Julien Dumoulin-Smith
25%upside
$6
Buy
Maintained
17 Jul 2024
JP Morgan
Mark Strouse
87%upside
$9
Overweight
Maintained
16 Jul 2024
Roth MKM
Philip Shen
22%downside
$3.75
Neutral
Maintained
6 May 2024
Piper Sandler
Kashy Harrison
38%downside
$3
Neutral
Reiterated
23 Feb 2024

Financial journalist opinion