The stock has a 36-month beta value of 2.02. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 0 as “overweight,” 7 as “hold,” and 1 as “sell.”
The public float for TPIC is 41.05M, and at present, short sellers hold a 19.05% of that float. On February 21, 2025, the average trading volume of TPIC was 1.82M shares.
TPIC) stock’s latest price update
TPI Composites Inc (NASDAQ: TPIC)’s stock price has increased by 2.82 compared to its previous closing price of 1.42. However, the company has seen a 18.70% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-20 that TPI Composites, Inc. (NASDAQ:TPIC ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Jason Wegmann – VP, IR & ESG Bill Siwek – President, CEO & Director Ryan Miller – CFO Conference Call Participants Mark Strouse – JPMorgan Andrew Percoco – Morgan Stanley Eric Stine – Craig-Hallum Jeff Osborne – TD Cowen Justin Clare – ROTH Capital Partners Operator Good afternoon, and welcome to the TPI Composites’ Fourth Quarter and Full Year 2024 Earnings Conference Call. At this time, I’d like to turn the conference over to Jason Wegmann, Investor Relations for TPI Composites.
TPIC’s Market Performance
TPI Composites Inc (TPIC) has seen a 18.70% rise in stock performance for the week, with a 0.00% decline in the past month and a -32.72% plunge in the past quarter. The volatility ratio for the week is 10.17%, and the volatility levels for the past 30 days are at 10.04% for TPIC. The simple moving average for the last 20 days is -1.05% for TPIC stock, with a simple moving average of -56.11% for the last 200 days.
Analysts’ Opinion of TPIC
Morgan Stanley, on the other hand, stated in their research note that they expect to see TPIC reach a price target of $2, previously predicting the price at $4. The rating they have provided for TPIC stocks is “Underweight” according to the report published on November 15th, 2024.
Jefferies gave a rating of “Hold” to TPIC, setting the target price at $5 in the report published on October 17th of the previous year.
TPIC Trading at -5.92% from the 50-Day Moving Average
After a stumble in the market that brought TPIC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -74.61% of loss for the given period.
Volatility was left at 10.04%, however, over the last 30 days, the volatility rate increased by 10.17%, as shares sank -7.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.78% lower at present.
During the last 5 trading sessions, TPIC rose by +18.70%, which changed the moving average for the period of 200-days by -59.89% in comparison to the 20-day moving average, which settled at $1.4755. In addition, TPI Composites Inc saw -22.75% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TPIC starting from Dere Construction Taahhut A.S., who purchase 2,935,217 shares at the price of $1.92 back on Dec 23 ’24. After this action, Dere Construction Taahhut A.S. now owns 7,151,987 shares of TPI Composites Inc, valued at $5,637,511 using the latest closing price.
Dere Construction Taahhut A.S., the 10% Owner of TPI Composites Inc, purchase 856,117 shares at $1.96 during a trade that took place back on Dec 25 ’24, which means that Dere Construction Taahhut A.S. is holding 7,592,209 shares at $1,680,852 based on the most recent closing price.
Stock Fundamentals for TPIC
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- -0.04 for the gross margin
The net margin for TPI Composites Inc stands at -0.18. The total capital return value is set at -0.48. Equity return is now at value -352.92, with -27.52 for asset returns.
Based on TPI Composites Inc (TPIC), the company’s capital structure generated -2.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at -0.69. The interest coverage ratio of the stock is -2.39.
Currently, EBITDA for the company is -108.72 million with net debt to EBITDA at -0.71. When we switch over and look at the enterprise to sales, we see a ratio of 0.1. The receivables turnover for the company is 10.23for trailing twelve months and the total asset turnover is 1.93. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.95.
Conclusion
To sum up, TPI Composites Inc (TPIC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
