TPI Composites (NASDAQ:TPIC – Get Free Report) is expected to release its earnings data after the market closes on Thursday, February 20th. Analysts expect TPI Composites to post earnings of ($0.15) per share and revenue of $364.83 million for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
TPI Composites Stock Performance
TPI Composites stock opened at $1.36 on Wednesday. TPI Composites has a 12 month low of $1.10 and a 12 month high of $5.75. The stock’s 50 day simple moving average is $1.57 and its two-hundred day simple moving average is $2.84.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Morgan Stanley reiterated an “underweight” rating and set a $2.00 target price (down previously from $4.00) on shares of TPI Composites in a research report on Friday, November 15th. Bank of America decreased their target price on TPI Composites from $7.00 to $4.00 and set a “buy” rating on the stock in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating on shares of TPI Composites in a research report on Thursday, December 12th. One analyst has rated the stock with a sell rating, four have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, TPI Composites has a consensus rating of “Hold” and a consensus target price of $4.58.
TPI Composites Company Profile
TPI Composites, Inc manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators.
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