TPI Composites Inc (NASDAQ: TPIC) is -44.97% lower on its value in year-to-date trading and has touched a low of $1.10 and a high of $5.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TPIC stock was last observed hovering at around $1.13 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $1.04, the stock is -24.42% and -32.06% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.25 million and changing -8.37% at the moment leaves the stock -68.10% off its SMA200. TPIC registered -65.90% loss for a year compared to 6-month loss of -75.18%.
The stock witnessed a -37.35% gain in the last 1 month and extending the period to 3 months gives it a -48.51%, and is -28.77% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 17.83% over the week and 11.00% over the month.
TPI Composites Inc (TPIC) has around 11700 employees, a market worth around $49.52M and $1.34B in sales. Profit margin for the company is -17.96%. Distance from 52-week low is -5.45% and -81.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-113.50%).
with sales reaching $310.5M over the same period.The EPS is expected to grow by 75.72% this year, but quarterly earnings will post 6.99% year-over-year. Quarterly sales are estimated to grow 3.83% in year-over-year returns.
The shares outstanding are 47.61M, and float is at 41.10M with Short Float at 19.77%.
The top institutional shareholder in the company is OAKTREE CAPITAL MANAGEMENT LP with over 4.6 million shares valued at $18.36 million. The investor’s holdings represent 9.6847 of the TPIC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.21 million shares valued at $12.79 million to account for 6.7934 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.52 million shares representing 5.348 and valued at over $10.07 million, while holds 3.8895 of the shares totaling 1.85 million with a market value of $7.99 million.
TPI Composites Inc (TPIC) Insider Activity
The most recent transaction is an insider purchase by Dere Construction Taahhut A.S., the company’s 10% Owner. SEC filings show that Dere Construction Taahhut A.S. bought 80,000 shares of the company’s common stock on Feb 24 ’25 at a price of $1.52 per share for a total of $0.12 million. Following the purchase, the insider now owns 4.4 million shares.
TPI Composites Inc disclosed in a document filed with the SEC on Feb 20 ’25 that Dere Construction Taahhut A.S. (10% Owner) bought a total of 66,000 shares of the company’s common stock. The trade occurred on Feb 20 ’25 and was made at $1.44 per share for $95040.0. Following the transaction, the insider now directly holds 4.3 million shares of the TPIC stock.
Still, SEC filings show that on Feb 04 ’25, Dere Construction Taahhut A.S. (10% Owner) acquired 49,000 shares at an average price of $1.59 for $77910.0. The insider now directly holds 4,229,232 shares of TPI Composites Inc (TPIC).
