TPI Composites Inc [TPIC] stock is trading at $1.02, down -0.97%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TPIC shares have gain 4.07% over the last week, with a monthly amount drifted -32.45%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
TPI Composites Inc [NASDAQ: TPIC] stock has seen the most recent analyst activity on December 12, 2024, when JP Morgan downgraded its rating to a Neutral. Previously, Morgan Stanley downgraded its rating to Underweight on November 15, 2024, and dropped its price target to $2. On October 17, 2024, Jefferies initiated with a Hold rating and assigned a price target of $5 on the stock. Raymond James downgraded its rating to a Mkt Perform. ROTH MKM downgraded its rating to a Neutral and reduced its price target to $10 on July 27, 2023. Johnson Rice downgraded its rating to Hold for this stock on July 27, 2023, but kept the price target unchanged to $10. In a note dated July 27, 2023, Craig Hallum downgraded an Hold rating on this stock and revised its target price from $15 to $11.
TPI Composites Inc [TPIC] stock has fluctuated between $0.98 and $5.75 over the past year. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. TPI Composites Inc [NASDAQ: TPIC] shares were valued at $1.02 at the most recent close of the market. An investor can expect a potential return of 390.2% based on the average TPIC price forecast.
Analyzing the TPIC fundamentals
TPI Composites Inc [NASDAQ:TPIC] reported sales of 1.34B for the trailing twelve months, which represents a growth of 16.67%. Gross Profit Margin for this corporation currently stands at -0.04% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.15%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.35, Equity is 0.83 and Total Capital is -0.48. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.9767 points at the first support level, and at 0.9333 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.0817, and for the 2nd resistance point, it is at 1.1433.
Ratios To Look Out For
For context, TPI Composites Inc’s Current Ratio is 0.94. As well, the Quick Ratio is 0.93, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 0.04.
Transactions by insiders
Recent insider trading involved Dere Construction Taahhut A.S., 10% Owner, that happened on Feb 24 ’25 when 80000.0 shares were purchased. 10% Owner, Dere Construction Taahhut A.S. completed a deal on Feb 20 ’25 to buy 66000.0 shares. Meanwhile, 10% Owner Dere Construction Taahhut A.S. bought 49000.0 shares on Feb 04 ’25.
