In the last trading session, 1.15 million TPI Composites Inc (NASDAQ:TPIC) shares changed hands as the company’s beta touched 2.09. With the company’s per share price at $1.16 changed hands at $0.01 or 0.87% during last session, the market valuation stood at $56.44M. TPIC’s last price was a discount, traded about -395.69% off its 52-week high of $5.75. The share price had its 52-week low at $0.64, which suggests the last value was 44.83% up since then.
Analysts gave the TPI Composites Inc (TPIC) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.75. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended TPIC as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
TPI Composites Inc (NASDAQ:TPIC) trade information
Instantly TPIC was in green as seen at the end of in last trading. With action 11.54%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -38.62%, with the 5-day performance at 11.54% in the green. However, in the 30-day time frame, TPI Composites Inc (NASDAQ:TPIC) is 55.64% up.
The consensus price target for the stock as assigned by Wall Street analysts is 28.5, meaning bulls need an upside of 95.93% from its current market value. According to analyst projections, TPIC’s forecast low is 5 with 42 as the target high. To hit the forecast high, the stock’s price needs a -3520.69% plunge from its current level, while the stock would need to soar -331.03% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -62.47%. The 2025 estimates are for TPI Composites Inc earnings to increase by 60.83%.
TPIC Dividends
TPI Composites Inc is expected to release its next quarterly earnings report in June.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.7505% or 3.21 million shares worth $12.79 million as of 2024-06-30.
