It Seems TPI Composites Inc (TPIC) Will Go Up. Have Another Big Increase

September 17, 2017 - By Stephen Andrade

The stock of TPI Composites Inc (NASDAQ:TPIC) is a huge mover today! The stock increased 3.49% or $0.71 on September 15, reaching $21.03. About 439,882 shares traded or 100.53% up from the average. TPI Composites Inc (NASDAQ:TPIC) has 0.00% since September 17, 2016 and is . It has underperformed by 16.70% the S&P500.
The move comes after 9 months positive chart setup for the $712.62 million company. It was reported on Sep, 17 by Barchart.com. We have $22.29 PT which if reached, will make NASDAQ:TPIC worth $42.76M more.

Investors wait TPI Composites Inc (NASDAQ:TPIC) to report on November, 8. its quarterly earnings Wall Street analysts expect $0.22 earnings per share, up $0.14 or 175.00 % from last year’s $0.08 same quarter earnings. This translates into $7.45 million profit for TPIC giving the stock a 23.90 P/E. This is assuming the current $0.22 EPS is accurate. TPI Composites Inc’s Wall Street analysts see -46.34 % negative EPS growth, taking into account the $0.41 EPS reproted in the previous quarter,

More notable recent TPI Composites Inc (NASDAQ:TPIC) news were published by: Globenewswire.com which released: “TPI Composites, Inc. Announces Fourth Quarter and Full Year 2016 Earnings Results” on March 16, 2017, also Globenewswire.com with their article: “TPI Composites, Inc. Announces Launch of Public Offering” published on May 08, 2017, Seekingalpha.com published: “TPI Composites’ (TPIC) CEO Steve Lockard on Q2 2017 Results – Earnings Call …” on August 09, 2017. More interesting news about TPI Composites Inc (NASDAQ:TPIC) were released by: Globenewswire.com and their article: “TPI Composites, Inc. Announces Pricing of Public Offering” published on May 08, 2017 as well as Marketwatch.com‘s news article titled: “21.03” with publication date: June 19, 2016.

TPI Composites, Inc. manufactures composite wind blades. The company has market cap of $712.62 million. The Firm operates through four divisions. It has a 39.79 P/E ratio. The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades in its Warren, Rhode Island facility, and the manufacturing of composite solutions for the transportation industry, which it also conducts in its Rhode Island and Massachusetts facilities.

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