TPI Composites (TPIC) Getting Somewhat Favorable Press Coverage, Analysis Shows
Headlines about TPI Composites (NASDAQ:TPIC) have trended somewhat positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. TPI Composites earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news stories about the industrial products company an impact score of 46.2069159830933 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
TPI Composites (NASDAQ TPIC) opened at $18.65 on Wednesday. The company has a market cap of $634.29 and a PE ratio of 16.23. The company has a quick ratio of 0.93, a current ratio of 1.32 and a debt-to-equity ratio of 0.59. TPI Composites has a fifty-two week low of $14.13 and a fifty-two week high of $26.00.
TPI Composites (NASDAQ:TPIC) last issued its quarterly earnings data on Wednesday, November 8th. The industrial products company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.36. The business had revenue of $243.35 million during the quarter, compared to analyst estimates of $252.42 million. TPI Composites had a net margin of 4.09% and a return on equity of 30.80%. The firm’s quarterly revenue was up 22.3% on a year-over-year basis. During the same quarter last year, the business earned $0.08 EPS. equities research analysts forecast that TPI Composites will post 1.3 EPS for the current fiscal year.
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TPI Composites Company Profile
TPI Composites, Inc manufactures composite wind blades. The Company operates through four segments. 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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