TPI Composites: Turnaround Is In Sight (Rating Upgrade) [Seeking Alpha]
TPI Composites, Inc. (TPIC)
Last tpi composites, inc. earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
tpicomposites.com/english/investors/default.aspx
Company Research
Source: Seeking Alpha
But the company is poised for a turnaround in 2024 and 2025, considering its guidance and management commentary. I raise my rating for TPI Composites to a Buy, taking into account its FY 2024-2025 financial prospects, and the stock's valuations as compared to history and peers. Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More » Elevator Pitch TPI Composites, Inc. NASDAQ: TPIC ) shares are rated as a Buy. Earlier, I assessed TPI Composites' prospects for the short term and the long run in my November 22, 2023, update . The focus of this latest write-up is TPIC's recent quarterly results and the company's guidance for the current year. TPI Composites' top line and EBITDA for Q4 2023 didn't meet expectations, but TPIC is anticipating a significant turnaround in the future. The company sees its revenue decline narrowing in 2024 and expects to generate positive EBITDA this year. TPIC also thinks that it can improve it
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TPIC
News
- TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference CallGlobeNewswire
- Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc. [Yahoo! Finance]Yahoo! Finance
- Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.GlobeNewswire
- Wind Turbine Rotor Blades Global Industry Research 2024: Market to Surpass $50 Billion by 2030 - Innovative & Smart Wind Turbine Blades Emerge Into the Spotlight [Yahoo! Finance]Yahoo! Finance
- TPI Composites, Inc. (NASDAQ:TPIC) is a favorite amongst institutional investors who own 69% [Yahoo! Finance]Yahoo! Finance
TPIC
Earnings
- 2/22/24 - Beat
TPIC
Sec Filings
- 4/22/24 - Form ARS
- 4/22/24 - Form DEF
- 4/12/24 - Form PRE
- TPIC's page on the SEC website