After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for TPI Composites Inc. (TPIC) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.07, or 0.53%, to $13.38. The TPI Composites Inc. has recorded 13,697 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted TPI Collaborates with WindSTAR to Leverage Machine Learning and Create a Digital Twin of the Wind Blade Manufacturing Process.
TPIC belongs to the Industrials sector of the NASDAQ while operating in the Specialty Industrial Machinery industry. At the end of the last regular session, the stock closed at $13.31 and fluctuated between $13.55 as its day high and $12.95 as its day low. The current market capitalization of TPI Composites Inc. is $546.11M. A total of 0.54 million shares were traded on the day, compared to an average of 723.22K shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, TPIC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 22 BUYs and 20 SELLs from insiders. Insiders purchased 9,403,511 shares during that period but sold 8,084,322.
In the most recent transaction, BAM Partners Trust sold 3,963,416 shares of TPIC for 18.85 per share on Sep 08. After the transaction, the 10% Owner now owns 12,263 company shares. In a previous transaction on Sep 08, Opps TPIC Holdings, LLC sold 3,963,416 shares at 18.85 per share. TPIC shares that 10% Owner owns now total 12,263.
Among the insiders who sold shares, BAM Partners Trust disposed of 2,512 shares on Aug 31 at a per-share price of $18.59. This resulted in the 10% Owner holding 81,623 shares of TPIC after the transaction. In another insider transaction, Opps TPIC Holdings, LLC sold 2,512 shares at $18.59 per share on Aug 31. Company shares held by the 10% Owner now total 81,623.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for TPIC in the last 3 months, the mean price target is $15.85 with high estimates of $24.00 and low estimates of $9.00. In terms of 52-week highs and lows, TPIC has a high of $25.05 and a low of $8.46.
As of this writing, TPIC has an earnings estimate of -$0.28 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $0.06 per share and a lower estimate of -$0.41. The company reported an EPS of -$0.71 in the last quarter, which was 18.40% higher than expectations of -$0.87.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 13 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TPIC is Hold with a score of 3.80. A total of 6 analysts rated the stock as Buy while 1 rated it as Overweight while 5 rated it as Hold. Among the other participants, 1 thought the stock was Underweight and 0 thought it should be Sold.