After Hours
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. Most recently, Yahoo Finance reported about the stock as it publicized that TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Results; Enhanced Liquidity Position and Projects Improved Profitability for the Second Half of 2024.
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Stocks Info
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 $3.42 and fluctuated between $3.4500 as its day high and $3.1200 as its day low. The current market capitalization of TPI Composites Inc is $161.56M. A total of 1.65 million shares were traded on the day, compared to an average of 1.97M shares.
In the most recent transaction, Miller Ryan D. bought 10,000 shares of TPIC for 4.45 per share on Aug 25 ’23. After the transaction, the Chief Financial Officer now owns 13,648 company shares. In a previous transaction on Aug 21 ’23, Jordan Tyrone Michael bought 2,000 shares at 5.16 per share. TPIC shares that Director owns now total 23,840.
Among the insiders who bought shares, Siwek William E acquired of 10,000 shares on Aug 18 ’23 at a per-share price of $4.90. This resulted in the President and CEO holding 193,007 shares of TPIC after the transaction. In another insider transaction, Lavine Jerrold I sold 19,040 shares at $11.14 per share on Jun 02 ’23. Company shares held by the President, Automotive now total 19,043.
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. In terms of 52-week highs and lows, TPIC has a high of $14.16 and a low of $1.63.
As of this writing, TPIC has an earnings estimate of -$0.69 per share for the current quarter. EPS was calculated based on a consensus of 9 estimates, with a high estimate of -$0.53 per share and a lower estimate of -$0.99. The company reported an EPS of -$1.71 in the last quarter, which was -194.80% lower than expectations of -$0.58.
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. TPIC’s latest balance sheet shows that the firm has $216.24M in Cash & Short Term Investments as of fiscal 2021. There were $233.53M in debt and $469.11M in liabilities at the time. Its Book Value Per Share was -$2.63, while its Total Shareholder’s Equity was $372.93M.
Analysts Opinion
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, 0 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 Buy with a score of 3.62.
