Searching For Real Value In Market Debris At TPI Composites Inc (NASDAQ: TPIC)

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Yahoo Finance discussed the stock recently as it posted Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc..

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

As a NASDAQ listed company, TPIC falls under the Industrials sector while operating within the Specialty Industrial Machinery industry segment. The current market capitalization of TPI Composites Inc is $131.33M. A total of 0.94 million shares were traded on the day, compared to an average of 1.12M 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.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, TPIC has a high of $13.68 and a low of $1.63.

As of this writing, TPIC has an earnings estimate of -$0.74 per share for the current quarter. EPS was calculated based on a consensus of 12 estimates, with a high estimate of -$0.53 per share and a lower estimate of -$1.17. 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

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside 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.

Most Popular

Related Posts