Analysts Take Aim at TPI Composites, Inc. (:TPIC) Shares

TPI Composites, Inc. (:TPIC) currently has an Average Broker Rating of 1.8. This number is based on the 5 sell-side firms polled by Zacks. The ABR rank within the industry stands at 72.   

Investors are frequently on the search for the secret to creating that winning portfolio. Many individual investors would agree that information is highly important when picking stocks. Possessing the correct information about a public company is of the utmost importance. Knowing how to interpret the information is another skill investors may need to master before becoming fully immersed in the stock market. Taking the time to properly examine a company before purchasing shares may be the difference between healthy profits and disappointing losses. If a company looks good after the research is complete, patience may still be desirable. Often times, a good stock will continue to be good in the future. Dealing with market volatility is normal, but exploring all aspects of a company may be a good way to combat day to day volatility.

Analysts on a consensus basis are expecting that the stock will reach $25.67 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

Research analysts study publicly traded companies and make recommendations on the securities of those companies. Most specialize in a particular industry or sector of the economy. They exert considerable influence in today’s marketplace. Analysts’ recommendations or reports can influence the price of a company’s stock—especially when the recommendations are widely disseminated through television appearances or through other electronic and print media. The mere mention of a company by a popular analyst can temporarily cause its stock to rise or fall—even when nothing about the company’s prospects or fundamentals has recently changed.

Analysts often use a variety of terms—buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold—to describe their recommendations. But the meanings of these terms can differ from firm to firm. Rather than make assumptions, investors should carefully read the definitions of all ratings used in each research report. They should also consider the firm’s disclosures regarding what percentage of all ratings fall into either “buy,” “hold/neutral,” and “sell” categories.

Some investors may be looking to trade the trend and capitalize on strong current performers. Other investors may look to take a contrarian approach. This can involve looking for names that have been overlooked by the crowd. There are many different contrarian approaches that investors may choose to use. Going against the crowd may require a lot more homework and confidence. There may be hidden gems out there, but is may be wise to investigate why nobody else seems to want to get into the name. Finding that perfect strategy may take a lot of study and dedication. Taking shortcuts in the market can have severe negative effects on the long-term health of the portfolio. 

Earnings
Research analysts are predicting that TPI Composites, Inc. (:TPIC) will report earnings of $0.22 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently TPI Composites, Inc. (:TPIC) posted quarterly earnings of $0.41 which compared to the sell-side estimates of 0.14. The stock’s 12-month trailing earnings per share stands at $0.61. Shares have moved $6.94 over the past month and more recently, $1.45 over the past week heading into the earnings announcement. There are 4 analyst projections that were taken into consideration from respected brokerage firms.

TPI Composites, Inc. (:TPIC) closed the last session at $20.34 and sees an average of 257849.05 shares trade hands in each session. The 52-week low of the stock stands at $13.36 while the current level stands at 74.97% of the 52-week High-Low range. Looking further out we can see that the stock has moved 17.57% over the past 12 weeks and 26.81% year to date.

Buy Ratings
4 analysts rate TPI Composites, Inc. a Buy or Strong Buy, which is 80% of all the analyst ratings.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

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