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How to Buy Tpi Composites Stock

Tpi Composites Inc

TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs).

Tpi Composites stock last closed at $2.78, up 16.32% from the previous day, and has decreased 76.28% in one year. It has underperformed other stocks in the Specialty Industrial Machinery industry by 1.1 percentage points. Tpi Composites stock is currently +70.55% from its 52-week low of $1.63, and -77.78% from its 52-week high of $12.51.

There are currently 47.24M shares of TPIC outstanding. The market capitalization of TPIC is $131.33M. In the past 24 hours, 1.7M TPIC shares were traded.

How to Buy Tpi Composites Stock

Not sure how to invest in Tpi Composites stock? Here's how.
  1. Decide where to buy Tpi Composites stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Tpi Composites stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your brokerage account: Select your payment method and add your information.
  4. Research Tpi Composites stock: The Tpi Composites ticker symbol is TPIC. Is Tpi Composites stock a good investment? Should you buy shares of TPIC? How do TPIC's underlying business fundamentals look? Do top analysts think Tpi Composites is a good buy? Why has TPIC's stock price moved recently? (Hint: Our stock research website can help you figure out if TPIC is a good stock to buy).
  5. Make your TPIC purchase: Decide if you will purchase TPIC shares at the current market price or use a limit order to purchase TPIC shares at a given price.
  6. Get key alerts regarding your TPIC position: Create a watchlist to keep tabs on your new investment in Tpi Composites shares.

Step 1: Decide where to buy Tpi Composites stock

You will need an online brokerage account to access the NASDAQ market and buy TPIC stock.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, it's time to fill out some personal details so you are able to buy TPIC stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've created your account on app for stock, you can securely and quickly fund your account:

Check out this video walkthrough to see the process of transferring funds into your investment account.

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Step 4: Research Tpi Composites stock

After you have selected the best place to buy Tpi Composites stock, it's absolutely critical to evaluate their stock before you invest, so you can wrap your head around the risk and upside.

Overview of key TPIC info

TPIC Price
$2.78
1w %
3.73%
1y %
-76.28%
5y %
-91.01%
P/E
-0.67x
P/B
-1.07x
P/S
0.08x
PEG
N/A
Revenue
$1.46B
Earnings
-$177.61M
Fore. Rev. Growth
5.69%
Fore. Earn. Growth
N/A
Market Cap
$131.33M
Next Earnings
May 29, 2024
Next Dividend
N/A

Tpi Composites Fundamentals

WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on TPIC's stock page.

What is the fair value of TPIC stock?

You can use a variety of different financial metrics, analyses, models, and charts to gauge TPIC's intrinsic value.

You can do more valuation analysis on TPIC's stock here.

How do TPIC Financials look?

Positive Health Checks:

  • TPIC has cash burn of 117109000. It has sufficient cash and short-term investments to cover this for at least one year.
  • There are more short-term assets than short-term liabilities on the TPIC balance sheet.

Negative Health Checks:

  • TPIC profit margin has gone down from -8.2% to -12.2% in the past year.
  • Total TPIC debt is still negative.
  • There are more long-term liabilities than short-term assets on the TPIC balance sheet.
  • TPIC debt to equity ratio of -7.57 is negative.
  • TPIC has $171.90M in cash and short term investments. This is not enough to cover its annual cash burn of $117.11M.

Is TPIC stock a Buy, Hold, or Sell, according to Wall Street analysts?

Out of 2 Equities analysts who monitor TPIC, the consensus analyst rating on Tpi Composites is a Hold

Please note that analyst forecasts are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are projecting on the Tpi Composites stock forecast page.

TPIC Momentum

SMA10
2.63
SMA20
2.68
SMA50
2.8
SMA100
2.94
SMA200
3.56
MACD
-0.06
MACD Signal
-0.06
MACD Histogram
0
RSI
53.17
Stochastic %K
34.71
Stochastic %D
22.78
StochRSI %K
33.33
StochRSI %D
15.39

TPIC Revenue

Last year, TPIC revenue was $1.46B. In the past 5 year, TPIC's revenue has increased by 7.16% per year. This was faster than the Specialty Industrial Machinery industry average of 3.97%.

Learn more about TPIC's earnings and revenue performance here.

Are TPIC insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at TPIC have sold more shares than they have bought.

Steven G. Fishbach, General Counsel and Secretary of TPIC, was the latest TPIC insider to sell. They sold $2,684.16 worth of TPIC stock on Mar 21, 2024.

Learn more about who owns TPIC stock here.

Can I rely on TPIC as an income stream?

No, Tpi Composites doesn't provide an income stream by paying out dividends.

What do other investors have to say about TPIC?

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to see what other community members have to say.

Step 5: Make your TPIC purchase

There are two main options:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are usually fine for most investors.
  • Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, place a limit order.

Click the Open Trade button and eToro will execute the order.

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Step 6: Get key alerts regarding your TPIC position

Now that you own some TPIC shares, you'll want to keep up with your investment.

Start a watchlist to get the latest updates about your TPIC stock.

TPIC Feed

How to Buy Stock in Tpi Composites

To reiterate, here are the 6 steps for buying Tpi Composites stock:

  1. Decide where to buy Tpi Composites stock
  2. Create your brokerage account
  3. Deposit funds into your brokerage account
  4. Research Tpi Composites stock
  5. Make your TPIC purchase
  6. Get key alerts regarding your TPIC position

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your new investment in Tpi Composites, add TPIC to your watchlist by clicking the button below.

NASDAQ: TPIC
$2.78+0.39 (+16.32%)
Updated Apr 26, 2024
Open eToro Account
NASDAQ: TPIC
$2.78+0.39 (+16.32%)
Updated Apr 26, 2024
Open eToro Account

FAQ

How much does it cost to buy one Tpi Composites share?

As of Apr 26, 2024, it costs $2.78 to buy one share of Tpi Composites stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.36 shares of TPIC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Tpi Composites stock?

According to 2 Wall Street analysts who monitor Tpi Composites, their consensus recommendation is to hold Tpi Composites stock.

What is the best way to buy Tpi Composites stock?

One way to place an order for Tpi Composites stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.