With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.57 million shares. The 52-week range on TPIC shows that it touched its highest point at $5.64 and its lowest point at $0.64 during that stretch. It currently has a 1-year price target of $1.79. Beta for the stock currently stands at 2.09.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPIC was up-trending over the past week, with a rise of 8.33%, but this was up by 31.79% over a month. Three-month performance surged to 26.21% while six-month performance fell -32.64%. The stock lost -75.86% in the past year, while it has lost -31.22% so far this year. A look at the trailing 12-month EPS for TPIC yields -4.77 with Next year EPS estimates of -0.62. For the next quarter, that number is -0.53. This implies an EPS growth rate of 55.37% for this year and 72.65% for next year.
Float and Shares Shorts:
At present, 48.65 million TPIC shares are outstanding with a float of 33.86 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPIC since 7 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.51807 being high and -$4.61448 being low. For TPIC, this leads to a yearly average estimate of -$4.09011.
