Wall Street brokerages have already given the stocks of TPIC a rating of buy- with twelve research analysts reporting it. According to a report, three of the analysts covering the firm gave it a rating of hold, while eight of the investment analysts gave the stocks of TPIC a rating of buy. The price target on the firm has been set at $56, after calculating it over the course of a year.
The Quarterly Earnings of TPIC
The stocks of TPIC have been the topic for quite a few research reports. Zacks has already reduced the shares of the company from a rating of buy to a rating of hold- in a 13th January research report. Raymond James has also reduced the TPIC shares from a rating of strong-buy to a rating of outperform, along with a price target that was shifted from $44 to $67. Roth Capital decided to increase the price target on the firm from a sum of $48 to a sum of $56- along with a rating of buy in a 16th December research note. Morgan Stanley also went the same way with a price target that was moved from $72 to $77- with a rating of overweight.
The stocks of TPIC traded on Wednesday at $67.65. The moving average price of the company over a period of fifty days is $59.51, while the moving average price of the company over 200-days is $39.63. The market cap of the firm is $2.42 billion, with a 1.67 beta, and a -87.86 PE ratio. The company also enjoys a 1.11 debt-to-equity ratio, with a 1.32 current ratio. The year low of TPIC is $9.19, while the year high of the same is $73.85.
