(TPIC) TPI Composites - Ratings and Ratios

TPI Composites, Inc. is a leading manufacturer of composite wind blades and precision molding and assembly systems for original equipment manufacturers (OEMs) globally, with a presence in key regions including the United States, Mexico, Europe, the Middle East, Africa, and India. The company also offers field service inspection and repair services for wind blades, catering to OEM customers, wind farm owners, and operators. With a rich history dating back to 1968, TPI Composites has evolved significantly, changing its name from LCSI Holding, Inc. to its current name in 2008, and is now headquartered in Scottsdale, Arizona.

Beyond its core business, TPI Composites is well-positioned in the renewable energy sector, specifically in the wind energy market, which is expected to continue growing as the world shifts towards cleaner energy sources. The companys expertise in composite materials and precision manufacturing is crucial for the production of efficient and durable wind turbines. As a publicly traded company listed on NASDAQ under the ticker symbol TPIC, TPI Composites is categorized under the Heavy Electrical Equipment sub-industry according to the GICS classification.

Analyzing the provided and , we observe that TPICs stock has shown volatility, with its last price at $1.15, significantly below its 52-week high of $5.71 but above its 52-week low of $0.68. The SMA20 and SMA50 are $0.96 and $0.90, respectively, indicating a recent uptrend. However, the SMA200 at $2.27 suggests that the stock is still far from its longer-term average, potentially indicating a recovery or growth phase if it continues to move towards its longer-term mean. The ATR of 0.10, translating to an 8.31% volatility, highlights the stocks recent price movements. From a fundamental perspective, the Market Cap stands at $49.14M USD, with a Forward P/E of 18.48 and a Return on Equity (RoE) of 65.47%, suggesting a potentially undervalued stock with strong profitability.

Forecasting TPICs future performance based on the available data, if the company continues to leverage its position in the growing wind energy market and improves its operational efficiency, it could see a positive trajectory. The high RoE indicates effective management of shareholder equity, which is a positive sign. Technically, if TPIC continues to trend above its SMA20 and SMA50, it may signal further upside potential. However, its significant deviation from the SMA200 could indicate a potential pullback or consolidation before any further upward movement. A potential forecast could see TPICs stock price moving towards its SMA200 at $2.27 in the medium term, assuming the current uptrend continues and the company meets or exceeds market expectations in terms of earnings and growth.