|Bid||35.10 x 1100|
|Ask||37.78 x 800|
|Day's Range||34.81 - 38.49|
|52 Week Range||24.02 - 81.36|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug. 04, 2021 - Aug. 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||58.33|
Shares of TPI Composites (NASDAQ: TPIC) fell more than 15% on Friday morning after the maker of wind turbine blades trimmed full-year 2021 guidance. The company believes it is just a short-term lull, but with the stock trading at a premium multiple, even a slight flinch tends to cause an outsize reaction. TPI Composites has been a popular choice for investors looking to take advantage of the shift toward renewable energy.
SCOTTSDALE, Ariz., July 22, 2021 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, today announces selected, preliminary estimated financial results for the three months ended June 30, 2021, and updated guidance for the year ending December 31, 2021. The Company also announces today that it is has commenced production under a new long-term supply agreement with Nordex in Mexico and has extended its supply
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