TPI Composites Inc (STU:GX6)
€ 1.914 0.004 (0.21%) Market Cap: 88.87 Mil Enterprise Value: 671.37 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 63/100

TPI Composites Inc at JPMorgan Energy Conference Transcript

Jun 18, 2019 / 07:30PM GMT
Release Date Price: €21.85 (+6.85%)
Mark Wesley Strouse
JP Morgan Chase & Co, Research Division - Alternative Energy and Applied & Emerging Technologies Analyst

Welcome. Thank you all for coming. My name is Mark Strouse. I cover alternative energy here at JPMorgan along with Paul Coster. We are very happy to have Steve Lockard, the CEO of TPI Composites. TPIC, this is an overweight rating for us and a focus list pick. We have a $34 price target. And with that, Steve, do you want to start us off?

Steven C. Lockard
TPI Composites, Inc. - CEO & Director

Okay. Thank you. So the history of TPI is as a boatbuilder out of Providence, Rhode Island, we turned a boatbuilder into one of the largest wind blade manufacturing companies. We're operating 10 wind blade facilities around the world, about 11,000 employees, over $1 billion in revenue last year. We've been in a very aggressive growth clip over the last number of years in the wind energy space. We're also developing some transportation-related products for the electrification of our vehicle fleet. In the wind space, we've been able to

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot