|Bid||0.00 x N/A|
|Ask||33.80 x N/A|
|Day's range||32.60 - 32.80|
|52-week range||20.60 - 65.00|
|Beta (5Y monthly)||1.59|
|PE ratio (TTM)||N/A|
|Earnings date||04 Aug 2021 - 09 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Earnings season can be a great time to gauge company performance and outlook. During its Q2 2021 conference call, UPS said it's much more focused on growing revenue and profits from small to medium-sized businesses and other segments than simply growing volumes.
Think of compelling massive megatrends like renewable energy. Renewable energy is the undisputed future of energy. When demand for traditional fuels declined in 2020, global-renewable energy consumption grew 3% according to the U.S. International Energy Agency (IEA).
TPI depends on a healthy and growing global wind energy industry so that it can manufacture more blades to support new wind projects. Unfortunately, lower demand for wind blades, higher raw material costs, and supply chain constraints led TPI to lower its full-year guidance -- sending shares down over 10% on Friday. The COVID-19 pandemic followed by a general slowdown in the wind energy industry couldn't have come at a worse time for TPI.