Prepare Yourself for Liftoff: Turning Point Brands Inc (TPB)

With 0.13 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.14 million shares. During the session, the Tobacco company that operates in wider Consumer Defensive sector, reached to the highest price of $63.1725 whereas the lowest price it dropped to was $61.22. The 52-week range on TPB shows that it touched its highest point at $63.51 and its lowest point at $21.98 during that stretch. It currently has a 1-year price target of $61.25. With its current market cap of 1.09 billion, TPB has annualized dividend of $0.28 while the current yield stands at 0.45%. Beta for the stock currently stands at 0.66.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TPB was down-trending over the past week, with a drop of -1.44%, but this was up by 30.69% over a month. Three-month performance surged to 54.69% while six-month performance rose 89.24%. The stock gained 169.11% in the past year, while it has gained 133.32% so far this year. A look at the trailing 12-month EPS for TPB yields 2.50 with Next year EPS estimates of 3.21. For the next quarter, that number is 0.69. This implies an EPS growth rate of 31.47% for this year and 21.29% for next year. EPS is expected to grow by 20.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.52%.

Float and Shares Shorts:

At present, 17.61 million TPB shares are outstanding with a float of 16.34 million shares on hand for trading. On 2024-11-15, short shares totaled 0.18 million, which was 102.99999 higher than short shares on 1728950400. In addition to Mr. David E. Glazek J.D. as the firm’s Executive Chairman, Mr. Graham A. Purdy serves as its CEO, President & Director.

Institutional Ownership:

Through their ownership of 0.83392 of TPB’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TPB reported revenue of $105617000.0 and operating income of $20530000.0. The EBITDA in the recently reported quarter was $22785000.0 and diluted EPS was $0.68.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TPB since 1 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TPB analysts setting a high price target of 65.0 and a low target of 55.0, the average target price over the next 12 months is 61.25. Based on these targets, TPB could surge 5.85% to reach the target high and fall by -10.44% to reach the target low. Reaching the average price target will result in a decline of -0.26% from current levels.

Analysts have provided yearly estimates in a range of $2.67311 being high and $2.60169 being low. For TPB, this leads to a yearly average estimate of $2.6425. The surprise factor in the prior quarter was $0.75. Based on analyst estimates, the high estimate for the next quarter is $0.81 and the low estimate is $0.75. The average estimate for the next quarter is thus $0.78.