Turning Point Brands, Inc. (NYSE:TPB – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $53.26 and last traded at $63.2440, with a volume of 2,431 shares. The stock had previously closed at $65.88.
More Turning Point Brands News
Here are the key news stories impacting Turning Point Brands this week:
- Positive Sentiment: Third-quarter revenue rose 27% to $151.1 million and earnings per share of $0.41 beat analyst expectations. Read More.
- Positive Sentiment: Management expects 2026 modern oral gross sales of $330 million–$350 million and is targeting more than 70% growth in chain-store count, signaling continued expansion ambitions. Read More.
- Neutral Sentiment: TPB’s ALP nicotine-pouch brand launched a New York City pop-up and advertising campaign. The effort could raise brand visibility, but its sales impact is not yet clear. Read More.
- Negative Sentiment: Despite the quarterly beat, EPS fell substantially from the year-earlier period, and reports attributed profit pressure to heavy marketing investment. This raises questions about near-term profitability as the company promotes growth. Read More.
- Negative Sentiment: Needham lowered its TPB price target from $125 to $95, a notable reduction that may signal a more cautious valuation view, although the firm kept its Buy rating. Read More.
Analyst Upgrades and Downgrades
TPB has been the topic of several research reports. BTIG Research reissued a “buy” rating on shares of Turning Point Brands in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Turning Point Brands in a research note on Friday, August 28th. Wall Street Zen upgraded shares of Turning Point Brands from a “strong sell” rating to a “sell” rating in a report on Monday, August 10th. Compass Point set a $116.00 price objective on shares of Turning Point Brands in a report on Monday, August 10th. Finally, Oppenheimer decreased their target price on shares of Turning Point Brands from $130.00 to $90.00 and set an “outperform” rating on the stock in a research note on Tuesday, September 22nd. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $101.00.
Turning Point Brands Stock Performance
The company has a debt-to-equity ratio of 0.65, a quick ratio of 4.16 and a current ratio of 5.67. The firm’s 50-day moving average price is $64.85 and its two-hundred day moving average price is $85.21. The stock has a market cap of $1.22 billion, a price-to-earnings ratio of 45.32 and a beta of 1.08.
Turning Point Brands (NYSE:TPB – Get Free Report) last released its quarterly earnings data on Monday, November 9th. The company reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.21. The firm had revenue of $151.10 million during the quarter, compared to analysts’ expectations of $146.68 million. Turning Point Brands had a net margin of 5.08% and a return on equity of 6.79%. Turning Point Brands’s revenue was up 27.0% compared to the same quarter last year. During the same period last year, the business earned $1.27 earnings per share. On average, analysts expect that Turning Point Brands, Inc. will post 1.19 EPS for the current fiscal year.
Turning Point Brands Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 8th. Stockholders of record on Friday, December 18th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Friday, December 18th. Turning Point Brands’s dividend payout ratio is 23.02%.
Institutional Trading of Turning Point Brands
Hedge funds and other institutional investors have recently modified their holdings of the business. State of Alaska Department of Revenue boosted its stake in Turning Point Brands by 2.5% during the third quarter. State of Alaska Department of Revenue now owns 6,963 shares of the company’s stock worth $408,000 after buying an additional 171 shares during the period. The Manufacturers Life Insurance Company grew its stake in shares of Turning Point Brands by 3.3% in the first quarter. The Manufacturers Life Insurance Company now owns 8,784 shares of the company’s stock valued at $762,000 after buying an additional 282 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Turning Point Brands by 103.3% during the 3rd quarter. GAMMA Investing LLC now owns 681 shares of the company’s stock valued at $40,000 after acquiring an additional 346 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Turning Point Brands by 11.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 3,384 shares of the company’s stock valued at $294,000 after acquiring an additional 356 shares during the period. Finally, Fifth Third Bancorp grew its position in Turning Point Brands by 15.8% in the 3rd quarter. Fifth Third Bancorp now owns 2,797 shares of the company’s stock valued at $164,000 after acquiring an additional 382 shares in the last quarter. 96.12% of the stock is owned by institutional investors and hedge funds.
Turning Point Brands Company Profile
Turning Point Brands, Inc. is a U.S.-based manufacturer, marketer and distributor of branded consumer products, with a portfolio focused on tobacco and nicotine products and related accessories. Its products are sold primarily in the United States, with distribution in international markets as well. The company’s Zig-Zag Products business includes rolling papers, wraps, cones and other products associated with the Zig-Zag brand. Its Stoker’s Products business offers products such as loose-leaf chewing tobacco and moist snuff, along with nicotine pouches sold under brands including Stoker’s and FRE.
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