NYSE:TPB - Turning Point Brands Stock Price, News, & Analysis

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$32.05 +0.25 (+0.79 %)
(As of 08/19/2018 01:02 PM ET)
Previous Close$32.05
Today's Range$31.6604 - $32.05
52-Week Range$15.34 - $34.88
Volume67,607 shs
Average Volume80,423 shs
Market Capitalization$644.50 million
P/E Ratio29.68
Dividend Yield0.50%
Beta0.87
Turning Point Brands logoTurning Point Brands, Inc., together with its subsidiaries, provides other tobacco products primarily in the United States. It operates through three segments: Smokeless Products, Smoking Products, and NewGen Products. The Smokeless Products segment manufactures and markets moist snuff; and contracts for and markets loose leaf chewing tobacco products. The Smoking Products segment imports and markets cigarette papers, tubes, and related products, as well as finished cigars, make-your-own cigar tobaccos, and cigar wraps; and processes, packages, and markets pipe tobaccos. The NewGen Products segment markets and distributes liquid vapor products, tobacco vaporizer products, and other products without tobacco and nicotine, including e-cigarettes, e-liquids, vaporizers, and other related products; and distributes various assortments of vaping products to non-traditional retail outlets through VaporBeast and Vapor Shark, as well as distributes various vaping related products to individual consumers through Vapor Shark branded retail outlets. The company sells its products under the Zig-Zag, Beech-Nut, Stoker's, Trophy, Havana Blossom, Durango, Our Pride, Big Mountain, Appalachia, Springfield Standard, Snake River, Tequila Sunrise, Fred's Choice, Old Hillside, Red Cap, Tennessee Chew, VaporBeast, and Vapor Shark brands. It sells its products to wholesale distributors and retail merchants in the independent and chain convenience store, tobacco outlet, food store, mass merchandising, and drug store and non-traditional retail channels. The company was formerly known as North Atlantic Holding Company, Inc. and changed its name to Turning Point Brands, Inc. in November 2015. Turning Point Brands, Inc. was incorporated in 2004 and is headquartered in Louisville, Kentucky.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Tobacco products
Sub-IndustryN/A
SectorConsumer Staples
SymbolNYSE:TPB
CUSIPN/A
Phone502-778-4421

Debt

Debt-to-Equity Ratio2.86
Current Ratio2.03
Quick Ratio0.55

Price-To-Earnings

Trailing P/E Ratio29.68
Forward P/E Ratio18.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$285.78 million
Price / Sales2.17
Cash Flow$1.2280 per share
Price / Cash26.10
Book Value$2.78 per share
Price / Book11.53

Profitability

EPS (Most Recent Fiscal Year)$1.08
Net Income$20.20 million
Net Margins7.70%
Return on Equity51.44%
Return on Assets9.92%

Miscellaneous

Employees289
Outstanding Shares19,310,000
Market Cap$644.50 million

Turning Point Brands (NYSE:TPB) Frequently Asked Questions

What is Turning Point Brands' stock symbol?

Turning Point Brands trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPB."

How often does Turning Point Brands pay dividends? What is the dividend yield for Turning Point Brands?

Turning Point Brands announced a quarterly dividend on Wednesday, August 8th. Investors of record on Friday, September 21st will be paid a dividend of $0.04 per share on Friday, October 12th. This represents a $0.16 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Thursday, September 20th. View Turning Point Brands' Dividend History.

How were Turning Point Brands' earnings last quarter?

Turning Point Brands Inc (NYSE:TPB) announced its quarterly earnings results on Wednesday, August, 8th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.49 by $0.01. The company earned $81.10 million during the quarter, compared to analyst estimates of $82.40 million. Turning Point Brands had a net margin of 7.70% and a return on equity of 51.44%. The business's quarterly revenue was up 12.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.38 earnings per share. View Turning Point Brands' Earnings History.

When is Turning Point Brands' next earnings date?

Turning Point Brands is scheduled to release their next quarterly earnings announcement on Thursday, November, 8th 2018. View Earnings Estimates for Turning Point Brands.

What price target have analysts set for TPB?

2 brokers have issued twelve-month price objectives for Turning Point Brands' shares. Their forecasts range from $17.00 to $34.00. On average, they expect Turning Point Brands' stock price to reach $23.6667 in the next twelve months. This suggests that the stock has a possible downside of 26.2%. View Analyst Price Targets for Turning Point Brands.

What is the consensus analysts' recommendation for Turning Point Brands?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turning Point Brands in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turning Point Brands.

What are Wall Street analysts saying about Turning Point Brands stock?

Here are some recent quotes from research analysts about Turning Point Brands stock:
  • 1. According to Zacks Investment Research, "Turning Point Brands, Inc. provides tobacco products. The Company's product consists of moist snuff, loose leaf chewing tobacco, cigarette papers, make-your-own cigar wraps and cigar smoking tobacco, cigars and liquid and tobacco vapour. Its portfolio of brands includes Zig-Zag(R), Beech-Nut(R) and Stoker's(R). Turning Point Brands, Inc. is based in Louisville, Kentucky. " (5/16/2018)
  • 2. FBR & Co analysts commented, "Last week we hosted upbeat meetings with Chief Executive Officer Larry Wexler, Chief Financial Officer Mark Stegeman and SVP of Business Planning Jim Murray. Management sounded positive on the market outlook across the three OTP (other tobacco products) categories and on their recent acquisitions of VaporBeast and Vapor Shark. We believe there is significant room to run for TPB in the vapor market as they integrate Vapor Beast and begin to realize operating efficiencies. We expect continued growth through acquisitions, MST cans, and Zig-Zag papers, coupled with solid FCF generation, to continue to drive the stock higher." (10/2/2017)

Who are some of Turning Point Brands' key competitors?

Who are Turning Point Brands' key executives?

Turning Point Brands' management team includes the folowing people:
  • Mr. Lawrence S. Wexler, Pres, CEO & Director (Age 66)
  • Mr. James W. Dobbins, Sr. VP, Gen. Counsel & Corp. Sec. (Age 58)
  • Mr. Robert Lavan, Chief Financial Officer (Age 37)
  • Mr. Charles H. Melander, Sr. VP of Operations & Quality Assurance
  • Mr. Brian Wigginton, Chief Accounting Officer & VP of Fin.

When did Turning Point Brands IPO?

(TPB) raised $76 million in an initial public offering (IPO) on Wednesday, May 11th 2016. The company issued 5,400,000 shares at $13.00-$15.00 per share. Cowen and Company and FBR served as the underwriters for the IPO.

Has Turning Point Brands been receiving favorable news coverage?

News coverage about TPB stock has trended somewhat positive this week, according to Accern Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Turning Point Brands earned a coverage optimism score of 0.20 on Accern's scale. They also assigned news headlines about the company an impact score of 47.25 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for Turning Point Brands.

Who are Turning Point Brands' major shareholders?

Turning Point Brands' stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.98%), Renaissance Technologies LLC (1.74%), Dimensional Fund Advisors LP (0.85%), Argent Capital Management LLC (0.69%), Thompson Siegel & Walmsley LLC (0.55%) and Bank of New York Mellon Corp (0.54%). Company insiders that own Turning Point Brands stock include General LP Standard, George Hebard, HC Charles Diao, James Michael Murray, James Wells Dobbins, Lawrence Wexler and Thomas F Jr Helms. View Institutional Ownership Trends for Turning Point Brands.

Which institutional investors are selling Turning Point Brands stock?

TPB stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC and Argent Capital Management LLC. Company insiders that have sold Turning Point Brands company stock in the last year include James Michael Murray, James Wells Dobbins and Thomas F Jr Helms. View Insider Buying and Selling for Turning Point Brands.

Which institutional investors are buying Turning Point Brands stock?

TPB stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Renaissance Technologies LLC, Dimensional Fund Advisors LP, Cadence Capital Management LLC, Zacks Investment Management, Putnam Investments LLC, Sterling Capital Management LLC and Globeflex Capital L P. Company insiders that have bought Turning Point Brands stock in the last two years include General LP Standard, George Hebard, HC Charles Diao and Thomas F Jr Helms. View Insider Buying and Selling for Turning Point Brands.

How do I buy shares of Turning Point Brands?

Shares of TPB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Turning Point Brands' stock price today?

One share of TPB stock can currently be purchased for approximately $32.05.

How big of a company is Turning Point Brands?

Turning Point Brands has a market capitalization of $644.50 million and generates $285.78 million in revenue each year. The company earns $20.20 million in net income (profit) each year or $1.08 on an earnings per share basis. Turning Point Brands employs 289 workers across the globe.

How can I contact Turning Point Brands?

Turning Point Brands' mailing address is 5201 Interchange Way, Louisville KY, 40229. The company can be reached via phone at 502-778-4421 or via email at [email protected]


MarketBeat Community Rating for Turning Point Brands (NYSE TPB)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  128 (Vote Outperform)
Underperform Votes:  100 (Vote Underperform)
Total Votes:  228
MarketBeat's community ratings are surveys of what our community members think about Turning Point Brands and other stocks. Vote "Outperform" if you believe TPB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2018 by MarketBeat.com Staff

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