Turning Point Brands Company Profile (NYSE:TPB)

About Turning Point Brands (NYSE:TPB)

Turning Point Brands logoTurning Point Brands, Inc. is an independent provider of Other Tobacco Products (OTP) in the United States. The Company operates in three segments smokeless products, smoking products and NewGen products. The smokeless products segment manufactures and markets moist snuff; and contracts for and markets chewing tobacco products. The smoking products segment imports and markets cigarette papers, tubes and related products; processes, packages and markets make-your-own (MYO) cigarette tobaccos; imports and markets finished cigars and MYO cigar tobaccos and cigar wraps, and processes, packages and markets pipe tobaccos. The NewGen products segment markets e-cigarettes, e-liquids, vaporizers and other related products, and distributes a wide assortment of vaping products to non-traditional retail outlets via VaporBeast. The Company's portfolio of brands includes Zig-Zag, Beech-Nut, Stoker's, Trophy, and VaporBeast.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $317.78 million
  • Outstanding Shares: 18,886,000
Average Prices:
  • 50 Day Moving Avg: $15.33
  • 200 Day Moving Avg: $15.13
  • 52 Week Range: $10.93 - $18.05
P/E:
  • Trailing P/E Ratio: 10.28
  • Foreward P/E Ratio: 10.92
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $243.65 million
  • Price / Sales: 1.29
  • Book Value: $2.20 per share
  • Price / Book: 7.59
Profitability:
  • EBIDTA: $48.54 million
  • Net Margins: 13.62%
  • Return on Equity: 114.77%
  • Return on Assets: 13.40%
Debt:
  • Debt-to-Equity Ratio: 4.51%
  • Current Ratio: 1.52%
  • Quick Ratio: 0.29%
Misc:
  • Average Volume: 24,495 shs.
  • Beta: 0.51
  • Short Ratio: 2.67
 

Frequently Asked Questions for Turning Point Brands (NYSE:TPB)

What is Turning Point Brands' stock symbol?

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

How were Turning Point Brands' earnings last quarter?

Turning Point Brands, Inc. (NYSE:TPB) posted its earnings results on Thursday, August, 10th. The company reported $0.38 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.36 by $0.02. The firm had revenue of $72.10 million for the quarter, compared to analyst estimates of $67.35 million. Turning Point Brands had a return on equity of 114.77% and a net margin of 13.62%. The company's revenue for the quarter was up 39.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.05 earnings per share. View Turning Point Brands' Earnings History.

When will Turning Point Brands make its next earnings announcement?

Turning Point Brands is scheduled to release their next quarterly earnings announcement on Wednesday, November, 8th 2017. View Earnings Estimates for Turning Point Brands.

Where is Turning Point Brands' stock going? Where will Turning Point Brands' stock price be in 2017?

2 brokers have issued twelve-month target prices for Turning Point Brands' shares. Their forecasts range from $17.00 to $19.00. On average, they anticipate Turning Point Brands' share price to reach $18.00 in the next year. View Analyst Ratings for Turning Point Brands.

What are 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. " (8/16/2017)
  • 2. FBR & Co analysts commented, "TPB reported 1Q17 net sales of $66.8M, slightly above FBR’s estimate of $66.3M. GM de-leveraged –684 bps vs. FBR’s estimate of –336 bps. The adjusted SGA margin leveraged +208 bps vs. our estimate of +225 bps. Adjusted 1Q reported EBITDA were $13.6M, compared to FBR’s $16.0M estimate. Adjusted 1Q EPS were $0.52, compared to FBR’s $0.58 estimate. On the call, management reiterated confidence in its ability to grow via acquisitions, and we believe additional acquisitions are likely in the future. TPB also continues to roll out MST cans and gained just under 1,000 stores in 1Q17, mainly through additional independent stores. TPB expects to begin expanding into chain stores, but the expansion could be lumpy given uncertainty on timing of products shipped to stores. We expect continued growth through acquisitions, MST cans, and Zig-Zag papers, coupled with solid FCF generation, to continue to drive the stock higher." (5/12/2017)

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:

  • Thomas F. Helms Jr., Executive Chairman of the Board
  • Jack Africk, Vice Chairman of the Board, President, Chief Executive Officer
  • Brian C. Harriss, Chief Financial Officer
  • Lawrence S. Wexler, President and Chief Executive Officer of NATC
  • James W. Dobbins, Senior Vice President, General Counsel, Secretary
  • James M. Murray, Senior Vice President - Market Planning & Strategy
  • Gregory H. A Baxter, Director
  • Geoffrey Gorman, Director
  • Robert D. Rothenberg, Director

When did Turning Point Brands IPO?

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

Who owns Turning Point Brands stock?

Turning Point Brands' stock is owned by a number of of institutional and retail investors. Top institutional investors include STANDARD GENERAL L.P. (58.20%), STANDARD GENERAL L.P. (52.80%), Jennison Associates LLC (3.28%), Northern Right Capital Management L.P. (1.93%), Vanguard Group Inc. (1.35%) and Argent Capital Management LLC (0.88%). Company insiders that own Turning Point Brands stock include General LP Standard, General Master Fund L Standard, George Hebard, James Michael Murray, James Wells Dobbins, Lawrence Wexler and Thomas F Jr Helms. View Institutional Ownership Trends for Turning Point Brands.

Who sold Turning Point Brands stock? Who is selling Turning Point Brands stock?

Turning Point Brands' stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, UBS Oconnor LLC, Bank of New York Mellon Corp, Northern Trust Corp and TIAA CREF Investment Management LLC. Company insiders that have sold Turning Point Brands stock in the last year include James Michael Murray, James Wells Dobbins and Lawrence Wexler. View Insider Buying and Selling for Turning Point Brands.

Who bought Turning Point Brands stock? Who is buying Turning Point Brands stock?

Turning Point Brands' stock was purchased by a variety of institutional investors in the last quarter, including Argent Capital Management LLC, Northern Right Capital Management L.P., AJO LP, Spark Investment Management LLC, D.A. Davidson & CO., Martingale Asset Management L P, Wells Fargo & Company MN and Steinberg Global Asset Management. Company insiders that have bought Turning Point Brands stock in the last two years include General LP Standard, General Master Fund L Standard, George Hebard and Thomas F Jr Helms. View Insider Buying and Selling for Turning Point Brands.

How do I buy Turning Point Brands stock?

Shares of Turning Point Brands can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Turning Point Brands' stock price today?

One share of Turning Point Brands stock can currently be purchased for approximately $16.70.


MarketBeat Community Rating for Turning Point Brands (NYSE TPB)
Community Ranking:  3.0 out of 5 (  )
Outperform Votes:  46 (Vote Outperform)
Underperform Votes:  31 (Vote Underperform)
Total Votes:  77
MarketBeat's community ratings are surveys of what our community members think about Turning Point Brands and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Turning Point Brands (NYSE:TPB) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $18.00 (7.78% upside)

Analysts' Ratings History for Turning Point Brands (NYSE:TPB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/3/2017Cowen and CompanyReiterated RatingBuy$19.00HighView Rating Details
5/12/2017FBR & CoReiterated RatingBuy$17.00LowView Rating Details
(Data available from 8/19/2015 forward)

Earnings

Earnings History for Turning Point Brands (NYSE:TPB)
Earnings by Quarter for Turning Point Brands (NYSE:TPB)
Earnings History by Quarter for Turning Point Brands (NYSE TPB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/8/2017$0.44N/AView Earnings Details
8/10/2017Q2 2017$0.36$0.38$67.35 million$72.10 millionViewN/AView Earnings Details
5/11/2017Q1 2017$0.33$0.29$64.90 million$66.80 millionViewN/AView Earnings Details
3/13/2017Y 2016$0.34$0.87$49.15 million$53.80 millionViewN/AView Earnings Details
11/10/2016Q316$0.39$0.34$50.75 million$51.00 millionViewN/AView Earnings Details
8/11/2016Q216$0.44$0.05$48.00 million$51.60 millionViewListenView Earnings Details
6/15/2016Q116$0.20$0.27$49.90 million$49.87 millionViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Turning Point Brands (NYSE:TPB)
2017 EPS Consensus Estimate: $1.74
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.27$0.27$0.27
Q2 20171$0.43$0.43$0.43
Q3 20171$0.53$0.53$0.53
Q4 20171$0.51$0.51$0.51
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Turning Point Brands (NYSE:TPB)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Turning Point Brands (NYSE:TPB)
Institutional Ownership Percentage: 68.18%
Insider Trades by Quarter for Turning Point Brands (NYSE:TPB)
Institutional Ownership by Quarter for Turning Point Brands (NYSE:TPB)
Insider Trades by Quarter for Turning Point Brands (NYSE:TPB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/16/2017General L.P. StandardMajor ShareholderBuy100,000$16.52$1,652,000.00View SEC Filing  
8/14/2017James Michael MurrayVPSell3,000$16.15$48,450.00View SEC Filing  
8/14/2017James Wells DobbinsInsiderSell6,000$16.04$96,240.00View SEC Filing  
5/25/2017Lawrence WexlerInsiderSell1,858$16.42$30,508.36View SEC Filing  
5/23/2017James Wells DobbinsInsiderSell6,000$16.67$100,020.00View SEC Filing  
5/16/2017George HebardDirectorBuy3,000$15.59$46,770.00View SEC Filing  
12/16/2016Thomas F Jr. HelmsDirectorBuy1,000$13.12$13,120.00View SEC Filing  
12/12/2016Thomas F Jr. HelmsDirectorBuy500$13.42$6,710.00View SEC Filing  
11/23/2016James Michael MurrayVPSell13,592$14.00$190,288.00View SEC Filing  
9/14/2016Thomas F Jr. HelmsDirectorBuy1,000$14.24$14,240.00View SEC Filing  
5/10/2016General Master Fund L StandardMajor ShareholderBuy6,525,710$4.49$29,300,437.90View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Turning Point Brands (NYSE:TPB)
Latest Headlines for Turning Point Brands (NYSE:TPB)
Source:
DateHeadline
americanbankingnews.com logoTurning Point Brands, Inc. (TPB) Major Shareholder Purchases $1,652,000.00 in Stock
www.americanbankingnews.com - August 18 at 7:26 PM
finance.yahoo.com logoTurning Point Brands, Inc. :TPB-US: Earnings Analysis: Q2, 2017 By the Numbers : August 17, 2017
finance.yahoo.com - August 18 at 8:01 AM
finance.yahoo.com logoTurning Point Brands, Inc. Provides Clarification Regarding Standard General Stock Transaction with SDOI
finance.yahoo.com - August 17 at 8:30 AM
americanbankingnews.com logoTurning Point Brands, Inc. (TPB) Downgraded to "Sell" at Zacks Investment Research
www.americanbankingnews.com - August 16 at 6:44 AM
americanbankingnews.com logoTurning Point Brands, Inc. (TPB) VP James Michael Murray Sells 3,000 Shares
www.americanbankingnews.com - August 15 at 4:56 PM
americanbankingnews.com logoInsider Selling: Turning Point Brands, Inc. (TPB) Insider Sells 6,000 Shares of Stock
www.americanbankingnews.com - August 15 at 4:36 PM
finance.yahoo.com logoEdited Transcript of TPB earnings conference call or presentation 10-Aug-17 2:00pm GMT
finance.yahoo.com - August 11 at 8:54 AM
finance.yahoo.com logoEdited Transcript of TPB earnings conference call or presentation 10-Aug-17 2:00pm GMT
finance.yahoo.com - August 11 at 8:54 AM
americanbankingnews.com logoTurning Point Brands, Inc. (NYSE:TPB) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS
www.americanbankingnews.com - August 10 at 2:50 PM
reuters.com logoBRIEF-Turning Point Brands announces Q2 earnings per share $0.38
www.reuters.com - August 10 at 8:51 AM
finance.yahoo.com logoTurning Point Brands, Inc. Announces Second Quarter 2017 Results
finance.yahoo.com - August 10 at 8:51 AM
finance.yahoo.com logoInvestor Network: Turning Point Brands Inc to Host Earnings Call
finance.yahoo.com - August 10 at 8:51 AM
americanbankingnews.com logo Turning Point Brands, Inc. (NYSE:TPB) Given Consensus Recommendation of "" by Analysts
www.americanbankingnews.com - August 6 at 2:22 PM
americanbankingnews.com logoZacks: Brokerages Set $18.00 Price Target for Turning Point Brands, Inc. (TPB)
www.americanbankingnews.com - August 3 at 4:16 PM
americanbankingnews.com logoTurning Point Brands, Inc. (TPB) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - August 2 at 7:22 AM
bizjournals.com logoCOVER STORY: Turning Point Brands — zigging while the industry zags
www.bizjournals.com - July 29 at 8:00 AM
finance.yahoo.com logoTurning Point Brands, Inc. Announces an At-the-Market Equity Program
finance.yahoo.com - July 21 at 7:59 AM
finance.yahoo.com logoTurning Point Brands to Host Second Quarter FY2017 Conference Call
finance.yahoo.com - July 20 at 8:49 AM
americanbankingnews.com logoTurning Point Brands, Inc. (TPB) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - July 18 at 11:35 AM
americanbankingnews.com logoZacks: Turning Point Brands, Inc. (NYSE:TPB) Receives Average Rating of "Strong Buy" from Analysts
www.americanbankingnews.com - July 18 at 9:34 AM
americanbankingnews.com logoAnalysts Anticipate Turning Point Brands, Inc. (NYSE:TPB) to Post $0.36 Earnings Per Share
www.americanbankingnews.com - July 7 at 12:08 AM
americanbankingnews.com logoTurning Point Brands (TPB) vs. Vector Group (VGR) Financial Analysis
www.americanbankingnews.com - June 25 at 7:37 AM
finance.yahoo.com logoTurning Point Brands, Inc. breached its 50 day moving average in a Bullish Manner : TPB-US : June 22, 2017
finance.yahoo.com - June 22 at 2:13 PM
americanbankingnews.com logoAnalysts Expect Turning Point Brands, Inc. (TPB) to Post $0.36 EPS
www.americanbankingnews.com - June 21 at 6:32 PM
americanbankingnews.com logoTurning Point Brands (TPB) vs. Philip Morris International (PM) Head to Head Contrast
www.americanbankingnews.com - June 21 at 12:22 AM
americanbankingnews.com logoReviewing Turning Point Brands (TPB) and Reynolds American (RAI)
www.americanbankingnews.com - June 16 at 12:10 AM
finance.yahoo.com logoTurning Point Brands Announces Participation in the Jefferies 2017 Global Consumer Conference
finance.yahoo.com - June 15 at 2:37 AM
americanbankingnews.com logoCritical Review: Turning Point Brands (TPB) versus Reynolds American (RAI)
www.americanbankingnews.com - June 9 at 7:43 AM
americanbankingnews.com logo Turning Point Brands Inc (TPB) Given Consensus Recommendation of "Strong Buy" by Analysts
www.americanbankingnews.com - June 5 at 4:10 PM
finance.yahoo.com logoETFs with exposure to Turning Point Brands, Inc. : May 26, 2017
finance.yahoo.com - May 27 at 6:22 AM
americanbankingnews.com logoInsider Selling: Turning Point Brands Inc (TPB) Insider Sells 1,858 Shares of Stock
www.americanbankingnews.com - May 25 at 10:23 PM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Insider Sells $100,020.00 in Stock
www.americanbankingnews.com - May 24 at 8:02 PM
americanbankingnews.com logoGeorge Hebard Purchases 3,000 Shares of Turning Point Brands Inc (TPB) Stock
www.americanbankingnews.com - May 18 at 1:15 PM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Downgraded by Zacks Investment Research to "Sell"
www.americanbankingnews.com - May 17 at 8:58 AM
finance.yahoo.com logoETFs with exposure to Turning Point Brands, Inc. : May 16, 2017
finance.yahoo.com - May 16 at 8:15 PM
finance.yahoo.com logoTurning Point Brands, Inc. :TPB-US: Earnings Analysis: Q1, 2017 By the Numbers : May 15, 2017
finance.yahoo.com - May 15 at 7:28 PM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Stock Rating Reaffirmed by Cowen and Company
www.americanbankingnews.com - May 15 at 1:56 PM
americanbankingnews.com logoQ4 2017 EPS Estimates for Turning Point Brands Inc Boosted by Analyst (TPB)
www.americanbankingnews.com - May 15 at 8:56 AM
streetinsider.com logoTurning Point Brands (TPB) PT Raised to $19 at Cowen on 1Q Report; 'Seizing the Smokeless Opportunity'
www.streetinsider.com - May 13 at 1:49 AM
americanbankingnews.com logoFBR & Co Reiterates Buy Rating for Turning Point Brands Inc (TPB)
www.americanbankingnews.com - May 12 at 5:20 PM
reuters.com logoBRIEF-Turning Point Brands posts Q1 earnings per share $0.10
www.reuters.com - May 12 at 3:47 PM
finance.yahoo.com logoTurning Point Brands, Inc. Reports First Quarter 2017 Results
finance.yahoo.com - May 12 at 2:35 AM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Releases Quarterly Earnings Results
www.americanbankingnews.com - May 11 at 3:00 PM
americanbankingnews.com logoZacks: Turning Point Brands Inc (TPB) Given $17.50 Consensus Price Target by Brokerages
www.americanbankingnews.com - May 11 at 8:16 AM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Set to Announce Earnings on Thursday
www.americanbankingnews.com - May 9 at 7:08 AM
finance.yahoo.com logoTurning Point Brands to Host First Quarter FY2017 Conference Call
finance.yahoo.com - April 27 at 9:23 AM
finance.yahoo.com logoETFs with exposure to Turning Point Brands, Inc. : April 25, 2017
finance.yahoo.com - April 25 at 7:14 PM
seekingalpha.com logoUpside seen for Turning Point Brands
seekingalpha.com - April 18 at 8:46 AM
finance.yahoo.com logoVapor Shark Ranked Among Entrepreneur Magazine’s Top 100 New Franchises of 2017
finance.yahoo.com - April 7 at 11:03 PM
americanbankingnews.com logo Turning Point Brands Inc (TPB) Receives Consensus Recommendation of "" from Brokerages
www.americanbankingnews.com - March 24 at 11:53 AM

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Turning Point Brands (TPB) Chart for Saturday, August, 19, 2017

This page was last updated on 8/19/2017 by MarketBeat.com Staff