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: $283.49 million
  • Outstanding Shares: 18,845,000
Average Prices:
  • 50 Day Moving Avg: $15.63
  • 200 Day Moving Avg: $14.80
  • 52 Week Range: $8.67 - $18.05
P/E:
  • Trailing P/E Ratio: 11.82
  • Foreward P/E Ratio: 9.97
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $223.15 million
  • Price / Sales: 1.27
  • Book Value: $1.91 per share
  • Price / Book: 7.88
Profitability:
  • EBIDTA: $45.38 million
  • Net Margins: 11.90%
  • Return on Equity: 131.39%
  • Return on Assets: 12.15%
Debt:
  • Debt-to-Equity Ratio: 5.35%
  • Current Ratio: 1.49%
  • Quick Ratio: 0.36%
Misc:
  • Average Volume: 29,979 shs.
  • Beta: 0.58
  • 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) announced its quarterly earnings results on Thursday, May, 11th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.03. The firm earned $66.80 million during the quarter, compared to analyst estimates of $64.90 million. Turning Point Brands had a net margin of 11.90% and a return on equity of 131.39%. Turning Point Brands's quarterly revenue was up 33.9% on a year-over-year basis. During the same period last year, the firm earned $0.12 EPS. 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 Thursday, August, 10th 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 1 year price objectives for Turning Point Brands' stock. Their forecasts range from $17.00 to $19.00. On average, they expect Turning Point Brands' share price to reach $18.00 in the next twelve months. 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. " (7/18/2017)
  • 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 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.

Who owns Turning Point Brands stock?

Turning Point Brands' stock is owned by many different of retail and institutional investors. Top institutional shareholders include STANDARD GENERAL L.P. (58.20%) and STANDARD GENERAL L.P. (52.80%). Company insiders that own Turning Point Brands stock include 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.

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 $15.06.


MarketBeat Community Rating for Turning Point Brands (NYSE TPB)
Community Ranking:  3.1 out of 5 (  )
Outperform Votes:  40 (Vote Outperform)
Underperform Votes:  24 (Vote Underperform)
Total Votes:  64
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 (19.52% upside)

Analysts' Ratings History for Turning Point Brands (NYSE:TPB)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Cowen and CompanyReiterated RatingOutperform$18.00 -> $19.00LowView Rating Details
5/12/2017FBR & CoReiterated RatingBuy$17.00LowView Rating Details
(Data available from 7/23/2015 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
8/9/2017$0.36N/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: 68.72%
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
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
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
americanbankingnews.com logoTurning Point Brands Inc (TPB) Lowered to "Hold" at Zacks Investment Research
www.americanbankingnews.com - March 22 at 8:20 AM
reuters.com logoBRIEF-Turning Point Brands enters strategic cooperation agreement with Vapor Shark
www.reuters.com - March 20 at 6:26 PM
bizjournals.com logoLouisville company hopes to grow by linking with Vapor Shark
www.bizjournals.com - March 20 at 6:26 PM
businesswire.com logoTurning Point Brands, Inc. Enters Strategic Cooperation Agreement with Vapor Shark
www.businesswire.com - March 20 at 6:26 PM
seekingalpha.com logoTurning Point Brands: Light Up Your Portfolio With This Tobacco Company
seekingalpha.com - March 18 at 7:22 PM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - March 18 at 8:46 AM
finance.yahoo.com logoTURNING POINT BRANDS, INC. Financials
finance.yahoo.com - March 18 at 2:16 AM
americanbankingnews.com logoBrokers Set Expectations for Turning Point Brands Inc’s Q2 2017 Earnings (TPB)
www.americanbankingnews.com - March 17 at 11:19 AM
americanbankingnews.com logoTurning Point Brands Inc (TPB) Rating Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - March 16 at 8:27 PM
americanbankingnews.com logoResearch Analysts Set Expectations for Turning Point Brands Inc’s Q1 2017 Earnings (TPB)
www.americanbankingnews.com - March 16 at 12:19 PM
americanbankingnews.com logoTurning Point Brands Inc (TPB) PT Raised to $15.00 at FBR & Co
www.americanbankingnews.com - March 14 at 10:52 PM
biz.yahoo.com logoTURNING POINT BRANDS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements an
biz.yahoo.com - March 13 at 7:54 PM
seekingalpha.com logoTurning Point Brands EPS of $0.87
seekingalpha.com - March 13 at 8:43 AM
finance.yahoo.com logoTurning Point Brands, Inc. Reports 2016 Fourth Quarter and Full Year Results
finance.yahoo.com - March 13 at 8:43 AM
biz.yahoo.com logoQ4 2016 Turning Point Brands Inc Earnings Release - 07:00 am ET
biz.yahoo.com - March 13 at 8:43 AM
finance.yahoo.com logoTurning Point Brands to Host FY2016 Earnings Conference Call
finance.yahoo.com - March 1 at 9:25 AM

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Chart

Turning Point Brands (TPB) Chart for Sunday, July, 23, 2017

This page was last updated on 7/23/2017 by MarketBeat.com Staff