TPB stock icon

Turning Point Brands
TPB

$37.37
0.24%

Market Cap: 659M

 

About: Turning Point Brands Inc operates as manufacturer, marketer, provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.

Employees: 373

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 3 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

140% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 10

12% more funds holding

Funds holding: 119 [Q4 2023] → 133 (+14) [Q1 2024]

5% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 43

3% more capital invested

Capital invested by funds: $413M [Q4 2023] → $425M (+$11.7M) [Q1 2024]

6.85% less ownership

Funds ownership: 89.14% [Q4 2023] → 82.28% (-6.85%) [Q1 2024]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q4 2023] → 2 (-1) [Q1 2024]

91% less call options, than puts

Call options by funds: $149K | Put options by funds: $1.68M

Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$34
9%
downside
Avg. target
$41
11%
upside
High target
$45
20%
upside

3 analyst ratings

positive
100%
neutral
0%
negative
0%
Benchmark
Michael Legg
20%upside
$45
Buy
Reiterated
5 Jun 2024
Benchmark
Michael Legg
20%upside
$45
Buy
Maintained
3 May 2024
Benchmark
Michael Legg
9%downside
$34
Buy
Reiterated
12 Mar 2024

Financial journalist opinion