Turning Point Brands Stock Today

TPB Stock  USD 62.65  0.81  1.31%   

Performance

29 of 100

 
Weak
 
Strong
Strong

Odds Of Distress

Less than 6

 
High
 
Low
Low
Turning Point is trading at 62.65 as of the 24th of November 2024, a 1.31 percent increase since the beginning of the trading day. The stock's open price was 61.84. Turning Point has only a 6 % chance of going through financial distress over the next few years and had a strong performance during the last 90 days. Equity ratings for Turning Point Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain
Food, Beverage & Tobacco
IPO Date
11th of May 2016
Category
Consumer Defensive
Classification
Consumer Staples
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky. Turning Point operates under Tobacco classification in the United States and is traded on New York Stock Exchange. The company has 17.7 M outstanding shares of which 105.01 K shares are at this time shorted by investors with about 0.98 days to cover. More on Turning Point Brands

Moving together with Turning Stock

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Moving against Turning Stock

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Turning Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOYavor Efremov
Thematic IdeaCigarettes (View all Themes)
Old NamePrivateBancorp Inc
Business ConcentrationTobacco, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, VN 30, VN100, Cigarettes, Consumer Staples, Tobacco, Tobacco, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.590.712
Significantly Down
Pretty Stable
Gross Profit Margin0.520.5013
Sufficiently Up
Pretty Stable
Total Current Liabilities105.4 M100.3 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total321 M317 M
Fairly Up
Slightly volatile
Total Assets376.4 M569.4 M
Way Down
Slightly volatile
Total Current Assets281 M267.6 M
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities70.2 M66.9 M
Sufficiently Up
Slightly volatile
Debt Levels
Turning Point can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Turning Point's financial leverage. It provides some insight into what part of Turning Point's total assets is financed by creditors.
Liquidity
Turning Point Brands has 377.99 M in debt with debt to equity (D/E) ratio of 3.36, meaning that the company heavily relies on borrowing funds for operations. Turning Point Brands has a current ratio of 5.17, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Turning to invest in growth at high rates of return.

Sale Purchase Of Stock

(1.04 Million)
Turning Point Brands (TPB) is traded on New York Stock Exchange in USA. It is located in 5201 Interchange Way, Louisville, KY, United States, 40229 and employs 373 people. Turning Point is listed under Tobacco category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.11 B. Turning Point Brands runs under Tobacco sector within Consumer Staples industry. The entity has 17.7 M outstanding shares of which 105.01 K shares are at this time shorted by investors with about 0.98 days to cover. Turning Point Brands has about 107.43 M in cash with 66.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.02.
Check Turning Point Probability Of Bankruptcy
Ownership Allocation
Turning Point Brands shows a total of 17.7 Million outstanding shares. The majority of Turning Point Brands outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Turning Point to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Turning Point Brands. Please pay attention to any change in the institutional holdings of Turning Point Brands as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Turning Ownership Details

Turning Stock Institutional Holders

InstituionRecorded OnShares
D. E. Shaw & Co Lp2024-09-30
241 K
Foundry Partners, Llc2024-09-30
191.3 K
Park West Asset Management Llc2024-09-30
189 K
Harspring Capital Management Llc2024-09-30
181.5 K
Millennium Management Llc2024-06-30
178.4 K
First Sabrepoint Capital Management Lp2024-09-30
174.2 K
Aristides Capital Llc2024-09-30
168.6 K
Franklin Resources Inc2024-09-30
157.1 K
Bank Of Montreal2024-06-30
156.6 K
Morgan Stanley - Brokerage Accounts2024-06-30
2.5 M
Blackrock Inc2024-06-30
1.5 M
View Turning Point Diagnostics

Turning Point Historical Income Statement

At present, Turning Point's Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 21.6 M, whereas Selling General Administrative is forecasted to decline to about 69.8 M. View More Fundamentals

Turning Stock Against Markets

Turning Point Corporate Directors

John CharnovichChief DirectorProfile
Assia GrazioliVenierIndependent DirectorProfile
Peggy HebardIndependent DirectorProfile
H DiaoIndependent DirectorProfile
When determining whether Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turning Point. If investors know Turning will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turning Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.178
Dividend Share
0.275
Earnings Share
2.49
Revenue Per Share
23.183
Quarterly Revenue Growth
0.041
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turning Point's market value can be influenced by many factors that don't directly affect Turning Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.