TPB

Turning Point Brands Inc

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Advanced Chart

99.250

+1.77(1.816%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

100.815

Open

97.000

VWAP

98.91

Vol

728.13K

Mkt Cap

1.79B

Low

96.770

Amount

72.02M

EV/EBITDA(TTM)

18.26

Total Shares

17.62M

1.95B

EV/OCF(TTM)

41.54

P/S(TTM)

4.41

Turning Point Brands, Inc. is a manufacturer, marketer and distributor of branded consumer products. It sells a range of products to adult consumers, consisting of staple products under the brands Zig-Zag and Stoker’s. Its segments include Zig-Zag Products (Zig-Zag) and Stoker’s Products (Stoker’s). Zig-Zag principally markets and distributes rolling papers, tubes, and related products; finished cigars and make-your-own cigar wraps, and other accessories. It introduced Zig-Zag ‘Rillo-sized wraps, which are similar in size to cigarillos, a type of machine-made cigars. Stoker’s manufactures and markets moist snuff tobacco (MST) and contract for and market FRE, its modern oral product and contract for and market loose-leaf chewing tobacco products. Its products are available in approximately 200,000 in the United States retail locations which, with the addition of retail stores in Canada, brings its total North American retail presence to an estimated 220,000 points of distribution.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

114.16M

+7.26%

111.32M

+18.85%

111.42M

+5.5%

Estimates Revision

The market is revising Upward the revenue expectations for Turning Point Brands, Inc. (TPB) for FY2025, with the revenue forecasts being adjusted by 3.26% over the past three months. During the same period, the stock price has changed by 35.77%.

Revenue Estimates for FY2025

Revise Upward

+3.26%

In Past 3 Month

Stock Price

Go Up

+35.77%

In Past 3 Month

5 Analyst Rating

-11.34% Downside

Wall Street analysts forecast TPB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TPB is 88.00 USD with a low forecast of 85.00 USD and a high forecast of 92.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

4 Buy

1 Hold

0 Sell

Strong Buy

-11.34% Downside

Current: 99.250

Low

85.00

Averages

88.00

High

92.00

-11.34% Downside

Current: 99.250

Low

85.00

Averages

88.00

High

92.00

Oppenheimer

Ian Zaffino

Outperform

maintain

$85 -> $98

2025-08-07

Reason

Oppenheimer

Ian Zaffino

Price Target

$85 -> $98

2025-08-07

maintain

Outperform

Reason

Oppenheimer analyst Ian Zaffino raised the firm's price target on Turning Point Brands to $98 from $85 and keeps an Outperform rating on the shares. The firm says that driven by strength in Modern Oral/white pouch, Turning Point reported Q2 revenue of $117M, ahead of its/Street's $108M/$105M estimates. Oppenheimer cites increased confidence in FRE/Alp's growth trajectory.

Needham

Hold

initiated

2025-08-01

Reason

Needham

Price Target

2025-08-01

initiated

Hold

Reason

Needham initiated coverage of Turning Point Brands with a Hold rating and no price target. The firm sees a lot to like about Turning Point, namely its nicotine pouch opportunity and growing legacy Stoker's smokeless tobacco business. However, much of the good news and "very lofty" expectations around the nicotine pouch opportunity are already priced into the stock, the analyst tells investors in a research note.

Roth Capital

Buy

upgrade

$75 -> $90

2025-05-08

Reason

Roth Capital

Price Target

$75 -> $90

2025-05-08

upgrade

Buy

Reason

Roth Capital raised the firm's price target on Turning Point Brands to $90 from $75 and keeps a Buy rating on the shares. The company handily beat Q1 expectations, driven by its Modern Oral segment, the analyst tells investors in a research note. Clipper rationalization and strategically de-prioritizing certain cigar SKUs to mitigate tariff exposure may drag on ZigZag sales however, the firm adds.

Roth MKM

Scott Fortune

Strong Buy

Reiterates

$70

2025-01-10

Reason

Roth MKM

Scott Fortune

Price Target

$70

2025-01-10

Reiterates

Strong Buy

Reason

Roth MKM

Scott Fortune

Strong Buy

Reiterates

$55 → $70

2024-12-17

Reason

Roth MKM

Scott Fortune

Price Target

$55 → $70

2024-12-17

Reiterates

Strong Buy

Reason

Roth MKM analyst Nick Anderson raised the firm's price target on Turning Point Brands to $70 from $55 and keeps a Buy rating on the shares. The firm is citing the ongoing momentum within the nicotine pouch category, both within its own FRE brand and in its announced JV with Alp, which enhances the company's visibility as a key player in the U.S. nicotine pouch market, the analyst tells investors in a research note. Roth MKM adds that Turning Point's core revenue segments remain free cash flow positive, which should allow for non-dilutive investment in expanding within the rapidly growing pouch category.

Craig-Hallum

Eric Des Lauriers

Strong Buy

Maintains

$60 → $75

2024-12-05

Reason

Craig-Hallum

Eric Des Lauriers

Price Target

$60 → $75

2024-12-05

Maintains

Strong Buy

Reason

Virtual Meeting to be held with CEO Purdy and CFO Flynn on December 3 hosted by Craig-Hallum.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Turning Point Brands Inc (TPB.N) is 32.31, compared to its 5-year average forward P/E of 15.12. For a more detailed relative valuation and DCF analysis to assess Turning Point Brands Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Strongly Overvalued

5Y Average PE

15.12

Current PE

32.31

Overvalued PE

20.32

Undervalued PE

9.92

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Strongly Overvalued

5Y Average EV/EBITDA

9.56

Current EV/EBITDA

16.91

Overvalued EV/EBITDA

11.64

Undervalued EV/EBITDA

7.49

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Strongly Overvalued

5Y Average PS

1.64

Current PS

3.88

Overvalued PS

2.28

Undervalued PS

0.99