Turning Point Brands Inc [TPB] stock prices are up 8.74% to $67.16 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The TPB shares have gain 6.60% over the last week, with a monthly amount glided 17.39%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Turning Point Brands Inc [NYSE: TPB] stock has seen the most recent analyst activity on November 14, 2024, when Oppenheimer initiated its Outperform rating and assigned the stock a price target of $65. Previously, ROTH MKM started tracking the stock with Buy rating on September 19, 2024, and set its price target to $50. On June 06, 2023, The Benchmark Company initiated with a Buy rating and assigned a price target of $28 on the stock. Barclays downgraded its rating to a Equal Weight and decreased its price target to $22 on October 10, 2022. B. Riley Securities reiterated its recommendation of a Buy and raised its price target to $43 on October 28, 2020. Barclays started tracking with a Overweight rating for this stock on October 05, 2020, and assigned it a price target of $38. In a note dated July 08, 2020, Craig Hallum initiated an Buy rating and provided a target price of $40 on this stock.
The stock price of Turning Point Brands Inc [TPB] has been fluctuating between $21.98 and $66.18 over the past year. Turning Point Brands Inc [NYSE: TPB] shares were valued at $67.16 at the most recent close of the market.
Analyzing the TPB fundamentals
The Turning Point Brands Inc [NYSE:TPB] reported sales of 408.31M for trailing twelve months, representing a surge of 3.83%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.16%, and Net Profit Margin reading is 0.1%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.28 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.4.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.97 points at the first support level, and at 60.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.88, and for the 2nd resistance point, it is at 70.61.
Ratios To Look Out For
It’s worth pointing out that Turning Point Brands Inc [NYSE:TPB]’s Current Ratio is 4.21. Further, the Quick Ratio stands at 1.64, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 2.91, the price to book ratio is 6.41 and price to earnings (TTM) ratio is 26.87.
Transactions by insiders
Recent insider trading involved Baxter Gregory H.A., Director, that happened on Aug 23 ’24 when 5683.0 shares were sold. Director, Baxter Gregory H.A. completed a deal on Aug 20 ’24 to sell 2000.0 shares. Meanwhile, Chief Strategy Officer De Plano Lorenzo bought 4000.0 shares on Jun 17 ’24.
