Turning Point Brands Inc (TPB) Stock AnalysisTPBTurning Point Brands Inc

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. It operates in the Consumer Non-Cyclicals sector (TOBACCO PRODUCTS industry).

Turning Point Brands Inc is currently not a strong buy due to recent leadership changes and lowered profit guidance, despite a current price of $57.38. The RSI is at 36.185, indicating potential oversold conditions, but the forward P/E ratio is high at 38.1679, suggesting that the stock may be overvalued relative to its earnings potential. The main risk is the lowered EBITDA forecast, now between $70 million and $80 million, which could further impact investor confidence and stock performance.

2 analysts cover TPB: 2 rate it Buy, 0 Hold and 0 Sell. The average price target is 116.67.