Toughbuilt Industries, Inc. (TBLT)

NASDAQ: TBLT · IEX Real-Time Price · USD
2.22
+0.12 (5.71%)
At close: Oct 4, 2022 4:00 PM
2.21
-0.01 (-0.45%)
After-hours: Oct 4, 2022 7:57 PM EDT
5.71%
Market Cap 27.36M
Revenue (ttm) 77.00M
Net Income (ttm) -48.29M
Shares Out 12.33M
EPS (ttm) -56.45
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 567,776
Open 2.13
Previous Close 2.10
Day's Range 2.13 - 2.24
52-Week Range 1.34 - 92.85
Beta 3.12
Analysts Buy
Price Target 6.12 (+175.7%)
Earnings Date Nov 11, 2022

About TBLT

ToughBuilt Industries, Inc. designs, develops, manufactures, and distributes home improvement and construction products for the building industry in the United States and internationally. It offers tool pouches, tool rigs, tool belts and accessories, tools bags, totes, various storage solutions, and office organizers/bags for laptop/tablet/cellphones, etc.; and kneepads. The company also provides sawhorses, miter saws, table saws, roller stands, and workbenches; sawhorse/jobsite tables; and digital measure and levels. It offers its products und... [Read more...]

Industry Textiles, Apparel & Luxury Goods
IPO Date Nov 9, 2018
CEO Michael Panosian
Employees 185
Stock Exchange NASDAQ
Ticker Symbol TBLT
Full Company Profile

Financial Performance

In 2021, TBLT's revenue was $70.03 million, an increase of 77.58% compared to the previous year's $39.43 million. Losses were -$37.53 million, 116.3% more than in 2020.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TBLT stock is "Buy." The 12-month stock price forecast is 6.12, which is an increase of 175.68% from the latest price.

Price Target
$6.12
(175.68% upside)
Analyst Consensus: Buy
Stock Forecasts

News

ToughBuilt Industries Inc. Launches a Comprehensive Line of Innovative Striking Tools

IRVINE, Calif., Oct. 03, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), has announced today the launch of an all-new line of striking tools, including an inno...

1 day ago - GlobeNewsWire

ToughBuilt Industries Expands Retail Network in the United Kingdom

IRVINE, Calif., Sept. 29, 2022 (GLOBE NEWSWIRE) -- Today, ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW) -- has today announced major expansions to its network of storefronts in Great ...

5 days ago - GlobeNewsWire

ToughBuilt Industries Launches Full Line of Hand Saws

IRVINE, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today the Company's launch of 21 new SKUs into the global handsaws segment,...

1 week ago - GlobeNewsWire

ToughBuilt Industries Announces Expansion of Trade Partnerships with Switzerland's Largest Tool Wholesale Groups

IRVINE, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), today announced the Company has entered an agreement with two major wholesale tool di...

1 week ago - GlobeNewsWire

ToughBuilt Industries Enters the Global Measuring and Marking Category With a Feature-Rich Line of Products

IRVINE, Calif., Sept. 19, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today the Company's entrance into the global measuring and marking market s...

2 weeks ago - GlobeNewsWire

7 Penny Stocks That Actually Have a Buy Rating

Finding penny stocks with buy ratings is becoming increasingly difficult. The higher interest rates go, the more risk-averse the markets become.

Other symbols: AGENCORZHYREMNKDNNDM
2 weeks ago - InvestorPlace

ToughBuilt Industries Announces Second Quarter 2022 Results

Company reports revenues of $17.9 million, a 13% year-over-year increase Company reports revenues of $17.9 million, a 13% year-over-year increase

1 month ago - GlobeNewsWire

ToughBuilt Industries to Report Second Quarter 2022 Financial Results on August 19, 2022

Earnings Conference Call to be held at 5:00 p.m. (EST) Earnings Conference Call to be held at 5:00 p.m. (EST)

1 month ago - GlobeNewsWire

TBLT, USWS: The Top 5 Short Squeeze Stocks to Watch This Week

Source: Shutterstock We're diving into the top short squeeze stocks that traders will want to keep an eye on this week! Short-squeeze stocks are popular with a certain brand of traders.

Other symbols: HOURMICSNNUSWS
1 month ago - InvestorPlace

ToughBuilt Industries Launches the World's First Magazine-Fed, Auto-Reloading Retractable Utility Knife

IRVINE, Calif., Aug. 15, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), has announced today the launch of their all-new Reload Utility Knife, a groundbreaking...

1 month ago - GlobeNewsWire

7 Short-Term Stocks to Buy for a Quick Profit

While most people don't like to see red ink in their investment portfolios, at the same time, that negative print comes from volatility — and volatility in either direction presents opportunities for sh...

Other symbols: CMPOCSSEFATGLSIREVSNDL
1 month ago - InvestorPlace

TBLT, RDBX: The Top 5 Short Squeeze Stocks to Watch This Week

Source: g0d4ather / Shutterstock.com Short squeeze stocks are still a hot topic this week and we're listing five of the shares investors will want to watch! Our list of short squeeze stocks to watch com...

Other symbols: HOURPETZREV
1 month ago - InvestorPlace

TBLT, HOUR: 5 Top Short Squeeze Stocks to Watch This Week

Source: Shutterstock Short squeeze stocks are still on the minds of traders looking for shares that could experience major growth this week. Luckily for them, Fintel has it covered with its Short Squeez...

Other symbols: DTCHOURNNRMO
2 months ago - InvestorPlace

ToughBuilt Industries Launches 93 Products on Amazon Italy and Amazon Germany

LAKE FOREST, Calif., Aug. 01, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. ("ToughBuilt") (NASDAQ: TBLT; TBLTW), announced today that the Company has started to sell 93 ToughBuilt products on Am...

2 months ago - GlobeNewsWire

ToughBuilt (TBLT) Stock Continues to Soar on Ace Hardware News

Source: Cat Act Art / Shutterstock.com ToughBuilt (NASDAQ: TBLT ) stock is continuing to rally on Friday as investors push shares higher on Ace Hardware news. The recent rise in TBLT stock comes after t...

2 months ago - InvestorPlace

ToughBuilt (TBLT) Stock Soars on Agreement With Ace Hardware

Typically under-the-radar ToughBuilt (NASDAQ: TBLT ) is trending on social media, as the company just issued a crucial press release. Apparently, ToughBuilt plans to launch its products in Ace Hardware ...

2 months ago - InvestorPlace

ToughBuilt stock soars on heavy volume after Ace Hardware pact, to round out a very volatile two weeks

Shares of ToughBuilt Industries Inc. TBLT, +24.45% soared 33.2% in very active morning trading Thursday, after the tools maker announced an agreement to sell 35 of its products in Ace Hardware stores na...

2 months ago - Market Watch

ToughBuilt shares drop 26% as firm announces $20m stock offering

ToughBuilt Industries (NASDAQ: TBLT) ended the Monday, July 25, trading session down by 26.32% after announcing a stock offering.

2 months ago - Finbold

TBLT Stock Alert: Dilution Fears Drag ToughBuilt Industries Down 30%

Toughbuilt has made a last-ditch attempt to grow by offering more shares at a discount. Here's why this is bad news for TBLT stock.

2 months ago - InvestorPlace

5 Top Short Squeeze Stocks to Watch This Week

We're checking back in on short squeeze stocks this week with a look at the top shares traders will want to keep an eye on! The post 5 Top Short Squeeze Stocks to Watch This Week appeared first on Inves...

Other symbols: BHATCSSEHOURPEI
2 months ago - InvestorPlace

ToughBuilt Industries Announces $20 Million Private Placement Priced at a Premium to Market under Nasdaq Rules

LAKE FOREST, Calif., July 25, 2022 (GLOBE NEWSWIRE) -- ToughBuilt Industries, Inc. (“ToughBuilt” or the “Company”) (NASDAQ: TBLT; TBLTW), today announced that it has entered into definitive agreements w...

2 months ago - GlobeNewsWire

ToughBuilt (TBLT) Stock Surges 30% Higher on Short Squeeze Hopes

Investor interest in ToughBuilt and TBLT stock remains incredibly high, as short squeeze speculators drive shares more than 30% higher today. The post ToughBuilt (TBLT) Stock Surges 30% Higher on Short ...

2 months ago - InvestorPlace

ToughBuilt (TBLT) Stock Squeezes 60% Higher

Investors in ToughBuilt have had an incredible day, as TBLT stock soared more than 60% intraday on what appears to be a squeeze. The post ToughBuilt (TBLT) Stock Squeezes 60% Higher appeared first on In...

2 months ago - InvestorPlace

ToughBuilt Industries (TBLT) Stock Soars 35% on Amazon Sales Report

TBLT stock was up big this morning as ToughBuilt Industries revealed strong sales at Amazon. Here's what that implies.

2 months ago - InvestorPlace

ToughBuilt Industries Stock Is Soaring On This Amazon Update

ToughBuilt Industries Inc (NASDAQ: TBLT) shares are trading higher Monday after the company announced its second-quarter sales through Amazon.com Inc (NASDAQ: AMZN) totaled $3.56 million, representing a...

2 months ago - Benzinga