Turning Point Brands, Inc. (TPB)
NYSE: TPB · IEX Real-Time Price · USD
32.39
+0.13 (0.40%)
Jun 26, 2024, 12:55 PM EDT - Market open

Turning Point Brands Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for TPB stock has a target of 45, which predicts an increase of 38.93% from the current stock price of 32.39.

Analyst Consensus: Strong Buy
Target Low Average Median High
Price $45 $45 $45 $45
Change +38.93% +38.93% +38.93% +38.93%

Analyst Ratings

According to 1 stock analyst, the rating for TPB is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating Jan '24Feb '24Mar '24Apr '24May '24Jun '24
Strong Buy 111111
Buy 000000
Hold 110000
Sell 000000
Strong Sell 000000
Total 221111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Strong Buy
Reiterates
$45
Strong Buy Reiterates $45 +38.93% Jun 5, 2024
Benchmark
Benchmark
Strong Buy
Maintains
$34$45
Strong Buy Maintains $34$45 +38.93% May 3, 2024
Benchmark
Benchmark
Strong Buy
Reiterates
$34
Strong Buy Reiterates $34 +4.97% Mar 12, 2024
Benchmark
Benchmark
Strong Buy
Initiates
$28
Strong Buy Initiates $28 -13.55% Jun 6, 2023
Barclays
Barclays
Hold
Downgrades
$28$22
Hold Downgrades $28$22 -32.08% Oct 10, 2022
More Analyst Ratings

Financial Forecast

Revenue This Year
393.33M
from 405.39M
Decreased by -2.98%
Revenue Next Year
406.59M
from 393.33M
Increased by 3.37%
EPS This Year
3.16
from 2.01
Increased by 57.28%
EPS Next Year
3.15
from 3.16
Decreased by -0.48%
Year 2019202020212022202320242025
Revenue
361.99M405.11M445.47M415.01M405.39M393.33M406.59M
Revenue Growth
8.81%11.91%9.96%-6.84%-2.32%-2.98%3.37%
EPS
0.781.852.520.642.013.163.15
EPS Growth
-39.06%137.18%36.22%-74.60%214.06%57.28%-0.48%
Forward PE
-----10.2510.30
No. Analysts -----33
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025
High 410.5M 425.5M
Avg 393.3M 406.6M
Low 380.2M 391.9M

Revenue Growth

Revenue Growth 20242025
High
1.2%
8.2%
Avg
-3.0%
3.4%
Low
-6.2%
-0.4%

EPS Forecast

EPS 20242025
High 3.29 3.38
Avg 3.16 3.15
Low 3.07 2.95

EPS Growth

EPS Growth 20242025
High
63.5%
6.9%
Avg
57.3%
-0.5%
Low
52.6%
-6.7%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.