Turning Point Brands, Inc. (TPB)
NYSE: TPB · Real-Time Price · USD
62.16
+0.32 (0.51%)
Nov 22, 2024, 12:27 PM EST - Market open
Turning Point Brands Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for TPB stock have an average target of 60, with a low estimate of 50 and a high estimate of 65. The average target predicts a decrease of -3.47% from the current stock price of 62.16.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for TPB stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 2 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 2 | 2 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Oppenheimer | Oppenheimer | Buy Initiates $65 | Buy | Initiates | $65 | +4.58% | Nov 14, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $45 → $65 | Strong Buy | Maintains | $45 → $65 | +4.58% | Nov 12, 2024 |
| Roth MKM | Roth MKM | Strong Buy Initiates $50 | Strong Buy | Initiates | $50 | -19.56% | Sep 19, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | -27.60% | Aug 2, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | -27.60% | Jun 5, 2024 |
Financial Forecast
Revenue This Year
413.22M
from 405.39M
Increased by 1.93%
Revenue Next Year
423.71M
from 413.22M
Increased by 2.54%
EPS This Year
3.06
from 2.01
Increased by 52.29%
EPS Next Year
3.19
from 3.06
Increased by 4.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 434.2M | 445.8M | 475.0M |
| Avg | 413.2M | 423.7M | 456.9M |
| Low | 394.9M | 404.0M | 443.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 7.1% | 7.9% | 12.1% |
| Avg | 1.9% | 2.5% | 7.8% |
| Low | -2.6% | -2.2% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.55 | 3.40 | 3.81 |
| Avg | 3.06 | 3.19 | 3.67 |
| Low | 2.63 | 3.02 | 3.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 76.6% | 11.2% | 19.4% |
| Avg | 52.3% | 4.3% | 14.9% |
| Low | 30.7% | -1.4% | 11.5% |
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.