Turning Point Brands, Inc. (TPB)
NYSE: TPB · Real-Time Price · USD
46.99
+0.26 (0.56%)
Oct 29, 2024, 4:00 PM EDT - Market closed
Turning Point Brands Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TPB stock have an average target of 47.5, with a low estimate of 45 and a high estimate of 50. The average target predicts an increase of 1.09% from the current stock price of 46.99.
Analyst Consensus: Strong Buy
* Price targets were last updated on Sep 19, 2024.
Analyst Ratings
The average analyst rating for TPB stock from 2 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 2 | 2 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| 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 | 1 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Roth MKM | Roth MKM | Strong Buy Initiates $50 | Strong Buy | Initiates | $50 | +6.41% | Sep 19, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | -4.23% | Aug 2, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $45 | Strong Buy | Reiterates | $45 | -4.23% | Jun 5, 2024 |
| Benchmark | Benchmark | Strong Buy Maintains $34 → $45 | Strong Buy | Maintains | $34 → $45 | -4.23% | May 3, 2024 |
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | -27.64% | Mar 12, 2024 |
Financial Forecast
Revenue This Year
412.08M
from 405.39M
Increased by 1.65%
Revenue Next Year
423.60M
from 412.08M
Increased by 2.80%
EPS This Year
3.28
from 2.01
Increased by 63.35%
EPS Next Year
3.27
from 3.28
Decreased by -0.31%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 431.5M | 445.8M | 475.0M |
| Avg | 412.1M | 423.6M | 456.9M |
| Low | 394.9M | 404.0M | 443.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.4% | 8.2% | 12.1% |
| Avg | 1.6% | 2.8% | 7.9% |
| Low | -2.6% | -2.0% | 4.7% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.41 | 3.40 |
| Avg | 3.28 | 3.27 |
| Low | 3.19 | 3.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 69.8% | 3.6% |
| Avg | 63.4% | -0.3% |
| Low | 58.5% | -3.3% |
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.