Turning Point Brands, Inc. (TPB)
NYSE: TPB · IEX Real-Time Price · USD
27.78
-0.35 (-1.24%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Turning Point Brands Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for TPB stock has a target of 34, which predicts an increase of 22.39% from the current stock price of 27.78.
Analyst Consensus: Strong Buy
* Price targets were last updated on Mar 12, 2024.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 1 | 1 | 1 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Strong Buy Reiterates $34 | Strong Buy | Reiterates | $34 | +22.39% | Mar 12, 2024 |
| Benchmark | Benchmark | Strong Buy Initiates $28 | Strong Buy | Initiates | $28 | +0.79% | Jun 6, 2023 |
| Barclays | Barclays | Buy → Hold Downgrades $28 → $22 | Buy → Hold | Downgrades | $28 → $22 | -20.81% | Oct 10, 2022 |
| Barclays | Barclays | Buy Maintains $38 → $28 | Buy | Maintains | $38 → $28 | +0.79% | Aug 31, 2022 |
| Craig-Hallum | Craig-Hallum | Strong Buy Initiates n/a | Strong Buy | Initiates | n/a | n/a | Jul 8, 2020 |
Financial Forecast
Revenue This Year
386.42M
from 405.39M
Decreased by -4.68%
Revenue Next Year
401.82M
from 386.42M
Increased by 3.99%
EPS This Year
3.03
from 2.01
Increased by 50.75%
EPS Next Year
3.22
from 3.03
Increased by 6.33%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 403.6M | 417.7M |
| Avg | 386.4M | 401.8M |
| Low | 373.2M | 389.9M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.4% | 8.1% |
| Avg | -4.7% | 4.0% |
| Low | -7.9% | 0.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.15 | 3.35 |
| Avg | 3.03 | 3.22 |
| Low | 2.94 | 3.13 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 56.7% | 10.5% |
| Avg | 50.7% | 6.3% |
| Low | 46.3% | 3.2% |
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.