Turning Point Brands Inc [NYSE: TPB] stock went on an upward path that rose over 1.42% on Friday, amounting to a one-week price decrease of less than -0.38%.
Over the last 12 months, TPB stock rose by 117.52%. The one-year Turning Point Brands Inc stock forecast points to a potential upside of 18.93. The average equity rating for TPB stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.31 billion, with 17.90 million shares outstanding and 16.54 million shares in the current float. Compared to the average trading volume of 220.42K shares, TPB stock reached a trading volume of 129425 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Turning Point Brands Inc [TPB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TPB shares is $90.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TPB stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Alliance Global Partners have made an estimate for Turning Point Brands Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on March 03, 2025. While these analysts kept the previous recommendation, Oppenheimer raised their target price to Outperform. The new note on the price target was released on November 14, 2024, representing the official price target for Turning Point Brands Inc stock. Previously, the target price had yet another raise to $50, while ROTH MKM analysts kept a Buy rating on TPB stock.
The Average True Range (ATR) for Turning Point Brands Inc is set at 2.76, with the Price to Sales ratio for TPB stock in the period of the last 12 months amounting to 3.17. The Price to Book ratio for the last quarter was 6.58, with the Price to Cash per share for the same quarter was set at 5.57. Price to Free Cash Flow for TPB in the course of the last twelve months was 23.77 with Quick ratio for the last quarter at 2.45.
TPB Stock Performance Analysis:
Turning Point Brands Inc [TPB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.38. With this latest performance, TPB shares gained by 23.98% in over the last four-week period, additionally plugging by 20.22% over the last 6 months – not to mention a rise of 117.52% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TPB stock in for the last two-week period is set at 63.20, with the RSI for the last a single of trading hit 62.93, and the three-weeks RSI is set at 62.33 for Turning Point Brands Inc [TPB]. The present Moving Average for the last 50 days of trading for this stock 62.53, while it was recorded at 73.11 for the last single week of trading, and 55.31 for the last 200 days.
Insight into Turning Point Brands Inc Fundamentals:
Turning Point Brands Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.45 and a Current Ratio set at 4.42.
Turning Point Brands Inc [TPB] Institutonal Ownership Details
There are presently around $87.65%, or 91.91%% of TPB stock, in the hands of institutional investors. The top three institutional holders of TPB stocks are: VANGUARD GROUP INC with ownership of 1.56 million shares, which is approximately 8.8476%. BLACKROCK INC., holding 1.53 million shares of the stock with an approximate value of $$49.1 million in TPB stocks shares; and BLACKROCK INC., currently with $$44.09 million in TPB stock with ownership which is approximately 7.7806%.
