Turning Point Brands Stock Today
| TPB Stock | USD 39.51 0.30 0.75% |
Performance17 of 100
| Odds Of DistressLess than 9
|
Turning Point is trading at 39.51 as of the 9th of September 2024, a 0.75 percent decrease since the beginning of the trading day. The stock's open price was 39.81. Turning Point has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for Turning Point Brands are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of September 2022 and ending today, the 9th of September 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 11th of May 2016 | Category Consumer Defensive | Classification Consumer Staples |
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products. Turning Point Brands, Inc. was founded in 1988 and is headquartered in Louisville, Kentucky. Turning Point operates under Tobacco classification in the United States and is traded on New York Stock Exchange. The company has 17.71 M outstanding shares of which 232.12 K shares are at this time shorted by investors with about 1.73 days to cover. More on Turning Point Brands
Moving together with Turning Stock
Moving against Turning Stock
Follow Valuation Options Odds of Bankruptcy
Check how we calculate scores
Turning Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Yavor Efremov | ||||
| Thematic Ideas | (View all Themes) | ||||
| Old Name | PrivateBancorp Inc | ||||
| Business Concentration | Tobacco, Food, Beverage & Tobacco, Consumer Defensive, NYSE Composite, Cigarettes, Tobacco Products, Consumer Staples, Tobacco, Tobacco, Consumer Defensive (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsTurning Point can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Turning Point's financial leverage. It provides some insight into what part of Turning Point's total assets is financed by creditors.
| |||||
Turning Point Brands (TPB) is traded on New York Stock Exchange in USA. It is located in 5201 Interchange Way, Louisville, KY, United States, 40229 and employs 373 people. Turning Point is listed under Tobacco category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 699.88 M. Turning Point Brands runs under Tobacco sector within Consumer Staples industry. The entity has 17.71 M outstanding shares of which 232.12 K shares are at this time shorted by investors with about 1.73 days to cover.
Turning Point Brands has about 107.43 M in cash with 66.88 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.02.
Check Turning Point Probability Of Bankruptcy
Ownership AllocationTurning Point Brands shows a total of 17.71 Million outstanding shares. The majority of Turning Point Brands outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Turning Point to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Turning Point Brands. Please pay attention to any change in the institutional holdings of Turning Point Brands as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Turning Ownership Details
Turning Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Lord, Abbett & Co Llc | 2024-06-30 | 253.9 K | |
| D. E. Shaw & Co Lp | 2024-06-30 | 235.7 K | |
| Foundry Partners, Llc | 2024-06-30 | 214.5 K | |
| Harspring Capital Management Llc | 2024-06-30 | 181.5 K | |
| Millennium Management Llc | 2024-06-30 | 178.4 K | |
| Franklin Resources Inc | 2024-06-30 | 164.6 K | |
| Bmo Capital Markets Corp. | 2024-03-31 | 156.6 K | |
| Bank Of Montreal | 2024-06-30 | 156.6 K | |
| Crawford Investment Counsel, Inc | 2024-06-30 | 156.6 K | |
| Vanguard Group Inc | 2024-06-30 | 1.6 M | |
| Blackrock Inc | 2024-06-30 | 1.5 M |
Turning Point Historical Income Statement
Turning Stock Against Markets
Turning Point Corporate Directors
| John Charnovich | Chief Director | Profile | |
| Assia GrazioliVenier | Independent Director | Profile | |
| Peggy Hebard | Independent Director | Profile | |
| H Diao | Independent Director | Profile |
Additional Information and Resources on Investing in Turning Stock
When determining whether Turning Point Brands offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Turning Point's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Turning Point Brands Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Turning Point Brands Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Turning Point Brands. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Is Tobacco space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turning Point. If investors know Turning will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turning Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.291 | Dividend Share 0.27 | Earnings Share 2.38 | Revenue Per Share 22.992 | Quarterly Revenue Growth 0.032 |
The market value of Turning Point Brands is measured differently than its book value, which is the value of Turning that is recorded on the company's balance sheet. Investors also form their own opinion of Turning Point's value that differs from its market value or its book value, called intrinsic value, which is Turning Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turning Point's market value can be influenced by many factors that don't directly affect Turning Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turning Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turning Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turning Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.