Added to YB: 2024-10-18
Pitch date: 2024-10-14
TPB [bullish]
Turning Point Brands, Inc.
+213.4%
current return
Author Info
Thomas Niel is a value investor seeking opportunities in micro-cap and nano-cap stocks.
Company Info
Turning Point Brands, Inc., together with its subsidiaries, manufactures, markets, and distributes branded consumer products in the United States and Canada.
Market Cap
$2.5B
Pitch Price
$42.21
Price Target
90.00 (-32%)
Dividend
0.23%
EV/EBITDA
23.11
P/E
223.84
EV/Sales
6.05
Sector
Tobacco
Category
growth
Turning Point Brands: Why This Tobacco Stock Winner Has More Room To Run
TPB: Strong growth in smokeless tobacco & rolling papers, esp. FRE nicotine pouches (76% QoQ). Refocus on core biz driving 31% Q2 net income growth. Trading at 15.7x fwd P/E vs PM's 19.3x. $90 PT in 2 years (2.13x upside) on 20-25x 2026E EPS. Risks: regulatory scrutiny on pouches.
Read full article (7 min)