Professional
Added to YB: 2024-11-20
Pitch date: 2024-11-13
TPB [bullish]
Turning Point Brands, Inc.
+89.25%
current return
Author Info
No bio for this author
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
$2.0B
Pitch Price
$55.67
Price Target
N/A
Dividend
0.29%
EV/EBITDA
18.08
P/E
173.10
EV/Sales
4.73
Sector
Tobacco
Category
value
Seven Corners Capital Portfolio Holding: Turning Point Brands, Inc.
TPB: Up 65% YTD 2024. Steady compounding via Zig-Zag & Stoker's brands. NewGen segment struggles, now minimal. Potential activist target: separate legacy cash-flow biz from struggling vaping, increase dividend, reduce equity stakes in other cos. 15% position, cost basis $25.60. In portfolio since 2016 via SDI stake.
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