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Added to YB: 2026-09-21

Pitch date: 2026-09-17

TPB [bullish]

Turning Point Brands, Inc.

+0.15%

current return

Author Info

Trade Ideas Flow is an Ex-Equity PM & Quant (10y+ buy-side) curating the Open-Web Hedge Fund. Reading 100s of pitches weekly to find the signal. Sign up for the newsletter.

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

$1.4B

Pitch Price

$68.04

Price Target

N/A

Dividend

0.47%

EV/EBITDA

16.96

P/E

29.77

EV/Sales

2.79

Sector

Tobacco

Category

growth

Show full summary:
Thursday Tailwinds #7: Sep 17, 2026 - Turning Point Brands, Inc.

TPB (overview): Turning Point Brands is sacrificing near-term earnings to scale FRE and 50%-owned ALP ahead of an uncertain FDA decision: pouch net sales rose 480% to $130M in 2025 and Modern Oral reached 48% of Q2 2026 sales. The shares were $71.51, down ~30% over 12 months, as 2026 adjusted EBITDA guidance fell to $70M-$90M; approval could unlock the $7B U.S. market, but high-strength products may raise youth-risk concerns.

Read full article (3 min)