Added to YB: 2024-07-18
Pitch date: 2024-07-17
TR [bullish]
Tootsie Roll Industries, Inc.
+30.38%
current return
Author Info
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Company Info
Tootsie Roll Industries, Inc., together with its subsidiaries, manufactures and sells confectionery products in the United States, Canada, Mexico, and internationally.
Market Cap
$2.7B
Pitch Price
$29.02
Price Target
N/A
Dividend
0.92%
EV/EBITDA
18.40
P/E
30.60
EV/Sales
3.60
Sector
Food Products
Category
dividend
3 Most Undervalued Dividend Kings Now - Tootsie Roll Industries
TR: Dividend King, 50+ yrs growth. Q1 sales -6%, EPS +16%. 3% EPS growth to 2029 via price hikes, innovation. Inflation risk, but lower freight costs. P/E 22 vs 30 fair value. 1.2% yield. Est. 10.7% annual return next 5yrs. Brands: Tootsie Roll, DOTS, Junior Mints, Andes, Charms, Blow-Pops, Sugar Daddy, Dubble Bubble.
Read full article (2 min)