Turning Point Brands (TPB) Soars 5.1%: Is Further Upside Left in the Stock?

Group 1 - Turning Point Brands (TPB) shares increased by 5.1% to close at $78.39, supported by higher trading volume compared to normal sessions, contrasting with a 1.4% loss over the past four weeks [1] - The growth in the modern oral segment, particularly from nicotine pouch sales and market penetration, is driving optimism for Turning Point Brands [2] - The company is projected to report quarterly earnings of $0.79 per share, reflecting an 11.2% decrease year-over-year, with expected revenues of $105.55 million, down 2.7% from the previous year [3] Group 2 - The consensus EPS estimate for Turning Point Brands has remained stable over the last 30 days, indicating that stock price increases may not sustain without earnings estimate revisions [4] - Turning Point Brands holds a Zacks Rank of 3 (Hold), while Altria (MO), another stock in the tobacco industry, has a Zacks Rank of 2 (Buy) and finished the last trading session at $58.48, up 0.6% [5][6]