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Turning Point Brands, Inc. (NYSE: TPB) Sees Positive Analyst Rating and Growth in Sales
Financial Modeling Prepยท 2025-11-06 02:10
Company Overview - Turning Point Brands, Inc. (NYSE:TPB) specializes in manufacturing, marketing, and distributing branded consumer products, operating through segments like Stoker's and Zig-Zag [1] Recent Rating Update - Oppenheimer upgraded TPB to "Outperform" with a stock price of approximately $98.74, indicating expectations for better performance than the overall market [2][6] Financial Performance - In Q3 2025, TPB reported a 31.2% increase in total consolidated net sales, reaching $119 million compared to the same period in 2024, driven primarily by the Stoker's segment which saw an 80.8% increase in net sales [3][6] - The Zig-Zag segment experienced a 10% decline in net sales, indicating mixed performance across product lines [3] Stock Performance - TPB's stock price is currently at $101.23, reflecting a 6.36% increase or $6.05, with fluctuations between a low of $94.50 and a high of $110.33 on the same day [4][6] - Over the past year, TPB's stock reached a high of $110.35 and a low of $47.53, demonstrating significant volatility [4] Market Capitalization and Trading Volume - TPB's market capitalization is approximately $1.82 billion, with a trading volume of 1,379,296 shares on the NYSE, indicating strong market presence and investor interest [5]