Latest news with #TurningPointBrands
Yahoo
5 days ago
- Business
- Yahoo
Altria Trades at a Bargain: Is it a Good Time to Buy the Stock?
Altria Group, Inc. MO is currently trading at an attractive discount compared to its industry peers and the broader market, making it a potential value pick for long-term investors. MO stock trades at a forward 12-month price-to-earnings (P/E) ratio of 10.81, notably lower than the industry average of 15.73 and the S&P 500's average of 21.85. Backing this valuation, the stock holds a Zacks Value Score of B, underscoring its strong fundamentals and appealing valuation profile. Image Source: Zacks Investment Research When compared to leading competitors, Altria's relative undervaluation stands out even more. Philip Morris International Inc. PM and Turning Point Brands TPB trade at significantly higher forward P/E ratios of 21.18 and 21.07, respectively. Meanwhile, British American Tobacco p.l.c. BTI trades at a slightly lower P/E of 10.49, still comparable to Altria. Despite favorable valuations, MO's recent stock performance suggests a possible entry point. The stock has gained 1.8% over the past three months, underperforming the industry average growth of 17.1%, the S&P 500's 5.4% return, and competitors like Philip Morris (+19%), Turning Point Brands (+30.8%), and British American Tobacco (+18.5%). Image Source: Zacks Investment Research As of June 17, 2025, Altria stock closed at $58.99, approximately 3.7% below its 52-week high of $61.26 (hit on May 7, 2025). Importantly, MO is trading above both its 50-day and 200-day moving averages, signaling underlying bullish momentum and investor confidence. Image Source: Zacks Investment Research With a combination of undervaluation, solid fundamentals, and potential technical upside, Altria may offer a compelling opportunity for value-focused investors looking to capitalize on the evolving tobacco landscape. Altria is accelerating its shift toward a smoke-free future, with its oral nicotine pouch brand on! emerging as a key growth engine. In the first quarter of 2025, on! shipments surged 18% year over year, surpassing 39 million cans. The brand gained 1.8 share points in the oral tobacco category, reaching 8.8%, while also increasing its nicotine pouch market share to 17.9%. These gains came despite higher retail pricing and optimized promotional spending, underscoring on!'s strong brand equity and consumer loyalty. This momentum reflects Altria's successful efforts to align its product portfolio with evolving consumer demand for reduced-risk products (RRPs). Similar to Altria, major tobacco companies such as Philip Morris, British American Tobacco and Turning Point Brands are also accelerating their transition toward smoke-free pricing power remains a critical pillar of Altria's growth strategy. The company continues to leverage strategic price increases to offset soft volumes in traditional cigarette segments and navigate a challenging regulatory landscape. In the first quarter, higher pricing supported revenue growth across both the Smokeable Products and Oral Tobacco segments. The company's ability to sustain profitability — even amid cigarette volume declines — demonstrates its pricing resilience. Altria projects 2025 adjusted earnings per share (EPS) between $5.30 and $5.45, reflecting up to 5% year-over-year growth from a base of $5.19 in 2024 (excluding intangible asset amortization), reinforcing the strength of its operating drive long-term value creation, Altria has introduced its 'Optimize & Accelerate' initiative, a forward-looking program designed to improve speed, agility and cost efficiency. The initiative enables the company to reinvest in innovation and support its smoke-free transformation. In addition, Altria is actively retooling its e-vapor platform through NJOY, following recent regulatory setbacks. Altria remains committed to offering science-based, regulated vapor products that meet the evolving preferences of adult consumers. These strategic moves position Altria to lead the next generation of nicotine innovation. Reflecting positive sentiment around Altria, the Zacks Consensus Estimate for EPS has seen upward revisions. Over the past 30 days, the estimate for the current year has increased by 4 cents to $5.39, while the estimate for next year has risen by a cent to $5.55. These upward revisions signal improving sentiment among analysts. Based on current projections, MO is expected to deliver year-over-year EPS growth of 5.3% this year and 3% next year. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Image Source: Zacks Investment Research Given Altria's attractive valuation, solid earnings outlook, and strategic push toward smoke-free products, the stock appears well-positioned for value-focused investors seeking stable returns in a transforming industry. While regulatory headwinds and market competition persist, MO's strong pricing power, growing presence in reduced-risk products, and favorable analyst revisions suggest a compelling long-term opportunity in the tobacco space. At present, Altria carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Altria Group, Inc. (MO) : Free Stock Analysis Report Philip Morris International Inc. (PM) : Free Stock Analysis Report British American Tobacco p.l.c. (BTI) : Free Stock Analysis Report Turning Point Brands, Inc. (TPB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
6 days ago
- Business
- Yahoo
Turning Point Brands Sees Insider Selling Amid Strong Gains
Turning Point Brands, Inc. (NYSE:TPB) is among the best bear market stocks to buy according to analysts. Graham Purdy, President and CEO of Turning Point Brands, Inc. (NYSE:TPB), sold 21,400 shares worth $1,602,646. This 8.6% reduction in stake means that 227,466 shares of this class are now owned. Just recently, Brittani Cushman, Senior Vice President and General Counsel at Turning Point Brands, Inc. (NYSE:TPB), also sold 15,000 shares in two days at prices between $74.36 and $75.89 per share. This transaction of approximately $1.13 million comes as a result of healthy returns of nearly 136% in the past year. A worker athlete with a rolling paper held in hand, smoking from the finished cigar. These transactions are a part of the ongoing management strategy of the equity holdings in response to the company's impressive performance in the recent quarter. Turning Point Brands, Inc. (NYSE:TPB) reported strong financial results that not only surpassed revenue estimates but also earnings forecasts. Turning Point Brands, Inc. (NYSE:TPB) is a Kentucky-based company that produces and distributes branded consumer products across the United States and Canada. Founded in 1988, the company delivers its products to wholesale distributors and retail merchants. With two main segments: Zig-Zag Products and Stoker's Products, the giant lives by the principles of accountability and integrity. While we acknowledge the potential of TPB as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
07-05-2025
- Business
- Yahoo
Turning Point Brands: Q1 Earnings Snapshot
LOUISVILLE, Ky. (AP) — LOUISVILLE, Ky. (AP) — Turning Point Brands, Inc. (TPB) on Wednesday reported profit of $14.4 million in its first quarter. The Louisville, Kentucky-based company said it had profit of 79 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 91 cents per share. The company posted revenue of $106.4 million in the period. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on TPB at
Yahoo
02-05-2025
- Business
- Yahoo
Is Turning Point Brands, Inc. (TPB) Among the Best Tobacco and Cigarette Stocks to Buy Now?
We recently compiled a list of the 10 Best Tobacco and Cigarette Stocks to Buy Now. In this article, we are going to take a look at where Turning Point Brands, Inc. (NYSE:TPB) stands against the other Tobacco and Cigarette stocks. Cigarette and tobacco stocks are companies that produce and sell cigars, snuff, chewing tobacco, cigarettes, e-cigarettes, and all other tobacco products. The tobacco industry has long been a huge winner for investors. Tobacco companies were among the top performers during the 20th century because of their reputation for providing investors with substantial dividend yields as well as their addictive, extremely profitable, and recession-proof product. However, tobacco firms now confront a different set of challenges. Globally, smoking rates have been progressively declining, particularly in the United States, as a result of growing legislation and health concerns. The industry has attempted to shift to next-generation products as a result. Some people believe that e-cigarettes, vaporizers, and chewable nicotine pouches are healthier options since they avoid some of the negative aspects of smoking cigarettes, such as unpleasant odors. Some companies are expanding beyond tobacco, working with cannabis businesses to capitalize on the potential development in a market that shares numerous similarities with tobacco. There are other hazards associated with tobacco stocks, such as heightened regulation and a decline in smoking rates. According to the Centers for Disease Control and Prevention, the number of tobacco farms in the United States decreased from 93,530 in 1997 to roughly 3,000 in 2022. Nonetheless, the USA was the world's fifth-largest producer of tobacco in 2021, harvesting 431.6 million pounds in 2022, compared to 1.74 billion pounds in 1997. Seventy-seven percent of U.S. production came from North Carolina or Kentucky. Price reductions accounted for $5.7 billion (72%) of the $8.6 billion tobacco businesses spent on advertising in 2022, which included $572.7 million for smokeless tobacco and $8.01 billion for cigarettes. Marketing costs for e-cigarettes came to $859.4 million in 2021. Sales of cigarette packs fell from 12.5 billion to 9.1 billion packs between 2015 and 2021, a 27% decrease. In 2024, the average cigarette tax in each state was $1.93, while the federal tax was $1.01. Despite the industry's weak revenue and profit development, investors continue to be drawn to these stocks due to their consistent dividends, profitability, and solid profit margins. Investors believe that stronger growth will eventually be catalyzed by next-generation products. However, on April 2, 2025, the U.S. Supreme Court upheld the FDA's decision to deny approval for flavored e-cigarettes in a major decision. According to Justice Samuel Alito, vape producers were given 'adequate notice' of the FDA's review criteria. In this case, businesses like Vapetasia and Triton Distribution applied for certification for products such as 'Mother's Milk and Cookies' and 'Killer Kustard Blueberry.' The FDA has been regulating vaping products since 2016, claiming that flavored vapes represent a health concern and may encourage young people to use tobacco. More than 2.1 million youths in the US reported using e-cigarettes in 2023, with 10% of high school students vaping. The FDA has rejected thousands of flavored products and has only approved tobacco and menthol flavors. One specific issue, marketing plan consideration, was returned to lower courts after the Supreme Court reversed the 5th Circuit's prior criticism of the FDA's changing criteria. Companies that promote unapproved products risk 'civil and criminal penalties,' the FDA warned. A worker athlete with a rolling paper held in hand, smoking from the finished cigar. For this article, we sifted through the online rankings to form an initial list of the 15 Tobacco and Cigarette Stocks. We have also included e-cigarette and cannabis companies. From the resultant dataset, we chose 10 stocks with the highest number of hedge fund investors, using Insider Monkey's database of 1009 hedge funds in Q4 2024 to gauge hedge fund sentiment for stocks. We have used the stock's market cap as of April 25, 2025, as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points. (see more details here). Number of Hedge Fund Holders: 30 In the United States, Turning Point Brands, Inc. (NYSE:TPB) manufactures, markets, and distributes consumer goods, including other tobacco products (OTP). The company provides a wide range of items across the OTP spectrum, such as premium cigarette papers, make-your-own cigar wraps, cigars, liquid vapor products, tobacco vaporizers, and moist snuff tobacco. It is divided into two business segments: Stoker's products and Zig-Zag products. The Zig-Zag product category brings in the majority of revenue for the business. The stock soared by more than 108% in the past year, making it on our list of the Best Tobacco Stocks. Turning Point Brands, Inc. (NYSE:TPB) had a strong Q4 2024 due to strong core business execution. The firm's management gave encouraging advice and unveiled new metrics that showed the expansion of its tobacco-free nicotine pouches, a promising market-share-gaining area. Alliance Global Partners maintained its Buy rating on Turning Point Brands, Inc. (NYSE:TPB) shares and increased its price objective from $80 to $85 for the company. In a research note, the analyst informs investors that the company's Q4 sales and EBITDA figures were at the upper end of its tentative range. According to the company, net-for-net, the results are encouraging, and it anticipates that 2025 will be the firm's statement year in the pouch category, giving investors confidence that it can repeat its strategy of acquiring market share in a large tobacco-dominated category, as it did with Stoker's. Overall, TPB ranks 3rd on our list of the 10 Best Tobacco and Cigarette Stocks to Buy Now. While we acknowledge the potential of Tobacco and Cigarette companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than TPB but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
23-04-2025
- Business
- Yahoo
Turning Point Brands to Host Q1 Conference Call
LOUISVILLE, Ky., April 23, 2025--(BUSINESS WIRE)--Turning Point Brands, Inc. (NYSE: TPB) announced the date and time for its conference call to review 1st quarter 2025 results. The conference call will be on Wednesday, May 7, 2025 at 9:30 a.m. Eastern. Interested analysts and professional investors can register and participate through one of these call-in numbers: (800) 715-9871 (U.S., toll-free)(646) 307-1963 (International)Event ID: 6640134 Participants should dial in at least 10 minutes in advance and follow the audio prompts after typing in the Event ID. The call will also be broadcast live as a listen-only webcast from the investor relations section of the company's website at The replay of the webcast will be available on the site two hours following the call. About Turning Point Brands, Inc. Turning Point Brands, Inc. (NYSE: TPB) is a manufacturer, marketer and distributor of branded consumer products including alternative smoking accessories and consumables with active ingredients through its iconic brand portfolio, including Zig-Zag®, Stoker's®, FRE®, and ALP®. TPB's products are available in more than 220,000 retail outlets in North America and on sites such as and For the latest news and information about TPB and its brands, please visit View source version on Contacts ir@ Sign in to access your portfolio
