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TPBTurning Point Brands, Inc.Hold5.3·$87.34+1.15%
HoldModerate Confidence
Investment thesis

Turning Point Brands has beaten earnings estimates in all four of the last four quarters with an average positive surprise of 16%, carries a wide economic moat score of 7.5 out of 10, and analysts see 58% upside potential, yet the stock is in a confirmed death cross downtrend with an RSI of 35 and an elevated put-to-call ratio of 1.69, creating a wide gap between fundamental value and current market sentiment.

Thesis pillars

  • Negative Free Cash Flow QualityStable
  • Wide Economic Moat With Beat StreakStable
  • Large Analyst Upside GapImproving
  • +1 more pillar — see the Why tab for full reasoning

Full reasoning →

Open full analysis

Turning Point Brands, Inc. (TPB) Stock Analysis

Recovery setup

HoldVALUE-TRAP 1/5GrowthQualityModerate Confidence

Consumer Defensive · Tobacco

Hold if already holding. Not a fresh buy at $87.34, but acceptable to hold if already in. Reasons: Expensive valuation; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend).

Turning Point Brands markets Zig-Zag® rolling papers, cigar wraps, and accessories alongside Stoker's® moist snuff and chewing tobacco, distributing to approximately 220,000 retail locations across North America. Revenue is driven by branded consumer products through... Read more

$87.34+24.7% A.UpsideScore 5.3/10#4 of 7 Tobacco
QualityF-score8 / 9FCF yield-0.03%
IncomeYield0.37%(5y avg 0.70%)Payout13.48%sustainable
Stop $81.23Target $108.90(analyst − 13%)A.R:R 1.6:1
Analyst target$125.17+43.3%6 analysts
$108.90our TP
$87.34price
$125.17mean
$140

Hold if already holding. Not a fresh buy at $87.34, but acceptable to hold if already in. Reasons: Expensive valuation; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 66. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Score 5.3/10, moderate confidence.

Passes 7/9 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity 80d clear, semi cycle peak clear, materials cycle peak clear). Fails on weak momentum and death cross (50MA < 200MA). Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-08-15
TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Nov 4, 202680d to earnings· next earnings call

Thesis

Rewards
Strong earnings beat streak (3/4)
Earnings estimates trending UP
Positive insider activity
Risks
Expensive valuation
Below 200-MA, MA slope -1.7%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)38.0
P/E (Fwd)36.1
Mkt Cap$1.7B
EV/EBITDA20.6
Profit Mgn8.8%
ROE17.6%
Rev Growth22.6%
Beta0.93
Dividend0.37%
Rating analysts10

Quality Signals

Piotroski F8/9MoatWideCompounder

Options Flow

P/C0.58bullish
IV61%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

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Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

2 floor-breakers

Technicals below the gate floor. Component breakdown shows what dragged the score down.static

52w Position
1.9
Bollinger
2.0
Support Resistance
2.2

Priced at a premium — multiples above sector norms. Needs delivery on growth + margins to justify.static

Ev Ebitda
0.0
Peg Ratio
1.0
Forward Pe
3.0
Pe
3.3
Analyst Target
7.5
Ps
8.0
Forward P/E: 36.1xPEG: 8.37
GatesMomentum 4.1<4.5Death cross (50MA < 200MA)A.R:R 1.6 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY 80d clearSEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARRecoverySuitability: Speculative
RSI
66 · Neutral
20D MA 50D MA 200D MADEATH CROSSSupport $71.22Resistance $91.94

Price Targets

$81
$109
A.Upside+24.7%
A.R:R1.6:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! NEWS_MOD=+1: SELL_IF_HOLDING → HOLD_IF_HOLDING
! momentum at 4.1 (below the engine's 4.5 threshold)
! Death cross — 50-day MA below 200-day MA

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-11-04 (80d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TPB stock a buy right now?

Hold if already holding. Not a fresh buy at $87.34, but acceptable to hold if already in. Reasons: Expensive valuation; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 66. Multiple concerning factors. Consider reducing position. | News modifier +1 (SELL_IF_HOLDING → HOLD_IF_HOLDING) Target $108.90 (+24.7%), stop $81.23 (−7.5%), A.R:R 1.6:1. Score 5.3/10, moderate confidence.

What is the TPB stock price target?

Take-profit target: $108.90 (+24.7% upside). Target $108.90 (+24.7%), stop $81.23 (−7.5%), A.R:R 1.6:1. Stop-loss: $81.23.

What are the risks of investing in TPB?

Expensive valuation; Below 200-MA, MA slope -1.7%/30d (confirmed downtrend).

Is TPB overvalued or undervalued?

Turning Point Brands, Inc. trades at a P/E of 38.0 (forward 36.1). TrendMatrix value score: 3.8/10. Verdict: Hold.

What do analysts say about TPB?

10 analysts cover TPB with a consensus score of 4.2/5. Average price target: $125.

What does Turning Point Brands, Inc. do?Turning Point Brands markets Zig-Zag® rolling papers, cigar wraps, and accessories alongside Stoker's® moist snuff and...

Turning Point Brands markets Zig-Zag® rolling papers, cigar wraps, and accessories alongside Stoker's® moist snuff and chewing tobacco, distributing to approximately 220,000 retail locations across North America. Revenue is driven by branded consumer products through approximately 900 distributors; tobacco products represented approximately 62% of total 2025 net sales. Swedish Match and RTI are sole suppliers for loose-leaf tobacco and Zig-Zag® cigarette papers respectively, under long-term exclusive agreements.

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