The medium term support area around 42.14 USD should allow Turning Point Brands, Inc. shares to re-establish an upward trend in the short term. Investors have an opportunity to buy the stock and target the $ 57.45.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Considering the small differences between the analysts' various estimates, the group's business visibility is good.
The group shows a rather high level of debt in proportion to its EBITDA.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
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