WallStreetZenWallStreetZen

Sectors & IndustriesConsumer DefensiveTobacco
Best Tobacco Stocks to Buy Now (2024)
Top tobacco stocks in 2024 ranked by overall Zen Score. See the best tobacco stocks to buy now, according to analyst forecasts for the tobacco industry.

Industry: Tobacco
OverviewZen ScorePriceValuationFinancialsForecastEarnings & RevenueDividendsOwnership
Technicals
Ticker
Company
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
TPB
TURNING POINT BRANDS INC
United States
$747.00M17,714,07052.07%47.93%Net BuyingNet Buying
UVV
UNIVERSAL CORP
United States
$1.23B24,692,74778.83%6.50%Net Selling
MO
ALTRIA GROUP INC
United States
$85.07B1,706,224,32859.21%1.14%Net Selling
RLX
RLX TECHNOLOGY INC
China
$2.65B1,570,790,57017.87%0.00%
PM
PHILIP MORRIS INTERNATIONAL INC
United States
$186.70B1,554,801,53479.47%0.56%Net SellingNet Selling
ISPR
ISPIRE TECHNOLOGY INC
United States
$378.93M56,641,0416.99%11.05%
KAVL
KAIVAL BRANDS INNOVATIONS GROUP INC
United States
$6.08M6,783,9580.05%99.95%
BTI
BRITISH AMERICAN TOBACCO PLC
United Kingdom
$87.10B2,456,941,9096.41%0.00%
XXII
22ND CENTURY GROUP INC
United States
$1.47M9,272,5180.53%99.47%Net BuyingNet Buying
GNLN
GREENLANE HOLDINGS INC
United States
$12.72M2,910,8480.35%99.65%Net BuyingNet Buying
1

Tobacco Stocks FAQ

What are the best tobacco stocks to buy right now in Oct 2024?

According to Zen Score, the 3 best tobacco stocks to buy right now are:

1. Turning Point Brands (NYSE:TPB)


Turning Point Brands (NYSE:TPB) is the top tobacco stock with a Zen Score of 54, which is 21 points higher than the tobacco industry average of 33. It passed 20 out of 38 due diligence checks and has strong fundamentals. Turning Point Brands has seen its stock return 94.69% over the past year, overperforming other tobacco stocks by 79 percentage points.

Turning Point Brands has an average 1 year price target of $47.50, an upside of 12.64% from Turning Point Brands's current stock price of $42.17.

Turning Point Brands stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Turning Point Brands, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the second best tobacco stock with a Zen Score of 48, which is 15 points higher than the tobacco industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Universal has seen its stock return 8.58% over the past year, underperforming other tobacco stocks by -7 percentage points.

3. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the third best tobacco stock with a Zen Score of 47, which is 14 points higher than the tobacco industry average of 33. It passed 16 out of 38 due diligence checks and has strong fundamentals. Altria Group has seen its stock return 16.31% over the past year.

Altria Group has an average 1 year price target of $49.00, a downside of -1.72% from Altria Group's current stock price of $49.86.

Altria Group stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Altria Group, 20% have issued a Strong Buy rating, 0% have issued a Buy, 40% have issued a hold, while 0% have issued a Sell rating, and 40% have issued a Strong Sell.

What are the tobacco stocks with highest dividends?

Out of 5 tobacco stocks that have issued dividends in the past year, the 3 tobacco stocks with the highest dividend yields are:

1. British American Tobacco (NYSE:BTI)


British American Tobacco (NYSE:BTI) has an annual dividend yield of 8.26%, which is 3 percentage points higher than the tobacco industry average of 5.53%. British American Tobacco's dividend payout is not stable, having dropped more than 10% four times in the last 10 years. British American Tobacco's dividend has not shown consistent growth over the last 10 years.

British American Tobacco's dividend payout ratio of -36.2% indicates that its high dividend yield might not be sustainable for the long-term.

2. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) has an annual dividend yield of 7.94%, which is 2 percentage points higher than the tobacco industry average of 5.53%. Altria Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Altria Group's dividend has shown consistent growth over the last 10 years.

Altria Group's dividend payout ratio of 67.5% indicates that its high dividend yield is sustainable for the long-term.

3. Universal (NYSE:UVV)


Universal (NYSE:UVV) has an annual dividend yield of 6.44%, which is 1 percentage points higher than the tobacco industry average of 5.53%. Universal's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Universal's dividend has shown consistent growth over the last 10 years.

Universal's dividend payout ratio of 65.5% indicates that its high dividend yield is sustainable for the long-term.

Why are tobacco stocks down?

Tobacco stocks were down -0.03% in the last day, and up 0.09% over the last week.

We couldn't find a catalyst for why tobacco stocks are down.

What are the most undervalued tobacco stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued tobacco stocks right now are:

1. Rlx Technology (NYSE:RLX)


Rlx Technology (NYSE:RLX) is the most undervalued tobacco stock based on WallStreetZen's Valuation Score. Rlx Technology has a valuation score of 57, which is 36 points higher than the tobacco industry average of 21. It passed 4 out of 7 valuation due diligence checks.

Rlx Technology's stock has gained 5.63% in the past year. It has underperformed other stocks in the tobacco industry by -10 percentage points.

2. Universal (NYSE:UVV)


Universal (NYSE:UVV) is the second most undervalued tobacco stock based on WallStreetZen's Valuation Score. Universal has a valuation score of 43, which is 22 points higher than the tobacco industry average of 21. It passed 3 out of 7 valuation due diligence checks.

Universal's stock has gained 8.58% in the past year. It has underperformed other stocks in the tobacco industry by -7 percentage points.

3. Altria Group (NYSE:MO)


Altria Group (NYSE:MO) is the third most undervalued tobacco stock based on WallStreetZen's Valuation Score. Altria Group has a valuation score of 29, which is 8 points higher than the tobacco industry average of 21. It passed 2 out of 7 valuation due diligence checks.

Altria Group's stock has gained 16.31% in the past year. It has performed in line with other stocks in the tobacco industry.

Are tobacco stocks a good buy now?

75% of tobacco stocks rated by analysts are a strong buy right now. On average, analysts expect tobacco stocks to rise by 9.59% over the next year.

What is the average p/e ratio of the tobacco industry?

The average P/E ratio of the tobacco industry is 12.06x.
©2024 WallStreetZen
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletter
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.