Tootsie Roll Industries (TR) Stock Price, News & Analysis

Company Overview

Tootsie Roll Industries, Inc., together with its subsidiaries, engages in the manufacture and sale of confectionery products in the United States, Canada, Mexico, and internationally. It sells its products under the Tootsie Roll, Tootsie Fruit Rolls, Frooties, Tootsie Pops, Tootsie Mini Pops, Child's Play, Caramel Apple Pops, Charms, Blow-Pop, Charms Mini Pops, Cella's, Dots, Junior Mints, Charleston Chew, Sugar Daddy, Sugar Babies, Andes, Fluffy Stuff, Dubble Bubble, Razzles, Cry Baby, NIK-L-NIP, and Tutsi Pop trademarks. The company sells its products directly to wholesale distributors of candy, and food and groceries; and supermarkets, variety stores, dollar stores, chain grocers, drug chains, discount chains, cooperative grocery associations, mass merchandisers, warehouse and membership club stores, vending machine operators, e-commerce merchants, the United States military, and fund-raising charitable organizations, as well as through food and grocery brokers. Tootsie Roll Industries, Inc. was founded in 1896 and is headquartered in Chicago, Illinois.

Key Stats

• Today's Range: $32.53 to $33.12
• 50-Day Range: $29.17 to $33.64
• 52-Week Range: $27.58 to $35.84
• Volume: 17,189 shs
• Average Volume: 150,940 shs
• Market Capitalization: $2.36 billion
• P/E Ratio: 25.28
• Dividend Yield: 1.09%
• Price Target: N/A
• Consensus Rating: N/A

Tootsie Roll Industries Stock Analysis - MarketRank™

Tootsie Roll Industries scored higher than 21% of companies evaluated by MarketBeat, and ranked 133rd out of 144 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Tootsie Roll Industries.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Tootsie Roll Industries is 25.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of Tootsie Roll Industries is 25.21, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.78.

Price to Book Value per Share Ratio

Tootsie Roll Industries has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.87% of the float of Tootsie Roll Industries has been sold short.

Short Interest Ratio / Days to Cover

Tootsie Roll Industries has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in Tootsie Roll Industries has recently increased by 3.31%, indicating that investor sentiment is decreasing.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Tootsie Roll Industries pays a meaningful dividend of 1.09%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Tootsie Roll Industries does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Tootsie Roll Industries is 27.53%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: 1.6 / 5
• Environmental Score: -1.07

Percentage of Shares Shorted

10.87% of the float of Tootsie Roll Industries has been sold short.

Short Interest Ratio / Days to Cover

Tootsie Roll Industries has a short interest ratio ("days to cover") of 6.8.

Change versus previous month

Short interest in Tootsie Roll Industries has recently increased by 3.31%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: N/A

News Sentiment

Tootsie Roll Industries has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.90 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Tootsie Roll Industries this week, compared to 1 article on an average week.

Search Interest

10 people have searched for TR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Tootsie Roll Industries insiders have not sold or bought any company stock.

Percentage Held by Insiders

39.75% of the stock of Tootsie Roll Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 14.28% of the stock of Tootsie Roll Industries is held by institutions.

TR Stock Analysis - Frequently Asked Questions

How have TR shares performed this year?

Tootsie Roll Industries' stock was trading at $33.24 at the beginning of the year. Since then, TR stock has decreased by 0.8% and is now trading at $32.97.
View the best growth stocks for 2024 here.

How were Tootsie Roll Industries' earnings last quarter?

Tootsie Roll Industries, Inc. (NYSE:TR) announced its quarterly earnings results on Wednesday, October, 23rd. The company reported $0.46 EPS for the quarter. The business earned $223.89 million during the quarter. Tootsie Roll Industries had a trailing twelve-month return on equity of 11.13% and a net margin of 13.02%.

Does Tootsie Roll Industries have any subsidiaries?

Tootsie Roll Industries subsidiaries include these companies: Concord Confections, Andes Candies, Warner-Lambert (Candy Division), The Charms Company, Cella's Confections, The Candy Corporation, Andes Candies LLC, and more.

Who are Tootsie Roll Industries' major shareholders?

Tootsie Roll Industries' top institutional shareholders include Allspring Global Investments Holdings LLC (1.54%), State Street Corp (0.49%), Geode Capital Management LLC (0.34%) and Jane Street Group LLC (0.18%).
View institutional ownership trends.

How do I buy shares of Tootsie Roll Industries?

Shares of TR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tootsie Roll Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tootsie Roll Industries investors own include NVIDIA (NVDA), Meta Platforms (META), Tesla (TSLA), Walmart (WMT), Netflix (NFLX), Alphabet (GOOG) and JPMorgan Chase & Co. (JPM).

Company Calendar

• Ex-Dividend for 10/17 Dividend: 10/08/2024
• Dividend Payable: 10/17/2024
• Last Earnings: 10/23/2024
• Today: 12/03/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/21/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Sugar & confectionery products
• Sub-Industry: Packaged Foods & Meats
• Current Symbol: NYSE:TR
• CUSIP: 89051610
• CIK: 98677
• Web: www.tootsie.com
• Phone: (773) 838-3400
• Fax: 773-838-3534
• Employees: 2,300
• Year Founded: 1896

Profitability

• EPS (Most Recent Fiscal Year): $1.3078
• Trailing P/E Ratio: 25.28
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $91.91 million
• Net Margins: 13.02%
• Pretax Margin: 16.75%
• Return on Equity: 11.13%
• Return on Assets: 8.47%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.59
• Quick Ratio: 2.60

Sales & Book Value

• Annual Sales: $763.25 million
• Price / Sales: 3.09
• Cash Flow: $1.60 per share
• Price / Cash Flow: 20.72
• Book Value: $11.52 per share
• Price / Book: 2.87

Miscellaneous

• Outstanding Shares: 71,440,000
• Free Float: 43,046,000
• Market Cap: $2.36 billion
• Optionable: Optionable
• Beta: 0.21