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Corsair Gaming (CRSR)
NASDAQ:CRSR
Corsair Gaming (CRSR) Stock Price & Analysis
2,299 Followers
CRSR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.31 - $20.72
Previous Close$11.5
Volume273.71K
Average Volume (3M)323.21K
Market Cap
$1.19B
Enterprise Value$1.24B
Total Cash (Recent Filing)$175.62M
Total Debt (Recent Filing)$198.20M
Price to Earnings (P/E)-140.1
Beta1.59
Next Earnings
Aug 01, 2024EPS Estimate
$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.08
Shares Outstanding103,905,563
10 Day Avg. Volume436,614
30 Day Avg. Volume323,209
Standard Deviation0.15
R-Squared0.29
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)9.37
Price to Sales (P/S)0.82
Price to Cash Flow (P/CF)5.10
P/FCF Ratio4.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.85
Enterprise Value/Gross Profit3.45
Enterprise Value/Ebitda74.12
Forecast
1Y Price Target
$16.25Price Target Upside41.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
Corsair Gaming News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePeripheral segment gross margins reached 41%, the highest ever reported.
Market PositionCorsair is regaining market share in Peripherals as the industry has returned to normalized inventory replenishment.
Product Line ExpansionAnnouncement of new product lines in sim racing and mobile controllers, targeting high growth gaming markets.
Bears Say
EarningsQ1 results were below Street expectations.
Market ShareCorsair temporarily lost market share due to heavy competitor discounting.
Revenue GuidanceCorsair reported Q4 results below consensus estimates with initial FY24 revenue guidance also coming in below expectations.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
CRSR FAQ
What was Corsair Gaming’s price range in the past 12 months?
Corsair Gaming lowest stock price was $10.31 and its highest was $20.72 in the past 12 months.
What is Corsair Gaming’s market cap?
Currently, no data Available
When is Corsair Gaming’s upcoming earnings report date?
Corsair Gaming’s upcoming earnings report date is Aug 01, 2024 which is in 72 days.
How were Corsair Gaming’s earnings last quarter?
Corsair Gaming released its earnings results on May 07, 2024. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.141 by -$0.051.
Is Corsair Gaming overvalued?
According to Wall Street analysts Corsair Gaming’s price is currently Undervalued.
Does Corsair Gaming pay dividends?
Corsair Gaming does not currently pay dividends.
What is Corsair Gaming’s EPS estimate?
Corsair Gaming’s EPS estimate is $0.09.
How many shares outstanding does Corsair Gaming have?
Corsair Gaming has 103,905,560 shares outstanding.
What happened to Corsair Gaming’s price movement after its last earnings report?
Corsair Gaming reported an EPS of $0.09 in its last earnings report, missing expectations of $0.141. Following the earnings report the stock price went down -8.248%.
Which hedge fund is a major shareholder of Corsair Gaming?
Among the largest hedge funds holding Corsair Gaming’s share is EntryPoint Capital, LLC. It holds Corsair Gaming’s shares valued at 210K.
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Corsair Gaming Stock Smart Score
Neutral
1
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5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.25 (41.30% Upside)
$16.25 (41.30% Upside)
Blogger Sentiment
Bullish
CRSR Sentiment 62%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 12.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $138.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 0.4%
Last 30 Days ▼ 1.6%
Last 30 Days ▼ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-41.26%
12-Months-Change
Fundamentals
Return on Equity
-1.28%
Trailing 12-Months
Asset Growth
-3.09%
Trailing 12-Months
Company Description
Corsair Gaming
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mouse pads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals and gaming Components and systems.
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CRSR Company Deck
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CRSR Earnings Call
Q1 2024
0:00 / 0:00
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CRSR Stock 12 Month Forecast
Average Price Target
$16.25
▲(41.30% Upside)
Technical Analysis
Best Analysts Covering CRSR
1 Year
1 Year Success Rate
4/14 ratings generated profit
1 Year Average Return
-20.14%
reiterated a buy rating 14 days ago
Copying George Wang CFA's trades and holding each position for 1 Year would result in 28.57% of your transactions generating a profit, with an average return of -20.14% per trade.
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