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Turtle Beach (HEAR)
NASDAQ:HEAR
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HEAR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.97 - $18.45
Previous Close$14.48
Volume123.18K
Average Volume (3M)193.84K
Market Cap
$300.52M
Enterprise Value$357.86M
Total Cash (Recent Filing)$12.46M
Total Debt (Recent Filing)$69.80M
Price to Earnings (P/E)―
Beta1.92
Next Earnings
Nov 07, 2024EPS Estimate
$0.15Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding20,754,274
10 Day Avg. Volume161,872
30 Day Avg. Volume193,838
Standard Deviation0.20
R-Squared0.30
Alpha0.00123
Financial Highlights & Ratios
Price to Book (P/B)2.86
Price to Sales (P/S)1.03
Price to Cash Flow (P/CF)-6.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.23
Enterprise Value/Gross Profit4.74
Enterprise Value/Ebitda182.58
Forecast
1Y Price Target
$21.50Price Target Upside44.98% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
Turtle Beach News
PremiumCompany Announcements
Turtle Beach Enhances Financial Flexibility and Announces CFO Transition
Bulls Say, Bears Say
Bulls Say
AcquisitionThe acquisition of PDP is expected to be significantly accretive and adds immediate scale, product diversification, and significant cost synergies.
Financial PerformanceManagement reiterated 2024 guidance for strong revenue growth of 45% y/y and a healthy adjusted EBITDA margin of 14%.
Revenue GrowthTurtle Beach beat Q1 consensus amid a rebound in peripherals demand with a significant market share lead in the combined console and PC gaming headset market.
Bears Say
Annual GuidanceTurtle Beach fell short of FY:23 guidance but expects a strong FY:24.
New Product IntegrationTurtle Beach anticipates modest margin pressure in the near future related to new product integration.
Quarterly Performance4Q23 results were below expectations with revenue of $99.5M, down 1% year-over-year and adjusted EBITDA of $14.0M.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
HEAR FAQ
What was Turtle Beach’s price range in the past 12 months?
Turtle Beach lowest stock price was $7.97 and its highest was $18.45 in the past 12 months.
What is Turtle Beach’s market cap?
Currently, no data Available
When is Turtle Beach’s upcoming earnings report date?
Turtle Beach’s upcoming earnings report date is Nov 07, 2024 which is in 48 days.
How were Turtle Beach’s earnings last quarter?
Turtle Beach released its earnings results on Aug 08, 2024. The company reported -$0.35 earnings per share for the quarter, missing the consensus estimate of -$0.3 by -$0.05.
Is Turtle Beach overvalued?
According to Wall Street analysts Turtle Beach’s price is currently Undervalued.
Does Turtle Beach pay dividends?
Turtle Beach does not currently pay dividends.
What is Turtle Beach’s EPS estimate?
Turtle Beach’s EPS estimate is $0.15.
How many shares outstanding does Turtle Beach have?
Turtle Beach has 20,754,274 shares outstanding.
What happened to Turtle Beach’s price movement after its last earnings report?
Turtle Beach reported an EPS of -$0.35 in its last earnings report, missing expectations of -$0.3. Following the earnings report the stock price went up 15.211%.
Which hedge fund is a major shareholder of Turtle Beach?
Among the largest hedge funds holding Turtle Beach’s share is Hawkeye Capital Management, LLC. It holds Turtle Beach’s shares valued at 11M.
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Turtle Beach Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$21.50 (44.98% Upside)
$21.50 (44.98% Upside)
Blogger Sentiment
Bullish
HEAR Sentiment 87%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 18.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $294.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 1.7%
Last 30 Days <0.1%
Last 30 Days <0.1%
Technicals
SMA
Positive
20 days / 200 days
Momentum
46.26%
12-Months-Change
Fundamentals
Return on Equity
-2.70%
Trailing 12-Months
Asset Growth
89.47%
Trailing 12-Months
Company Description
Turtle Beach
Turtle Beach Corp. engages in the development, commercialization, and marketing of audio peripherals. It operates through the Headset and HyperSound business segments. The Headset segment offers gaming headset solutions for video game and entertainment consoles, personal computers, and mobile and tablet devices. The HyperSound segment refers to a patent-protected sound technology that delivers immersive, directional audio with applications in digital signage and kiosks, consumer electronics, and hearing healthcare. The company was founded by Elwood G. Norris and James A. Barnes in 1975 and is headquartered in San Diego, CA.
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HEAR Company Deck
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HEAR Earnings Call
Q2 2024
0:00 / 0:00
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HEAR Stock 12 Month Forecast
Average Price Target
$21.50
▲(44.98% Upside)
Technical Analysis
Best Analysts Covering HEAR
1 Year
1 Year Success Rate
12/22 ratings generated profit
1 Year Average Return
+43.96%
reiterated a buy rating last month
Copying Mark Argento's trades and holding each position for 1 Year would result in 54.55% of your transactions generating a profit, with an average return of +43.96% per trade.
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