Corsair Gaming (NASDAQ:CRSR - Get Free Report) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $387.92 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Corsair Gaming Stock Down 3.7 %
Corsair Gaming stock traded down $0.36 during trading hours on Friday, hitting $9.25. The company had a trading volume of 1,331,193 shares, compared to its average volume of 982,031. Corsair Gaming has a fifty-two week low of $5.59 and a fifty-two week high of $14.13. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.58 and a quick ratio of 0.77. The firm has a market capitalization of $968.48 million, a P/E ratio of -10.28 and a beta of 1.68. The firm's fifty day moving average is $7.83 and its 200-day moving average is $7.15.
Analyst Ratings Changes
CRSR has been the subject of several recent research reports. The Goldman Sachs Group cut their price objective on Corsair Gaming from $9.00 to $7.00 and set a "neutral" rating for the company in a report on Thursday, November 7th. Macquarie reduced their price target on Corsair Gaming from $11.00 to $9.00 and set an "outperform" rating for the company in a report on Friday, November 8th. Barclays lowered their price target on Corsair Gaming from $14.00 to $9.00 and set an "overweight" rating for the company in a research note on Thursday, November 7th. Wedbush reiterated an "outperform" rating and issued a $12.00 target price (up from $10.00) on shares of Corsair Gaming in a research note on Wednesday. Finally, TD Cowen decreased their target price on shares of Corsair Gaming from $10.00 to $9.00 and set a "hold" rating for the company in a research report on Thursday, November 7th. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $9.29.
View Our Latest Analysis on Corsair Gaming
Corsair Gaming Company Profile
(
Get Free Report)
Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.
Recommended Stories
Before you consider Corsair Gaming, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Corsair Gaming wasn't on the list.
While Corsair Gaming currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
