Corsair Gaming (NASDAQ:CRSR - Get Free Report) is expected to be announcing its Q4 2024 earnings results 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. Corsair Gaming has set its FY 2025 guidance at EPS.Persons that are interested in participating in the company's earnings conference call can do so using this link.
Corsair Gaming (NASDAQ:CRSR - Get Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported $0.16 EPS for the quarter, meeting analysts' consensus estimates of $0.16. Corsair Gaming had a negative return on equity of 4.58% and a negative net margin of 7.14%. On average, analysts expect Corsair Gaming to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Corsair Gaming Stock Up 25.9 %
NASDAQ:CRSR traded up $2.57 during trading hours on Thursday, hitting $12.51. 5,444,639 shares of the company traded hands, compared to its average volume of 1,163,929. Corsair Gaming has a one year low of $5.59 and a one year high of $14.13. The company has a quick ratio of 0.77, a current ratio of 1.58 and a debt-to-equity ratio of 0.28. The company has a market cap of $1.31 billion, a PE ratio of -13.90 and a beta of 1.68. The firm's 50-day simple moving average is $7.95 and its 200-day simple moving average is $7.18.
Analyst Ratings Changes
Several research analysts recently weighed in on the stock. TD Cowen cut their price target on shares of Corsair Gaming from $10.00 to $9.00 and set a "hold" rating on the stock in a report on Thursday, November 7th. Robert W. Baird boosted their target price on Corsair Gaming from $8.00 to $11.00 and gave the stock a "neutral" rating in a research note on Thursday. The Goldman Sachs Group decreased their price target on Corsair Gaming from $9.00 to $7.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. Barclays boosted their price objective on Corsair Gaming from $9.00 to $12.00 and gave the stock an "overweight" rating in a research report on Thursday. Finally, Macquarie reduced their price objective on Corsair Gaming from $11.00 to $9.00 and set an "outperform" rating for the company in a research note on Friday, November 8th. Three equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $10.14.
View Our Latest Stock Analysis on CRSR
About Corsair Gaming
(
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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.
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