Turtle Beach (NASDAQ:TBCH - Free Report) had its price target raised by Wedbush from $20.00 to $21.00 in a research note released on Friday,Benzinga reports. They currently have an outperform rating on the stock. Wedbush also issued estimates for Turtle Beach's FY2025 earnings at $1.78 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $2.10 EPS and FY2027 earnings at $2.37 EPS.
Turtle Beach Trading Down 5.1 %
TBCH traded down $0.73 during trading on Friday, hitting $13.56. The company's stock had a trading volume of 831,442 shares, compared to its average volume of 168,093. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.60 and a current ratio of 1.26. The company has a market capitalization of $272.27 million, a PE ratio of 46.76, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. Turtle Beach has a twelve month low of $12.10 and a twelve month high of $19.50.
Turtle Beach (NASDAQ:TBCH - Get Free Report) last issued its quarterly earnings results on Thursday, March 13th. The company reported $1.00 earnings per share for the quarter, missing the consensus estimate of $1.11 by ($0.11). The business had revenue of $146.08 million during the quarter, compared to analyst estimates of $154.10 million. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%. As a group, analysts forecast that Turtle Beach will post 1.17 EPS for the current year.
About Turtle Beach
(
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Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.
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