Free Trial

Wedbush Issues Positive Forecast for Turtle Beach (NASDAQ:TBCH) Stock Price

Turtle Beach logo with Computer and Technology background
Remove Ads

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.

Remove Ads

About Turtle Beach

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Turtle Beach Right Now?

Before you consider Turtle Beach, 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 Turtle Beach wasn't on the list.

While Turtle Beach currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2025 Cover

Enter your email address and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.
Remove Ads

Featured Articles and Offers

Recent Videos

Institutions Are Dumping These 3 Stocks—Should You?
Will Tesla’s Robot Future Save Its Falling Stock?
NVIDIA’s Dip Is a Gift—Here’s Why It Won’t Last

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines

Remove Ads