Focusrite (TUNE) Share Price, News & Analysis

Company Overview

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, Sonnox, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, keyboard and pad controllers, MIDI controllers, and software and apps under the Novation and Ampify brands. It also manufactures and distributes professional monitoring and loudspeaker technology under the ADAM Audio brand; performance ready systems for auditoriums under the Martin Audio brand; analogue synthesizers under the Oberheim brand; and sythesizers under the Sequential brand. The company sells its products through distributors, resellers, and system integrators, as well as directly to end users through its brands e-commerce sites. Focusrite plc was founded in 1985 and is headquartered in High Wycombe, the United Kingdom.

Key Stats

• Today's Range: 245 to 253
• 50-Day Range: 220 to 287.50
• 52-Week Range: 220 to 610
• Volume: 16,409 shs
• Average Volume: 91,558 shs
• Market Capitalization: £145.74 million
• P/E Ratio: 1,243.76
• Dividend Yield: 2.81%
• Price Target: GBX 410
• Consensus Rating: Buy

TUNE Stock Analysis - Frequently Asked Questions

How have TUNE shares performed this year?

Focusrite's stock was trading at GBX 590 at the beginning of 2024. Since then, TUNE stock has decreased by 57.8% and is now trading at GBX 248.75.
View the best growth stocks for 2024 here.

How were Focusrite's earnings last quarter?

Focusrite plc (LON:TUNE) issued its earnings results on Tuesday, May, 12th. The company reported $3.60 earnings per share for the quarter. Focusrite had a net margin of 6.99% and a trailing twelve-month return on equity of 10.33%.

How do I buy shares of Focusrite?

Shares of TUNE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.

What other stocks do shareholders of Focusrite own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Focusrite investors own include QUALCOMM (QCOM), Frontier Developments (FDEV), accesso Technology Group (ACSO), Avon Protection (AVON), Devro (DVO), Pinterest (PINS) and Restore (RST).

Company Calendar

• Last Earnings: 5/12/2020
• Today: 11/21/2024

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Consumer Cyclical
• Industry: Leisure
• Sub-Industry: N/A
• Current Symbol: LON:TUNE
• CUSIP: N/A
• CIK: N/A
• Web: focusriteplc.com
• Phone: +44-1494-462246
• Fax: N/A
• Employees: 557
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: GBX 410
• High Stock Price Target: GBX 410
• Low Stock Price Target: GBX 410
• Potential Upside/Downside: +64.7%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): GBX 0.20
• Trailing P/E Ratio: 1,245.00
• Forward P/E Ratio: 14.44
• P/E Growth: 2.95
• Net Income: £11.82 million
• Net Margins: 6.99%
• Pretax Margin: N/A
• Return on Equity: 10.33%
• Return on Assets: 5.84%

Debt

• Debt-to-Equity Ratio: 30.62
• Current Ratio: 1.53
• Quick Ratio: 0.77

Sales & Book Value

• Annual Sales: £169.11 million
• Price / Sales: 0.86
• Cash Flow: GBX 6.74 per share
• Price / Cash Flow: 36.93
• Book Value: GBX 201 per share
• Price / Book: 1.24

Miscellaneous

• Outstanding Shares: 58,590,000
• Free Float: N/A
• Market Cap: £145.89 million
• Optionable: Not Optionable
• Beta: 1.04