Turtle Beach (HEAR) Stock Price, News & Analysis

Company Overview

Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides game controllers, and gaming flight simulation and racing simulation accessories, as well as USB and analog microphones for gamers, streamers, professionals, and students. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.

Key Stats

• Today's Range: N/A
• 50-Day Range: $14.84 to $18.56
• 52-Week Range: N/A
• Volume: 156,613 shs
• Average Volume: 157,771 shs
• Market Capitalization: $350.78 million
• P/E Ratio: 32.35
• Dividend Yield: N/A
• Price Target: $22.50
• Consensus Rating: Buy

Turtle Beach Stock Analysis - MarketRank™

Turtle Beach scored higher than 81% of companies evaluated by MarketBeat, and ranked 180th out of 665 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Turtle Beach has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Turtle Beach has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 34.75%

Earnings Growth

Earnings for Turtle Beach are expected to grow by 34.75% in the coming year, from $1.18 to $1.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Turtle Beach is 32.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.81.

Price to Earnings Ratio vs. Sector

The P/E ratio of Turtle Beach is 32.35, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 237.08.

Price to Earnings Growth Ratio

Turtle Beach has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.27% of the float of Turtle Beach has been sold short.

Short Interest Ratio / Days to Cover

Turtle Beach has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Turtle Beach has recently decreased by 3.37%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Turtle Beach does not currently pay a dividend.

Dividend Growth

Turtle Beach does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.27% of the float of Turtle Beach has been sold short.

Short Interest Ratio / Days to Cover

Turtle Beach has a short interest ratio ("days to cover") of 4.4.

Change versus previous month

Short interest in Turtle Beach has recently decreased by 3.37%, indicating that investor sentiment is improving.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: 0.00

News Coverage This Week

MarketBeat has tracked 2 news articles for Turtle Beach this week, compared to 2 articles on an average week.

Search Interest

4 people have searched for HEAR on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Turtle Beach insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $83,130.00 in company stock.

Percentage Held by Insiders

Only 5.10% of the stock of Turtle Beach is held by insiders.

Percentage Held by Institutions

67.01% of the stock of Turtle Beach is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HEAR Stock Analysis - Frequently Asked Questions

How were Turtle Beach's earnings last quarter?

Turtle Beach Co. (NASDAQ:HEAR) announced its quarterly earnings data on Thursday, November, 7th. The communications equipment provider reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.02. The communications equipment provider earned $94.36 million during the quarter, compared to the consensus estimate of $87.80 million. Turtle Beach had a net margin of 1.41% and a trailing twelve-month return on equity of 9.18%.

When did Turtle Beach's stock split?

Turtle Beach's stock reverse split before market open on Monday, April 9th 2018. The 1-4 reverse split was announced on Friday, April 6th 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 6th 2018. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

How do I buy shares of Turtle Beach?

Shares of HEAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Turtle Beach own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Turtle Beach investors own include American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH) and iShares Micro-Cap ETF (IWC).

Company Calendar

• Last Earnings: 11/07/2024
• Today: 1/21/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communications equipment, not elsewhere classified
• Sub-Industry: Electronic Equipment
• Current Symbol: NASDAQ:HEAR
• CUSIP: N/A
• CIK: 1493761
• Web: corp.turtlebeach.com
• Phone: (888) 496-8001
• Fax: N/A
• Employees: 300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $22.50
• High Stock Price Target: $26.00
• Low Stock Price Target: $19.00
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.29
• Trailing P/E Ratio: 32.35
• Forward P/E Ratio: N/A
• P/E Growth: 0.93
• Net Income: $-17,680,000.00
• Net Margins: 1.41%
• Pretax Margin: -0.29%
• Return on Equity: 9.18%
• Return on Assets: 3.88%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.26
• Quick Ratio: 0.60

Sales & Book Value

• Annual Sales: $326.23 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $4.89 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 20,079,000
• Free Float: 19,055,000
• Market Cap: $350.78 million
• Optionable: Optionable
• Beta: 2.07