NASDAQ:HEAR

Turtle Beach (HEAR) Stock Price, News & Analysis

$15.98
-0.18 (-1.11%)
(As of 05/10/2024 ET)
Today's Range
$15.85
$16.40
50-Day Range
$9.98
$17.75
52-Week Range
$7.97
$18.45
Volume
297,440 shs
Average Volume
346,928 shs
Market Capitalization
$343.89 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$23.50

Turtle Beach MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
47.1% Upside
$23.50 Price Target
Short Interest
Healthy
3.21% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.97mentions of Turtle Beach in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.77%
From $1.33 to $1.42 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.96 out of 5 stars

Computer And Technology Sector

120th out of 601 stocks

Communications Equipment, Not Elsewhere Classified Industry

3rd out of 11 stocks

HEAR stock logo

About Turtle Beach Stock (NASDAQ:HEAR)

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.

HEAR Stock Price History

HEAR Stock News Headlines

Does Logitech’s EPS Beat Signal the Rebound of Video Gaming? (HEAR)
Computer gaming and accessories manufacturer Logitech International S.A. (NASDAQ: LOGI) saw strength in its video gaming segment in Q1 2024.
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Q1 2024 Turtle Beach Corp Earnings Call
Turtle Beach: Q1 Earnings Snapshot
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Stifel Nicolaus Keeps Their Buy Rating on Turtle Beach (HEAR)
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Turtle Beach Corporation (HEAR)
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PDP's RIFFMASTER Shreds Through Pre-Orders
See More Headlines
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Company Calendar

Last Earnings
3/13/2024
Today
5/12/2024
Next Earnings (Estimated)
8/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Communications equipment, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:HEAR
Fax
N/A
Employees
252
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$23.50
High Stock Price Target
$26.00
Low Stock Price Target
$19.00
Potential Upside/Downside
+47.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$-17,680,000.00
Pretax Margin
-6.40%

Debt

Sales & Book Value

Annual Sales
$258.12 million
Book Value
$5.82 per share

Miscellaneous

Free Float
19,069,000
Market Cap
$343.89 million
Optionable
Optionable
Beta
2.21
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Key Executives

  • Mr. John T. HansonMr. John T. Hanson (Age 66)
    CFO, Treasurer & Secretary
    Comp: $519.58k
  • Mr. Cristopher Keirn (Age 52)
    CEO & Director
    Comp: $443.99k
  • Mr. Jose Rosado
    Senior Vice President of Global Operations
  • Mr. Joe Stachula
    CTO & Senior VP of Product Development
  • Ms. Megan Wynne
    General Counsel
  • MacLean Marshall
    Sr. Director of PR/Communications
  • Mr. Ryan Dell
    Senior Vice President of Global Marketing
  • Mr. Drew Johnson
    Senior Vice President of Global Sales
  • Mr. Matt Seymour
    Senior Vice President of Product Management

HEAR Stock Analysis - Frequently Asked Questions

Should I buy or sell Turtle Beach stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last year. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HEAR shares.
View HEAR analyst ratings
or view top-rated stocks.

What is Turtle Beach's stock price target for 2024?

4 Wall Street research analysts have issued twelve-month price objectives for Turtle Beach's stock. Their HEAR share price targets range from $19.00 to $26.00. On average, they anticipate the company's share price to reach $23.50 in the next year. This suggests a possible upside of 47.1% from the stock's current price.
View analysts price targets for HEAR
or view top-rated stocks among Wall Street analysts.

How have HEAR shares performed in 2024?

Turtle Beach's stock was trading at $10.95 on January 1st, 2024. Since then, HEAR stock has increased by 45.9% and is now trading at $15.98.
View the best growth stocks for 2024 here
.

When is Turtle Beach's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, August 5th 2024.
View our HEAR earnings forecast
.

How were Turtle Beach's earnings last quarter?

Turtle Beach Co. (NASDAQ:HEAR) issued its quarterly earnings data on Wednesday, March, 13th. The communications equipment provider reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.64 by $0.17. The communications equipment provider had revenue of $99.54 million for the quarter, compared to analyst estimates of $112.43 million. Turtle Beach had a negative net margin of 4.12% and a positive trailing twelve-month return on equity of 2.22%.

What ETFs hold Turtle Beach's stock?

ETFs with the largest weight of Turtle Beach (NASDAQ:HEAR) stock in their portfolio include AdvisorShares Vice ETF (VICE).Invesco Nasdaq Future Gen 200 ETF (QQQS).

When did Turtle Beach's stock split?

Turtle Beach's stock reverse split 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 closing bell 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.

What guidance has Turtle Beach issued on next quarter's earnings?

Turtle Beach issued an update on its FY 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $370.0 million-$380.0 million, compared to the consensus revenue estimate of $374.3 million.

What is Juergen Stark's approval rating as Turtle Beach's CEO?

12 employees have rated Turtle Beach Chief Executive Officer Juergen Stark on Glassdoor.com. Juergen Stark has an approval rating of 87% among the company's employees.

What other stocks do shareholders of Turtle Beach own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Turtle Beach investors own include Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), Block (SQ) and Roku (ROKU).

Who are Turtle Beach's major shareholders?

Turtle Beach's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (4.07%), Acadian Asset Management LLC (1.77%), Essex Investment Management Co. LLC (0.94%), GSA Capital Partners LLP (0.26%), Inspire Investing LLC (0.24%) and Westside Investment Management Inc. (0.15%). Insiders that own company stock include Andrew Wolfe, John T Hanson, Juergen M Stark, Katherine Lee Scherping, Lloyd Gregory Ballard, Michelle D Wilson and Terry Jimenez.
View institutional ownership trends
.

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.
Compare Top Brokerages Here.

This page (NASDAQ:HEAR) was last updated on 5/12/2024 by MarketBeat.com Staff

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