Turtle Beach Corp Stock Buy Hold or Sell Recommendation
| HEAR Stock | USD 15.04 0.42 2.72% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Turtle Beach Corp is 'Sell'. Macroaxis provides Turtle Beach buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEAR positions. The advice algorithm takes into account all of Turtle Beach's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Turtle Beach's buy or sell advice are summarized below:
Real Value 12.14 | Target Price 15 | Hype Value 15.04 | Market Value 15.04 | Naive Value 13.03 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Turtle Beach Corp given historical horizon and risk tolerance towards Turtle Beach. When Macroaxis issues a 'buy' or 'sell' recommendation for Turtle Beach Corp, the advice is generated through an automated system that utilizes algorithms and statistical models.
Turtle |
Execute Turtle Beach Buy or Sell Advice
The Turtle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Turtle Beach Corp. Macroaxis does not own or have any residual interests in Turtle Beach Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Turtle Beach's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Turtle Beach Trading Alerts and Improvement Suggestions
| Turtle Beach Corp appears to be risky and price may revert if volatility continues | |
| The company reported the previous year's revenue of 258.12 M. Net Loss for the year was (17.68 M) with profit before overhead, payroll, taxes, and interest of 49.19 M. | |
| About 71.0% of the company shares are owned by institutional investors | |
| Latest headline from zacks.com: Lantronix Introduces Two New Edge Compute Trackers |
Turtle Beach Returns Distribution Density
The distribution of Turtle Beach's historical returns is an attempt to chart the uncertainty of Turtle Beach's future price movements. The chart of the probability distribution of Turtle Beach daily returns describes the distribution of returns around its average expected value. We use Turtle Beach Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Turtle Beach returns is essential to provide solid investment advice for Turtle Beach.
| Mean Return | 0.68 | Value At Risk | -4.4 | Potential Upside | 8.70 | Standard Deviation | 4.77 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Turtle Beach historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Turtle Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Turtle Beach is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Turtle Beach Corp backward and forwards among themselves. Turtle Beach's institutional investor refers to the entity that pools money to purchase Turtle Beach's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 366.8 K | State Street Corporation | 2023-12-31 | 329.4 K | Long Focus Capital Management, Llc | 2023-12-31 | 305 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 293.5 K | Acadian Asset Management Llc | 2023-12-31 | 289 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 206.3 K | Susquehanna International Group, Llp | 2023-12-31 | 202.2 K | Millennium Management Llc | 2023-12-31 | 191.6 K | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 171 K | Blackrock Inc | 2023-12-31 | 1.3 M | Hawkeye Capital Management, Llc | 2023-09-30 | 746.4 K |
Turtle Beach Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 7.3M | (30.7M) | (32.2M) | 22.1M | 27.3M | 28.7M | |
| Free Cash Flow | 37.5M | 45.4M | (5.9M) | (45.4M) | 24.8M | 26.0M | |
| Depreciation | 5.2M | 5.2M | 5.3M | 5.8M | 4.8M | 4.1M | |
| Other Non Cash Items | 1.2M | 6.8M | (1.9M) | 5.7M | 1.5M | 1.4M | |
| Capital Expenditures | 1.9M | 5.7M | 5.6M | 3.5M | 2.2M | 2.9M | |
| Net Income | 17.9M | 38.7M | 17.7M | (59.5M) | (17.7M) | (16.8M) | |
| Change In Cash | 1.2M | 38.4M | (9.0M) | (26.3M) | 7.3M | 7.7M | |
| End Period Cash Flow | 8.2M | 46.7M | 37.7M | 11.4M | 18.7M | 12.9M | |
| Net Borrowings | (37.7M) | (21.7M) | (15.7M) | 19.1M | 21.9M | 23.0M | |
| Change To Netincome | (414K) | 10.2M | 8.9M | 19.7M | 22.7M | 19.5M | |
| Change Receivables | (7.0M) | 9.9M | (1.8M) | 9.7M | 11.1M | 11.7M | |
| Investments | (14.6M) | (5.7M) | (8.1M) | (3.5M) | (3.6M) | (3.8M) |
Turtle Beach Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Turtle Beach or Household Durables sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Turtle Beach's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Turtle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.63 | |
β | Beta against NYSE Composite | 0.73 | |
σ | Overall volatility | 4.87 | |
Ir | Information ratio | 0.13 |
Turtle Beach Volatility Alert
Turtle Beach Corp currently demonstrates below-average downside deviation. It has Information Ratio of 0.13 and Jensen Alpha of 0.63. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Turtle Beach's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Turtle Beach's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Turtle Beach Fundamentals Vs Peers
Comparing Turtle Beach's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Turtle Beach's direct or indirect competition across all of the common fundamentals between Turtle Beach and the related equities. This way, we can detect undervalued stocks with similar characteristics as Turtle Beach or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Turtle Beach's fundamental indicators could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Turtle Beach to competition |
| Fundamentals | Turtle Beach | Peer Average |
| Return On Equity | -0.2 | -0.31 |
| Return On Asset | -0.063 | -0.14 |
| Profit Margin | (0.07) % | (1.27) % |
| Operating Margin | 0.07 % | (5.51) % |
| Current Valuation | 267.52 M | 16.62 B |
| Shares Outstanding | 21.05 M | 571.82 M |
| Shares Owned By Insiders | 32.47 % | 10.09 % |
| Shares Owned By Institutions | 71.35 % | 39.21 % |
| Number Of Shares Shorted | 735.83 K | 4.71 M |
| Price To Earning | 116.00 X | 28.72 X |
| Price To Book | 4.04 X | 9.51 X |
| Price To Sales | 1.33 X | 11.42 X |
| Revenue | 258.12 M | 9.43 B |
| Gross Profit | 49.19 M | 27.38 B |
| EBITDA | (9.89 M) | 3.9 B |
| Net Income | (17.68 M) | 570.98 M |
| Cash And Equivalents | 10.51 M | 2.7 B |
| Cash Per Share | 0.63 X | 5.01 X |
| Total Debt | 7.73 M | 5.32 B |
| Debt To Equity | 0.48 % | 48.70 % |
| Current Ratio | 1.76 X | 2.16 X |
| Book Value Per Share | 4.85 X | 1.93 K |
| Cash Flow From Operations | 26.96 M | 971.22 M |
| Short Ratio | 1.34 X | 4.00 X |
| Earnings Per Share | (1.03) X | 3.12 X |
| Price To Earnings To Growth | 1.17 X | 4.89 X |
| Target Price | 22.2 | |
| Number Of Employees | 252 | 18.84 K |
| Beta | 2.18 | -0.15 |
| Market Capitalization | 325.5 M | 19.03 B |
| Total Asset | 149.97 M | 29.47 B |
| Retained Earnings | (134.28 M) | 9.33 B |
| Working Capital | 68.52 M | 1.48 B |
Note: Acquisition by Sze Julia of 5000 shares of Turtle Beach at 11.03 subject to Rule 16b-3 [view details]
Turtle Beach Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Turtle . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Turtle Beach Buy or Sell Advice
When is the right time to buy or sell Turtle Beach Corp? Buying financial instruments such as Turtle Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Current Liabilities | 37.7M | 25.4M | 23.0M | 15.4M | Total Assets | 230.5M | 163.4M | 150.0M | 111.8M |
Use Investing Ideas to Build Portfolios
In addition to having Turtle Beach in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. The Junk Bonds Funds theme has 40 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Junk Bonds Funds Theme or any other thematic opportunities.
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Check out Turtle Beach Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Earnings Share (1.03) | Revenue Per Share 15.064 | Quarterly Revenue Growth (0.01) | Return On Assets (0.06) |
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.