Turtle Beach Corp Stock Today
| HEAR Stock | USD 14.14 0.26 1.81% |
Performance7 of 100
| Odds Of DistressLess than 8
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Turtle Beach is selling at 14.14 as of the 23rd of April 2024; that is -1.81% down since the beginning of the trading day. The stock's lowest day price was 14.14. Turtle Beach has only a 8 % chance of going through financial distress over the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Turtle Beach Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of March 2024 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 5th of October 2010 | Category Technology | Classification Consumer Discretionary |
Turtle Beach Corporation operates as an audio technology company. The company was founded in 1975 and is headquartered in White Plains, New York. Turtle Beach operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. The company has 21.05 M outstanding shares of which 735.83 K shares are currently shorted by private and institutional investors with about 1.34 trading days to cover. More on Turtle Beach Corp
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Turtle Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Turtle Beach's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Turtle Beach or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Juergen Stark | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Consumer Electronics, Consumer Durables & Apparel, Consumer Discretionary, NASDAQ Composite, NASDAQ Composite Total, Consumer Discretionary, Household Durables, Consumer Electronics, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Turtle Beach report their recommendations after researching Turtle Beach's financial statements, talking to executives and customers, or listening in on Turtle Beach's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Turtle Beach Corp. The Turtle consensus assessment is calculated by taking the average forecast from all of the analysts covering Turtle Beach. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators obtained from Turtle Beach's historical financial statements, Turtle Beach Corp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Turtle Beach Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Turtle Beach's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Turtle Beach's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Turtle Beach's financial leverage. It provides some insight into what part of Turtle Beach's total assets is financed by creditors.
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Turtle Beach Corp (HEAR) is traded on NASDAQ Exchange in USA. It is located in 44 South Broadway, White Plains, NY, United States, 10601 and employs 252 people. Turtle Beach is listed under Consumer Electronics category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 303.18 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Turtle Beach's market, we take the total number of its shares issued and multiply it by Turtle Beach's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Turtle Beach Corp conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 21.05 M outstanding shares of which 735.83 K shares are currently shorted by private and institutional investors with about 1.34 trading days to cover.
Turtle Beach Corp currently holds about 10.51 M in cash with 26.96 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.63.
Check Turtle Beach Probability Of Bankruptcy
Ownership AllocationTurtle Beach maintains a total of 21.05 Million outstanding shares. The majority of Turtle Beach Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Turtle Beach to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Turtle Beach Corp. Please pay attention to any change in the institutional holdings of Turtle Beach Corp as this could imply that something significant has changed or is about to change at the company. Also note that roughly eight hundred fourty-two thousand one hundred seventy-two invesors are currently shorting Turtle Beach expressing very little confidence in its future performance.
Check Turtle Ownership Details
Turtle Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Turtle Beach jumping above the current price in 90 days from now is about 39.16%. The Turtle Beach Corp probability density function shows the probability of Turtle Beach stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Turtle Beach has a beta of 0.6421. This usually indicates as returns on the market go up, Turtle Beach average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Turtle Beach Corp will be expected to be much smaller as well. Additionally, turtle Beach Corp has an alpha of 0.5466, implying that it can generate a 0.55 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Turtle Beach to move above the current price in 90 days from now is about 39.16 (This Turtle Beach Corp probability density function shows the probability of Turtle Stock to fall within a particular range of prices over 90 days) .
Turtle Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Turtle Beach that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Turtle Beach's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Turtle Beach's value.| Instituion | Recorded On | 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 Historical Income Statement
Turtle Beach Corp Income Statement is one of the three primary financial statements used for reporting Turtle's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Turtle Beach Corp revenue and expense. Turtle Beach Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Turtle Beach's Research Development is relatively stable compared to the past year. As of 04/23/2024, Non Operating Income Net Other is likely to grow to about 122 K, while Interest Expense is likely to drop slightly above 478.8 K. View More FundamentalsTurtle Stock Against Markets
Picking the right benchmark for Turtle Beach stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Turtle Beach stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Turtle Beach is critical whether you are bullish or bearish towards Turtle Beach Corp at a given time. Please also check how Turtle Beach's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Turtle Beach without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Turtle Beach Corporate Directors
Turtle Beach corporate directors refer to members of a Turtle Beach board of directors. The board of directors generally takes responsibility for the Turtle Beach's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Turtle Beach's board members must vote for the resolution. The Turtle Beach board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| William Keitel | Director | Profile | |
| Kelly Thompson | Director | Profile | |
| Gregory Ballard | Director | Profile | |
| Kenneth Fox | Director | Profile |
How to buy Turtle Stock?
Before investing in Turtle Beach, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Turtle Beach. To buy Turtle Beach stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Turtle Beach. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Turtle Beach stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Turtle Beach Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Turtle Beach Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Turtle Beach Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Turtle Stock please use our How to Invest in Turtle Beach guide.
Already Invested in Turtle Beach Corp?
The danger of trading Turtle Beach Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Turtle Beach is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Turtle Beach. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Turtle Beach Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Turtle Beach Corp is a strong investment it is important to analyze Turtle Beach's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Turtle Beach's future performance. For an informed investment choice regarding Turtle Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. 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 FinTech Suite module to use AI to screen and filter profitable 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.
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
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| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
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.