FY2025 EPS Forecast for Turtle Beach Decreased by Analyst

Key Points

• Roth Capital has revised down its FY2025 earnings per share estimate for Turtle Beach to $0.92, down from $0.96, with a consensus full-year estimate at $1.17.
• The company's stock is currently rated as a "Moderate Buy" with a consensus price target of $16.17, while recent estimates for Q1 and Q2 2026 indicate potential losses.
• Insider trading activity saw Director William Z. Wyatt purchase 693,962 shares at an average cost of $14.41 per share, significantly increasing his stake in the company.

Turtle Beach Corporation (NASDAQ:TBCH - Free Report) - Stock analysts at Roth Capital reduced their FY2025 earnings per share estimates for shares of Turtle Beach in a research report issued on Sunday, August 17th. Roth Capital analyst S. Mcgowan now forecasts that the company will earn $0.92 per share for the year, down from their prior estimate of $0.96. The consensus estimate for Turtle Beach's current full-year earnings is $1.17 per share. Roth Capital also issued estimates for Turtle Beach's Q1 2026 earnings at ($0.14) EPS, Q2 2026 earnings at ($0.23) EPS and FY2027 earnings at $1.77 EPS.

Turtle Beach (NASDAQ:TBCH - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.27) by $0.13. Turtle Beach had a return on equity of 18.23% and a net margin of 5.53%.The firm had revenue of $56.78 million for the quarter, compared to the consensus estimate of $57.23 million. Turtle Beach has set its FY 2025 guidance at EPS.

Several other equities analysts have also recently weighed in on TBCH. Oppenheimer reiterated an "outperform" rating and set a $19.00 price objective on shares of Turtle Beach in a research report on Friday, August 8th. Wedbush reaffirmed a "neutral" rating and set a $13.50 target price (up previously from $12.00) on shares of Turtle Beach in a research note on Monday, August 4th. Finally, Craig Hallum cut their target price on shares of Turtle Beach from $23.00 to $16.00 and set a "buy" rating for the company in a research report on Friday, May 9th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $16.17.

Turtle Beach Trading Up 4.3%

Shares of TBCH stock traded up $0.66 during trading hours on Wednesday, reaching $16.12. 430,332 shares of the stock traded hands, compared to its average volume of 237,129. The company has a quick ratio of 0.81, a current ratio of 1.83 and a debt-to-equity ratio of 0.34. The firm has a market capitalization of $319.29 million, a PE ratio of 17.15, a PEG ratio of 0.88 and a beta of 1.96. Turtle Beach has a 1-year low of $8.78 and a 1-year high of $19.50. The business has a fifty day moving average price of $14.31 and a 200 day moving average price of $13.65.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Garnet Equity Capital Holdings Inc. acquired a new stake in shares of Turtle Beach in the second quarter valued at about $22,608,000. Bank of America Corp DE acquired a new position in shares of Turtle Beach during the 2nd quarter worth about $6,930,000. AWM Investment Company Inc. bought a new stake in Turtle Beach during the 2nd quarter valued at approximately $6,256,000. Geode Capital Management LLC acquired a new stake in Turtle Beach in the 2nd quarter valued at approximately $5,438,000. Finally, North Star Investment Management Corp. bought a new position in Turtle Beach in the 2nd quarter worth approximately $3,153,000. Institutional investors and hedge funds own 67.01% of the company's stock.

Insider Buying and Selling at Turtle Beach

In other news, major shareholder Dc Vga Llc sold 1,388,888 shares of the company's stock in a transaction dated Thursday, August 21st. The stock was sold at an average price of $14.41, for a total transaction of $20,013,876.08. Following the completion of the sale, the insider owned 2,061,112 shares in the company, valued at approximately $29,700,623.92. This represents a 40.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director William Z. Wyatt bought 693,962 shares of the firm's stock in a transaction on Thursday, August 14th. The shares were bought at an average cost of $14.41 per share, with a total value of $9,999,992.42. Following the transaction, the director directly owned 693,962 shares of the company's stock, valued at approximately $9,999,992.42. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 3.30% of the company's stock.

About Turtle Beach

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.