Brokers Set Expectations for Turtle Beach FY2025 Earnings

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) - Analysts at Roth Capital decreased their FY2025 earnings per share estimates for Turtle Beach in a research report issued on Sunday, August 17th. Roth Capital analyst S. Mcgowan now expects that the company will earn $0.92 per share for the year, down from their prior forecast 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 released its quarterly earnings results on Thursday, August 7th. The company reported ($0.14) EPS for the quarter, topping analysts' consensus estimates of ($0.27) by $0.13. Turtle Beach had a return on equity of 18.23% and a net margin of 5.53%.The company had revenue of $56.78 million for the quarter, compared to analysts' expectations of $57.23 million. Turtle Beach has set its FY 2025 guidance at EPS.

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

Turtle Beach Trading Down 2.2%

NASDAQ:TBCH traded down $0.35 during trading hours on Wednesday, reaching $15.77. 39,452 shares of the stock were exchanged, compared to its average volume of 279,836. 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 business has a 50-day moving average of $14.31 and a two-hundred day moving average of $13.65. Turtle Beach has a twelve month low of $8.78 and a twelve month high of $19.50. The company has a market capitalization of $312.40 million, a price-to-earnings ratio of 16.78, a PEG ratio of 0.92 and a beta of 1.96.

Institutional Investors Weigh In On Turtle Beach

Several hedge funds have recently made changes to their positions in the business. Signaturefd LLC acquired a new stake in shares of Turtle Beach during the second quarter worth about $41,000. AlphaQuest LLC acquired a new stake in Turtle Beach in the second quarter valued at about $52,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Turtle Beach in the second quarter valued at about $55,000. CWM LLC acquired a new stake in Turtle Beach in the second quarter valued at about $65,000. Finally, Lazard Asset Management LLC acquired a new stake in Turtle Beach in the second quarter valued at about $76,000. Institutional investors and hedge funds own 67.01% of the company's stock.

Insider Activity

In other news, major shareholder Dc Vga Llc sold 1,388,888 shares of the stock in a transaction dated Thursday, August 21st. The shares were 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William Z. Wyatt bought 693,962 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were acquired at an average price of $14.41 per share, with a total value of $9,999,992.42. Following the purchase, 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 position. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by corporate insiders.

Turtle Beach Company Profile

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.