Q3 Earnings Estimate for Turtle Beach Issued By Roth Capital

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Turtle Beach Corporation (NASDAQ:TBCH - Free Report) - Roth Capital dropped their Q3 2025 earnings estimates for Turtle Beach in a research note issued to investors on Sunday, August 17th. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their prior estimate of $0.06. 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 Q4 2025 earnings at $1.08 EPS and Q4 2026 earnings at $1.24 EPS.

Several other research firms also recently issued reports on TBCH. Wedbush reiterated a "neutral" rating and set a $13.50 price objective (up from $12.00) on shares of Turtle Beach in a research note on Monday, August 4th. Craig Hallum decreased their price objective on shares of Turtle Beach from $23.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, Oppenheimer reiterated an "outperform" rating and set a $19.00 price objective on shares of Turtle Beach in a research note on Friday, August 8th. Two analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $16.17.

Turtle Beach Trading Up 4.3%

TBCH stock traded up $0.66 on Tuesday, hitting $16.12. 430,332 shares of the company were exchanged, compared to its average volume of 251,853. Turtle Beach has a twelve month low of $8.78 and a twelve month high of $19.50. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.83 and a quick ratio of 0.81. The business's fifty day moving average is $14.31 and its two-hundred day moving average is $13.65. The stock has a market capitalization of $319.34 million, a price-to-earnings ratio of 17.15, a price-to-earnings-growth ratio of 0.92 and a beta of 1.96.

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 for the quarter, beating analysts' consensus estimates of ($0.27) by $0.13. The business had revenue of $56.78 million during the quarter, compared to analyst estimates of $57.23 million. Turtle Beach had a net margin of 5.53% and a return on equity of 18.23%. Turtle Beach has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Turtle Beach

Several large investors have recently bought and sold shares of the stock. State of Wyoming bought a new position in shares of Turtle Beach during the 2nd quarter valued at about $120,000. Shay Capital LLC bought a new position in shares of Turtle Beach during the 2nd quarter valued at about $1,867,000. Manatuck Hill Partners LLC bought a new position in shares of Turtle Beach during the 2nd quarter valued at about $2,489,000. Lazard Asset Management LLC acquired a new position in shares of Turtle Beach in the second quarter worth about $76,000. Finally, Bridgeway Capital Management LLC acquired a new position in shares of Turtle Beach in the second quarter worth about $631,000. Institutional investors and hedge funds own 67.01% of the company's stock.

Insider Buying and Selling at Turtle Beach

In other news, Director William Z. Wyatt bought 693,962 shares of the firm's stock in a transaction dated Thursday, August 14th. The stock was acquired at an average cost of $14.41 per share, for a total transaction of $9,999,992.42. Following the completion of the purchase, the director owned 693,962 shares of the company's stock, valued at $9,999,992.42. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Dc Vga Llc sold 1,388,888 shares of the company's stock in a transaction on 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 transaction, the insider owned 2,061,112 shares of the company's stock, valued at $29,700,623.92. This trade represents a 40.26% decrease in their ownership of the stock. The disclosure for this sale 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.