Q1 Earnings Forecast for Turtle Beach Issued By Roth Capital

Turtle Beach Corp (NASDAQ:TBCH - Free Report) - Research analysts at Roth Capital issued their Q1 2027 earnings estimates for Turtle Beach in a report issued on Wednesday, April 30th. Roth Capital analyst S. Mcgowan expects that the company will post earnings per share of $0.03 for the quarter. The consensus estimate for Turtle Beach's current full-year earnings is $1.17 per share.

Several other equities analysts also recently issued reports on TBCH. Craig Hallum cut their price target on shares of Turtle Beach from $23.00 to $16.00 and set a "buy" rating for the company in a report on Friday. Wedbush reiterated a "neutral" rating and issued a $9.00 target price (down previously from $21.00) on shares of Turtle Beach in a research note on Tuesday.

Turtle Beach Stock Performance

Shares of NASDAQ TBCH traded up $0.72 during midday trading on Monday, reaching $10.56. 1,057,330 shares of the company traded hands, compared to its average volume of 291,982. Turtle Beach has a 12 month low of $8.78 and a 12 month high of $19.50. The company has a current ratio of 1.26, a quick ratio of 0.60 and a debt-to-equity ratio of 0.45. The business's 50-day moving average price is $12.40. The firm has a market capitalization of $212.44 million, a price-to-earnings ratio of 36.41, a PEG ratio of 0.77 and a beta of 2.04.

Turtle Beach (NASDAQ:TBCH - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.05) by $0.02. Turtle Beach had a return on equity of 9.18% and a net margin of 1.41%. The business had revenue of $63.90 million during the quarter, compared to the consensus estimate of $62.33 million.

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.