LON:TUNE

Focusrite (TUNE) Share Forecast, Price & News

GBX 525

-5.00 (-0.94%)

(As of 09/27/2023 ET)

Compare

Today's Range: 510.30
▼
539.80
50-Day Range: 495
▼
576
52-Week Range: 410
▼
870

Volume: 24,667 shs
Average Volume: 68,295 shs
Market Capitalization: £310.85 million

P/E Ratio: 1,505.88
Dividend Yield: 1.14%
Price Target: GBX 1,100

Profile Analyst Ratings Chart Competitors Dividend Insider Trades Headlines

About Focusrite (LON:TUNE) Stock

Focusrite plc develops and markets hardware and software products primarily for audio professionals and amateur musicians in North America, Europe, the Middle East, Africa, and internationally. It operates through Focusrite, Novation, ADAM Audio, Martin Audio, and Sequential segments. The company provides audio interface and other products for musicians under the Focusrite and Focusrite Pro brands; and products that are used in the creation of electronic music using synthesizers, grooveboxes, controllers, and software and apps under the Novation and Ampify brands. It also manufactures and distributes professional monitoring and loudspeaker technology under the ADAM Audio brand; performance ready systems for auditoriums under the Martin Audio brand; and analogue synthesizers under the Sequential brand. The company sells its products through distributors, retailers, and system integrators, as well as directly to end users through its e-commerce platform and in-app software. Focusrite plc was founded in 1985 and is headquartered in High Wycombe, the United Kingdom.

TUNE Price History

30 days | 90 days | 365 days | Advanced Chart

TUNE Stock News Headlines

August 31, 2023 | yahoo.com

World's best-selling audio interfaces reimagined as Focusrite launches Scarlett 4th Gen range

August 31, 2023 | businesswire.com

Focusrite Announces 4th Generation Scarlett Interfaces; More Info at B&H

September 27, 2023 | Micro-Cap Stock Trader (Ad)

U.S. drive to onshore battery supply chains could create big winners in lithium

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

August 23, 2023 | foxnews.com

Ramaswamy changes tune from previous comments on Trump ahead of GOP debate: ‘Not the same Donald Trump’

July 30, 2023 | finance.yahoo.com

Some Investors May Be Worried About Focusrite's (LON:TUNE) Returns On Capital

July 1, 2023 | finance.yahoo.com

Will Weakness in Focusrite plc's (LON:TUNE) Stock Prove Temporary Given Strong Fundamentals?

June 5, 2023 | finance.yahoo.com

Investors in Focusrite (LON:TUNE) have unfortunately lost 52% over the last year

May 11, 2023 | msn.com

Focusrite (LSE:TUNE) Price Target Decreased by 5.00% to 1,123.79

September 27, 2023 | Micro-Cap Stock Trader (Ad)

Windfall profits possible with this under-the-radar lithium stock.

Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons

April 28, 2023 | msn.com

Just released: our 3 top small-cap stocks to buy now [PREMIUM PICKS]

April 10, 2023 | msn.com

The hidden San Francisco business visited by LCD Soundsystem and the Killers

April 10, 2023 | finance.yahoo.com

What Is Focusrite plc's (LON:TUNE) Share Price Doing?

March 23, 2023 | finance.yahoo.com

Calculating The Intrinsic Value Of Focusrite plc (LON:TUNE)

February 20, 2023 | finance.yahoo.com

Capital Investment Trends At Focusrite (LON:TUNE) Look Strong

February 17, 2023 | forbes.com

SSL Brings The Magic Of Its 4000-Series To The Affordable SSL 2+ USB Interface

January 22, 2023 | finance.yahoo.com

Focusrite plc's (LON:TUNE) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

December 27, 2022 | finance.yahoo.com

Those who invested in Focusrite (LON:TUNE) five years ago are up 161%

December 11, 2022 | finance.yahoo.com

Focusrite plc Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

November 26, 2022 | finance.yahoo.com

Here's Why We Think Focusrite (LON:TUNE) Might Deserve Your Attention Today

October 31, 2022 | finance.yahoo.com

Is Now An Opportune Moment To Examine Focusrite plc (LON:TUNE)?

October 14, 2022 | finance.yahoo.com

Is Focusrite plc (LON:TUNE) Trading At A 36% Discount?

September 15, 2022 | lse.co.uk

Focusrite shares down as full-year earnings to be below expectations

September 13, 2022 | finance.yahoo.com

Focusrite (LON:TUNE) Is Aiming To Keep Up Its Impressive Returns

August 15, 2022 | finance.yahoo.com

Are Strong Financial Prospects The Force That Is Driving The Momentum In Focusrite plc's LON:TUNE) Stock?

July 15, 2022 | msn.com

Rode RodeCaster Pro II review: "An encompassing solution for all creators"

July 14, 2022 | finance.yahoo.com

Investors in Focusrite (LON:TUNE) have made a impressive return of 214% over the past five years

June 29, 2022 | msn.com

Dave Smith: Synth Prophet

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TUNE Company Calendar

Last Earnings: 5/12/2020
Today: 9/27/2023

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Industry, Sector and Symbol

Stock Exchange: LON
Industry: Leisure
Sub-Industry: N/A
Sector: Consumer Cyclical
Current Symbol: LON:TUNE
CUSIP: N/A
CIK: N/A
Web: focusriteplc.com
Phone: +44-1494-462246
Fax: N/A
Employees: 500
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: GBX 1,100
High Stock Price Forecast: GBX 1,500
Low Stock Price Forecast: GBX 700
Forecasted Upside/Downside: +107.5%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): GBX 0.34
Trailing P/E Ratio: 1,558.82
Forward P/E Ratio: 14.22
P/E Growth: 2.95
Net Income: £19.77 million
Net Margins: 11.16%
Pretax Margin: N/A
Return on Equity: 19.31%
Return on Assets: 10.24%

Debt

Debt-to-Equity Ratio: 24.19
Current Ratio: 1.61
Quick Ratio: 0.77

Sales & Book Value

Annual Sales: £177.08 million
Price / Sales: 1.77
Cash Flow: GBX 14.35 per share
Price / Cash Flow: 36.93
Book Value: GBX 189 per share
Price / Book: 2.80

Miscellaneous

Outstanding Shares: 59,210,000
Free Float: N/A
Market Cap: £313.81 million
Optionable: Not Optionable
Beta: 1.04

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Key Executives

Mr. Philip Stephen Dudderidge (Age 74)
Founder & Non-Exec. Chairman
Comp: $320k

Mr. Timothy Paul Carroll (Age 60)
CEO & Exec. Director
Comp: $398k

Ms. Sally Ann Mckone (Age 54)
CFO & Exec. Director
Comp: $309k

Mr. Timothy Dingley (Age 42)
Chief Operations Officer

Ms. Francine Godrich
Group Gen. Counsel & Company Sec.

Alicia Cousins
Chief People Officer

Mr. Damian Hawley (Age 52)
Chief Revenue Officer

Mr. Andy Land
Head of Sustainability

Mr. Christian Hellinger
Chief Exec. Officer of ADAM Audio

Mr. Dominic Harter
Chief Exec. Officer of Martin Audio

Key Competitors

View All Competitors

Insiders

Timothy Paul Carrol
Sold 15,000 shares
Total: £11.61 M ($774.00/share)

View All Insider Transactions

TUNE Stock - Frequently Asked Questions

Should I buy or sell Focusrite stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Focusrite in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" TUNE shares.
View TUNE analyst ratings or view top-rated stocks.
What is Focusrite's stock price forecast for 2023?: 2 Wall Street analysts have issued 12 month target prices for Focusrite's shares. Their TUNE share price forecasts range from GBX 700 to GBX 1,500. On average, they predict the company's share price to reach GBX 1,100 in the next year. This suggests a possible upside of 107.5% from the stock's current price.
View analysts price targets for TUNE or view top-rated stocks among Wall Street analysts.
How have TUNE shares performed in 2023?: Focusrite's stock was trading at GBX 830 on January 1st, 2023. Since then, TUNE shares have decreased by 36.1% and is now trading at GBX 530.
View the best growth stocks for 2023 here.
How were Focusrite's earnings last quarter?: Focusrite plc (LON:TUNE) posted its earnings results on Tuesday, May, 12th. The company reported $3.60 earnings per share (EPS) for the quarter. Focusrite had a trailing twelve-month return on equity of 19.31% and a net margin of 11.16%.
How often does Focusrite pay dividends? What is the dividend yield for Focusrite?: Focusrite declared a dividend on Tuesday, April 25th. Shareholders of record on Thursday, May 11th will be given a dividend of GBX 2.10 per share on Friday, June 9th. This represents a yield of 0.37%. The ex-dividend date is Thursday, May 11th. The official announcement can be accessed at this link.
Read our dividend analysis for TUNE.
Is Focusrite a good dividend stock?: Focusrite (LON:TUNE) pays an annual dividend of GBX 6 per share and currently has a dividend yield of 1.18%. The dividend payout ratio is 1,764.71%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for TUNE.

What other stocks do shareholders of Focusrite own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Focusrite investors own include NetApp (NTAP), Twitter (TWTR), TiVo (TIVO), EMC (EMC), Eros STX Global (EROS), FDM Group (FDM), FD Technologies (FDP), QUALCOMM (QCOM) and Teekay (TK).
What is Focusrite's stock symbol?: Focusrite trades on the London Stock Exchange (LON) under the ticker symbol "TUNE."
How do I buy shares of Focusrite?: Shares of TUNE stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
Compare Top Brokerages Here.
What is Focusrite's stock price today?: One share of TUNE stock can currently be purchased for approximately GBX 530.
How much money does Focusrite make?: Focusrite (LON:TUNE) has a market capitalization of £313.81 million and generates £177.08 million in revenue each year. The company earns £19.77 million in net income (profit) each year or GBX 0.34 on an earnings per share basis.
How many employees does Focusrite have?: The company employs 500 workers across the globe.
How can I contact Focusrite?: Focusrite's mailing address is Windsor House, Turnpike Road, HIGH WYCOMBE, HP12 3FX, United Kingdom. The official website for the company is focusriteplc.com. The company can be reached via phone at +44-1494-462246.

This page (LON:TUNE) was last updated on 9/27/2023 by MarketBeat.com Staff

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