NASDAQ:HEAR - Turtle Beach Stock Price, News, & Analysis

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$10.73 -0.61 (-5.38 %)
(As of 03/26/2019 04:00 PM ET)
Previous Close$11.34
Today's Range$10.68 - $11.66
52-Week Range$2.00 - $34.50
Volume1.16 million shs
Average Volume1.17 million shs
Market Capitalization$153.18 million
P/E Ratio3.52
Dividend YieldN/A
Beta1.06
Turtle Beach Corporation operates as an audio technology company. It provides various gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, and mobile and tablet devices under the Turtle Beach brand. The company also offers various sound technology products that delivers directional audio with applications in digital signage and kiosks, consumer electronics, and hearing healthcare under the brand name of HyperSound. It operates in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in San Diego, California.

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Industry, Sector and Symbol

Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:HEAR
CUSIPN/A
Phone888-496-8001

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$287.44 million
Cash Flow$3.3323 per share
Book Value$2.63 per share

Profitability

Net Income$39.19 million

Miscellaneous

Employees116
Market Cap$153.18 million
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable

Turtle Beach (NASDAQ:HEAR) Frequently Asked Questions

What is Turtle Beach's stock symbol?

Turtle Beach trades on the NASDAQ under the ticker symbol "HEAR."

When did Turtle Beach's stock split? How did Turtle Beach's stock split work?

Turtle Beach's stock reverse split on the morning of Monday, April 9th 2018. The 1-4 reverse split was announced on Friday, April 6th 2018. The number of shares owned by shareholders was adjusted after the market closes on Friday, April 6th 2018. An investor that had 100 shares of Turtle Beach stock prior to the reverse split would have 25 shares after the split.

How were Turtle Beach's earnings last quarter?

Turtle Beach Corp (NASDAQ:HEAR) issued its quarterly earnings results on Thursday, March, 14th. The communications equipment provider reported $1.33 EPS for the quarter, topping the Zacks' consensus estimate of $1.31 by $0.02. The communications equipment provider had revenue of $111.32 million for the quarter, compared to analyst estimates of $110.33 million. Turtle Beach had a net margin of 16.56% and a return on equity of 391.33%. View Turtle Beach's Earnings History.

When is Turtle Beach's next earnings date?

Turtle Beach is scheduled to release their next quarterly earnings announcement on Wednesday, May 8th 2019. View Earnings Estimates for Turtle Beach.

What guidance has Turtle Beach issued on next quarter's earnings?

Turtle Beach updated its first quarter 2019 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of $0.05-0.05 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.09. The company issued revenue guidance of $42-42 million, compared to the consensus revenue estimate of $34.84 million.Turtle Beach also updated its FY 2019 guidance to $0.90-1.10 EPS.

What price target have analysts set for HEAR?

5 equities research analysts have issued 1 year target prices for Turtle Beach's shares. Their forecasts range from $20.00 to $26.00. On average, they anticipate Turtle Beach's stock price to reach $23.00 in the next year. This suggests a possible upside of 114.4% from the stock's current price. View Analyst Price Targets for Turtle Beach.

What is the consensus analysts' recommendation for Turtle Beach?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Turtle Beach.

What are Wall Street analysts saying about Turtle Beach stock?

Here are some recent quotes from research analysts about Turtle Beach stock:
  • 1. According to Zacks Investment Research, "Turtle Beach Corporation is an audio technology company. It designs audio products for consumer, commercial and healthcare markets. The company markets premium headsets for use with personal computers, mobile devices and video game consoles under the brand Turtle Beach (TurtleBeach.com). Under the brand HyperSound (HyperSound.com), the company markets pioneering directed audio solutions that have applications in digital signage and kiosks, consumer electronics and healthcare. Turtle Beach Corporation, formerly known as Parametric Sound Corporation, is based in Valhalla, New York. " (2/8/2019)
  • 2. Maxim Group analysts commented, "Up to $10M of share repurchases via restructured revolver, which indicates that debtors are seeing strong data from Turtle Beach." (12/20/2018)

Has Turtle Beach been receiving favorable news coverage?

News headlines about HEAR stock have trended somewhat positive this week, according to InfoTrie. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Turtle Beach earned a daily sentiment score of 1.0 on InfoTrie's scale. They also assigned news articles about the communications equipment provider a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an impact on the stock's share price in the next several days.

Who are some of Turtle Beach's key competitors?

What other stocks do shareholders of Turtle Beach own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Turtle Beach investors own include Micron Technology (MU), NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Advanced Micro Devices (AMD), Canopy Growth (CGC), Intel (INTC), Twitter (TWTR), IQIYI (IQ) and Square (SQ).

Who are Turtle Beach's key executives?

Turtle Beach's management team includes the folowing people:
  • Mr. Juergen Stark, CEO, Pres & Director (Age 52)
  • Mr. John T. Hanson, CFO, Treasurer & Sec. (Age 61)
  • Mr. Cristopher Keirn, Sr. VP of Global Consumer Sales (Age 48)
  • Mr. Jose Rosado, VP of Global Operations
  • Mr. Joe Stachula, CTO & VP of Devel.

Who are Turtle Beach's major shareholders?

Turtle Beach's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include FMR LLC (4.64%), BlackRock Inc. (3.40%), Two Sigma Advisers LP (1.24%), 361 Capital LLC (1.06%), Hennessy Advisors Inc. (1.06%) and Bank of New York Mellon Corp (0.71%). Company insiders that own Turtle Beach stock include Andrew Wolfe, Carmine J Bonanno, Doornink 2012 Irrevocab Ronald, Doornink Revocable Living Trus, Frederick J Romano, John T Hanson, Juergen M Stark, Lloyd Gregory Ballard, M Doornink 2012 Irrevo Martha and Sg Vtb Holdings, Llc. View Institutional Ownership Trends for Turtle Beach.

Which institutional investors are selling Turtle Beach stock?

HEAR stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Two Sigma Advisers LP, Gotham Asset Management LLC, Barclays PLC, Jane Street Group LLC, Northpointe Capital LLC, ETF Managers Group LLC and Hennessy Advisors Inc.. Company insiders that have sold Turtle Beach company stock in the last year include Andrew Wolfe, Carmine J Bonanno, Doornink 2012 Irrevocab Ronald, Doornink Revocable Living Trus, Frederick J Romano, John T Hanson, Juergen M Stark, Lloyd Gregory Ballard, M Doornink 2012 Irrevo Martha and Sg Vtb Holdings, Llc. View Insider Buying and Selling for Turtle Beach.

Which institutional investors are buying Turtle Beach stock?

HEAR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, 361 Capital LLC, Scotia Capital Inc., Bank of New York Mellon Corp, Mackay Shields LLC, Janney Montgomery Scott LLC, Advisory Services Network LLC and Hancock Whitney Corp. View Insider Buying and Selling for Turtle Beach.

How do I buy shares of Turtle Beach?

Shares of HEAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Turtle Beach's stock price today?

One share of HEAR stock can currently be purchased for approximately $10.73.

How big of a company is Turtle Beach?

Turtle Beach has a market capitalization of $153.18 million and generates $287.44 million in revenue each year. The communications equipment provider earns $39.19 million in net income (profit) each year or $3.05 on an earnings per share basis. Turtle Beach employs 116 workers across the globe.

What is Turtle Beach's official website?

The official website for Turtle Beach is corp.turtlebeach.com.

How can I contact Turtle Beach?

Turtle Beach's mailing address is 11011 Via Frontera Suite A/B, San Diego CA, 92127. The communications equipment provider can be reached via phone at 888-496-8001 or via email at [email protected]


MarketBeat Community Rating for Turtle Beach (NASDAQ HEAR)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  330 (Vote Outperform)
Underperform Votes:  216 (Vote Underperform)
Total Votes:  546
MarketBeat's community ratings are surveys of what our community members think about Turtle Beach and other stocks. Vote "Outperform" if you believe HEAR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HEAR will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/26/2019 by MarketBeat.com Staff

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