Turtle Beach Stock Forecast, Price & News

Turtle Beach's stock was trading at $5.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HEAR stock has increased by 208.7% and is now trading at $17.75.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Turtle Beach.

Turtle Beach is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020.
View our earnings forecast for Turtle Beach.

Turtle Beach Corp (NASDAQ:HEAR) released its quarterly earnings results on Thursday, August, 6th. The communications equipment provider reported $0.42 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.05. The communications equipment provider had revenue of $79.68 million for the quarter, compared to analysts' expectations of $75.55 million. Turtle Beach had a net margin of 8.33% and a return on equity of 23.60%.
View Turtle Beach's earnings history.

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 closing bell 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.

Turtle Beach updated its FY 2020 Pre-Market earnings guidance on Thursday, August, 6th. The company provided earnings per share guidance of 0.80-0.80 for the period, compared to the Thomson Reuters consensus estimate of $0.50. The company issued revenue guidance of $300-300 million, compared to the consensus revenue estimate of $260.65 million.

5 brokers have issued 12 month price targets for Turtle Beach's stock. Their forecasts range from $12.00 to $26.00. On average, they anticipate Turtle Beach's share price to reach $19.20 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for Turtle Beach.

Some companies that are related to Turtle Beach include Vocera Communications (VCRA), Napco Security Technologies (NSSC), ADVA Optical Networking (ADVOF), Rekor Systems (REKR), PowerFleet (PWFL), Iteris (ITI), I.D. Systems (IDSY), Magal Security Systems (MAGS), Risk (George) Industries (RSKIA), UTStarcom (UTSI), Vislink Technologies (VISL), Grow Capital (GRWC), The Coretec Group (CRTG), Track Group (TRCK) and True Nature (TNTY).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Turtle Beach investors own include Micron Technology (MU), Advanced Micro Devices (AMD), NVIDIA (NVDA), Alibaba Group (BABA), Intel (INTC), Tesla (TSLA), Netflix (NFLX), Square (SQ), Cisco Systems (CSCO) and AT&T (T).

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

Turtle Beach's stock is owned by a variety of institutional and retail investors. Top institutional investors include Rip Road Capital Partners LP (4.29%), AWM Investment Company Inc. (3.50%), North Star Investment Management Corp. (2.42%), Russell Investments Group Ltd. (1.82%), Marshall Wace LLP (1.23%) and Hussman Strategic Advisors Inc. (1.05%). Company insiders that own Turtle Beach stock include Andrew Wolfe, John T Hanson, Juergen M Stark, Lloyd Gregory Ballard, Ronald Doornink, Sg Vtb Holdings, Llc and William E Keitel.
View institutional ownership trends for Turtle Beach.

HEAR stock was sold by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Cadence Capital Management LLC, National Asset Management Inc., Janney Montgomery Scott LLC, National Investment Services of America LLC, Envestnet Asset Management Inc., PNC Financial Services Group Inc., and Brinker Capital Inc..
View insider buying and selling activity for Turtle Beach.

HEAR stock was purchased by a variety of institutional investors in the last quarter, including Rip Road Capital Partners LP, Marshall Wace LLP, Hussman Strategic Advisors Inc., North Star Investment Management Corp., Nuveen Asset Management LLC, EAM Investors LLC, Exchange Traded Concepts LLC, and Wedge Capital Management L L P NC. Company insiders that have bought Turtle Beach stock in the last two years include Andrew Wolfe, John T Hanson, Juergen M Stark, Lloyd Gregory Ballard, and Ronald Doornink.
View insider buying and selling activity for 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, Robinhood, Fidelity, and Charles Schwab.

One share of HEAR stock can currently be purchased for approximately $17.75.

Turtle Beach has a market capitalization of $259.06 million and generates $234.66 million in revenue each year. The communications equipment provider earns $17.94 million in net income (profit) each year or $0.74 on an earnings per share basis. Turtle Beach employs 136 workers across the globe.

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

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]