Turtle Beach Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Turtle Beach stock.
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Turtle Beach saw a drop in short interest in the month of May. As of May 28th, there was short interest totaling 1,270,000 shares, a drop of 19.1% from the May 13th total of 1,570,000 shares. Based on an average trading volume of 444,700 shares, the days-to-cover ratio is currently 2.9 days.
View Turtle Beach's Short Interest.

Turtle Beach is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Turtle Beach.

Turtle Beach Co. (NASDAQ:HEAR) issued its quarterly earnings data on Tuesday, May, 4th. The communications equipment provider reported $0.52 EPS for the quarter, beating the Zacks' consensus estimate of $0.46 by $0.06. The communications equipment provider earned $93.05 million during the quarter, compared to analyst estimates of $88.07 million. Turtle Beach had a trailing twelve-month return on equity of 47.89% and a net margin of 12.23%.
View Turtle Beach's earnings history.

Turtle Beach's stock was trading at $5.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HEAR shares have increased by 465.9% and is now trading at $32.54.
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Shares of Turtle Beach reverse split on 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 issued an update on its FY 2021 earnings guidance on Wednesday, May, 26th. The company provided EPS guidance of 1.500-1.500 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.330. The company issued revenue guidance of $385 million-$385 million, compared to the consensus revenue estimate of $371.38 million.

6 Wall Street analysts have issued 12 month target prices for Turtle Beach's shares. Their forecasts range from $25.00 to $42.00. On average, they expect Turtle Beach's share price to reach $36.67 in the next twelve months. This suggests a possible upside of 12.7% from the stock's current price.
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12 employees have rated Turtle Beach CEO Juergen Stark on Glassdoor.com. Juergen Stark has an approval rating of 87% among Turtle Beach's employees.

Some companies that are related to Turtle Beach include Vocera Communications (VCRA), Inseego (INSG), Napco Security Technologies (NSSC), ADVA Optical Networking (ADVOF), Rekor Systems (REKR), Iteris (ITI), PowerFleet (PWFL), COMSovereign (COMS), Vislink Technologies (VISL), Magal Security Systems (MAGS), George Risk Industries (RSKIA), Wireless Telecom Group (WTT), UTStarcom (UTSI), AmpliTech Group (AMPG) and ALR Technologies (ALRT).
View all of HEAR's competitors.

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), Intel (INTC), Alibaba Group (BABA), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), Square (SQ) and Roku (ROKU).

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

Turtle Beach's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.29%), Systematic Financial Management LP (2.55%), Nuveen Asset Management LLC (2.50%), North Star Investment Management Corp. (2.53%), Acadian Asset Management LLC (1.63%) and Geode Capital Management LLC (1.57%). Company insiders that own Turtle Beach stock include Juergen M Stark, Lloyd Gregory Ballard 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 Renaissance Technologies LLC, Systematic Financial Management LP, Hussman Strategic Advisors Inc., Cubist Systematic Strategies LLC, Morgan Stanley, Wedge Capital Management L L P NC, Nuveen Asset Management LLC, and Goldman Sachs Group Inc.. Company insiders that have sold Turtle Beach company stock in the last year include Juergen M Stark, Lloyd Gregory Ballard, and William E Keitel.
View insider buying and selling activity for Turtle Beach or view top insider-selling stocks.

HEAR stock was bought by a variety of institutional investors in the last quarter, including Great Lakes Advisors LLC, BlackRock Inc., Manatuck Hill Partners LLC, Hennessy Advisors Inc., Alpha Paradigm Partners LLC, PDT Partners LLC, Citigroup Inc., and Schroder Investment Management Group. Company insiders that have bought Turtle Beach stock in the last two years include Juergen M Stark, and Lloyd Gregory Ballard.
View insider buying and selling activity for Turtle Beach or or view top insider-buying stocks.

Shares of HEAR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HEAR stock can currently be purchased for approximately $32.54.

Turtle Beach has a market capitalization of $514.82 million and generates $360.09 million in revenue each year. The communications equipment provider earns $38.75 million in net income (profit) each year or $2.22 on an earnings per share basis.

Turtle Beach employs 253 workers across the globe.

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

Turtle Beach is headquartered at 11011 Via Frontera Suite A/B, San Diego CA, 92127.

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]