NASDAQ:HEAR Turtle Beach Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Turtle Beach Co. Please log in to your account or sign up in order to add this asset to your watchlist. $13.92 +0.30 (+2.20%) (As of 06/24/2022 04:00 PM ET) Add Compare Share Today's Range$13.47▼$14.2450-Day Range$13.16▼$19.3252-Week Range$13.08▼$33.58Volume382,498 shsAverage Volume508,405 shsMarket Capitalization$229.39 millionP/E Ratio174.02Dividend YieldN/APrice Target$29.40 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HEAR Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Turtle Beach and its competitors with MarketBeat's FREE daily newsletter. Email Address HEAR Stock Forecast (MarketRank)Overall MarketRank™2.62 out of 5 starsComputer And Technology Sector141st out of 923 stocksCommunications Equipment, Not Elsewhere Classified Industry1st out of 20 stocksAnalyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 3.1 5 -4 -3 -2 -1 - 3.5 Analyst's Opinion Consensus RatingTurtle Beach has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $29.40, Turtle Beach has a forecasted upside of 111.2% from its current price of $13.92.Amount of Analyst CoverageTurtle Beach has only been the subject of 2 research reports in the past 90 days. Previous Next 4.8 Community Rank Outperform VotesTurtle Beach has received 436 “outperform” votes. (Add your “outperform” vote.)Underperform VotesTurtle Beach has received 173 “underperform” votes. (Add your “underperform” vote.)Community SentimentTurtle Beach has received 71.59% “outperform” votes from our community.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. Previous Next 0.0 Dividend Strength Dividend YieldTurtle Beach does not currently pay a dividend.Dividend GrowthTurtle Beach does not have a long track record of dividend growth. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Turtle Beach insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 6.90% of the stock of Turtle Beach is held by insiders.Percentage Held by Institutions73.82% of the stock of Turtle Beach is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Turtle Beach are expected to grow by 63.74% in the coming year, from $0.91 to $1.49 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Turtle Beach is 174.02, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 13.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Turtle Beach is 174.02, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 23.93.Price to Earnings Growth RatioTurtle Beach has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTurtle Beach has a P/B Ratio of 1.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Turtle Beach (NASDAQ:HEAR)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. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in White Plains, New York.Read More HEAR Stock News HeadlinesJune 9, 2022 | finance.yahoo.comAward-Winning PC Peripherals Brand Roccat Extends Partnership With Gen.G Esports’ Korea-Based Overwatch, League of Legends, and PUBG TeamsMay 28, 2022 | theglobeandmail.comInstrument Name Turtle Beach Corp Instrument Symbol (HEAR-Q)May 17, 2022 | seekingalpha.comTurtle Beach gains after analyst upgrade on potential for saleMay 16, 2022 | finance.yahoo.comTurtle Beach and ROCCAT Partner With New Orleans Saints’ Defensive Star Chauncey Gardner-JohnsonMay 16, 2022 | seekingalpha.comTurtle Beach gains 4% on board deal with Donerail, expanded strategic reviewMay 16, 2022 | finance.yahoo.comTurtle Beach Announces Agreement with The Donerail Group to Refresh its Board of Directors and Provides Additional Detail Regarding Ongoing, Robust Alternatives ProcessMay 16, 2022 | finance.yahoo.comTurtle Beach to give activist investor Donerail three board seatsMay 15, 2022 | reuters.comExclusive: Gaming gear provider Turtle Beach nears board deal with DonerailMay 15, 2022 | finance.yahoo.comExclusive-Gaming gear provider Turtle Beach nears board deal with Donerail -sourcesMay 10, 2022 | nz.finance.yahoo.comTurtle Beach Launches Its Neat Microphones Brand in EuropeMay 9, 2022 | finance.yahoo.comTurtle Beach’s All-New Premium Stealth 700 Gen 2 MAX, Stealth 600 Gen 2 MAX, and Stealth 600 Gen 2 USB Wireless Gaming Headsets for Xbox Are Now Available GloballyMay 5, 2022 | finance.yahoo.comTurtle Beach told shareholders it is exploring a sales processMay 5, 2022 | seekingalpha.comPublic markets don't value us properly, says Turtle Beach's CEOSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Communications equipment, not elsewhere classified Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:HEAR CUSIPN/A CIK1493761 Webcorp.turtlebeach.com Phone(888) 496-8001FaxN/AEmployees272Year FoundedN/ACompany Calendar Last Earnings5/04/2022Today6/24/2022Next Earnings (Estimated)8/04/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$29.40 High Stock Price Forecast$32.00 Low Stock Price Forecast$27.00 Forecasted Upside/Downside+111.2%Consensus RatingBuy Rating Score (0-4)3 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.079990 Trailing P/E Ratio174.02 Forward P/E Ratio15.30 P/E Growth0.91Net Income$17.72 million Net Margins0.75% Pretax Margin-0.18% Return on Equity2.89% Return on Assets1.76% Debt Debt-to-Equity RatioN/A Current Ratio2.80 Quick Ratio0.85 Sales & Book Value Annual Sales$366.35 million Price / Sales0.63 Cash Flow$1.69 per share Price / Cash Flow8.22 Book Value$8.81 per share Price / Book1.58Miscellaneous Outstanding Shares16,479,000Free Float15,342,000Market Cap$229.39 million OptionableOptionable Beta1.51 Turtle Beach Frequently Asked Questions Should I buy or sell Turtle Beach stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Turtle Beach in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Turtle Beach stock. View analyst ratings for Turtle Beach or view top-rated stocks. What is Turtle Beach's stock price forecast for 2022? 4 Wall Street analysts have issued 1 year price objectives for Turtle Beach's shares. Their HEAR stock forecasts range from $27.00 to $32.00. On average, they predict Turtle Beach's stock price to reach $29.40 in the next twelve months. This suggests a possible upside of 111.2% from the stock's current price. View analysts' price targets for Turtle Beach or view top-rated stocks among Wall Street analysts. How has Turtle Beach's stock performed in 2022? Turtle Beach's stock was trading at $22.26 at the start of the year. Since then, HEAR shares have decreased by 37.5% and is now trading at $13.92. View the best growth stocks for 2022 here. When is Turtle Beach's next earnings date? Turtle Beach is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for Turtle Beach. How were Turtle Beach's earnings last quarter? Turtle Beach Co. (NASDAQ:HEAR) issued its quarterly earnings data on Wednesday, May, 4th. The communications equipment provider reported ($0.39) earnings per share for the quarter, topping analysts' consensus estimates of ($0.49) by $0.10. The communications equipment provider had revenue of $46.66 million for the quarter, compared to analyst estimates of $41.63 million. Turtle Beach had a net margin of 0.75% and a trailing twelve-month return on equity of 2.89%. View Turtle Beach's earnings history. When did Turtle Beach's stock split? How did Turtle Beach's stock split work? Turtle Beach shares 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 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. What guidance has Turtle Beach issued on next quarter's earnings? Turtle Beach issued an update on its FY 2022 earnings guidance on Monday, May, 16th. The company provided earnings per share guidance of $0.70-$1.20 for the period, compared to the consensus estimate of $0.89. The company issued revenue guidance of $348.04 million-$384.67 million, compared to the consensus revenue estimate of $364.05 million. Who are Turtle Beach's key executives? Turtle Beach's management team includes the following people: Mr. Juergen Stark, Chairman, CEO & Pres (Age 55, Pay $1.17M)Mr. John T. Hanson, CFO, Treasurer & Sec. (Age 64, Pay $610.97k) (LinkedIn Profile)Mr. Jose Rosado, Sr. VP of Global OperationsMr. Joe Stachula, CTO & Sr. VP of Product Devel.Ms. Megan Wynne, Gen. CounselMacLean Marshall, Sr. Director of PR/CommunicationsMr. Cristopher Keirn, Sr. VP of Global Sales (Age 51)Mr. Ryan Dell, Sr. VP of Global MarketingMr. Chris Auty, Managing Director of EMEA & APACMr. Matt Seymour, Sr. VP of Product Management What is Juergen Stark's approval rating as Turtle Beach's CEO? 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. Who are some of Turtle Beach's key competitors? Some companies that are related to Turtle Beach include Napco Security Technologies (NSSC), Ealixir (EAXR), Inseego (INSG), Alpine 4 (ALPP), Iteris (ITI), Rekor Systems (REKR), Knightscope (KSCP), PowerFleet (PWFL), George Risk Industries (RSKIA), Senstar Technologies (SNT), Vislink Technologies (VISL), UTStarcom (UTSI), Wireless Telecom Group (WTT), ALR Technologies (ALRT) and AmpliTech Group (AMPG). View all of HEAR's 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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Intel (INTC), Alibaba Group (BABA), Tesla (TSLA), Cisco Systems (CSCO), Netflix (NFLX), Square (SQ) and Roku (ROKU). What is Turtle Beach's stock symbol? Turtle Beach trades on the NASDAQ under the ticker symbol "HEAR." Who are Turtle Beach's major shareholders? Turtle Beach's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.15%), Vanguard Group Inc. (4.89%), SCW Capital Management LP (3.09%), Dimensional Fund Advisors LP (2.42%), Philosophy Capital Management LLC (2.27%) and State Street Corp (1.62%). Company insiders that own Turtle Beach stock include Andrew Wolfe, John T Hanson, Juergen M Stark, Lloyd Gregory Ballard and William E Keitel. 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 Systematic Financial Management LP, North Star Investment Management Corp., Great Lakes Advisors LLC, Simplex Trading LLC, PEAK6 Investments LLC, Bank of New York Mellon Corp, Maven Securities LTD, and Verition Fund Management LLC. Company insiders that have sold Turtle Beach company stock in the last two years include Andrew Wolfe, John T Hanson, 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. Which institutional investors are buying Turtle Beach stock? HEAR stock was purchased by a variety of institutional investors in the last quarter, including Philosophy Capital Management LLC, SCW Capital Management LP, Dimensional Fund Advisors LP, Raymond James & Associates, Weiss Multi Strategy Advisers LLC, Group One Trading L.P., Bleichroeder LP, and Hussman Strategic Advisors Inc.. View insider buying and selling activity for Turtle Beach or or view top insider-buying stocks. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Turtle Beach's stock price today? One share of HEAR stock can currently be purchased for approximately $13.92. How much money does Turtle Beach make? Turtle Beach (NASDAQ:HEAR) has a market capitalization of $229.39 million and generates $366.35 million in revenue each year. The communications equipment provider earns $17.72 million in net income (profit) each year or $0.079990 on an earnings per share basis. How many employees does Turtle Beach have? Turtle Beach employs 272 workers across the globe. How can I contact Turtle Beach? Turtle Beach's mailing address is 11011 Via Frontera Suite A/B, San Diego CA, 92127. The official website for Turtle Beach is corp.turtlebeach.com. The communications equipment provider can be reached via phone at (888) 496-8001 or via email at [email protected]. This page (NASDAQ:HEAR) was last updated on 6/24/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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