Turtle Beach Corp

Company Profile

Turtle Beach Corp had its IPO on 2010-10-05 under the ticker symbol HEAR.

The company operates in the Technology sector and Consumer Electronics industry. Turtle Beach Corp has a staff strength of 245 employees.

Stock update

Shares of Turtle Beach Corp opened at $9.92 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.8 - $10.12, and closed at $10.

This is a +0.81% increase from the previous day's closing price.

A total volume of 244,534 shares were traded at the close of the day’s session.

In the last one week, shares of Turtle Beach Corp have slipped by -8.17%.

Turtle Beach Corp's Key Ratios

Turtle Beach Corp has a market cap of $178.98 million, indicating a price to book ratio of 1.2388 and a price to sales ratio of 0.5086.

In the last 12-months Turtle Beach Corp’s revenue was $251.63 million with a gross profit of $49.19 million and an EBITDA of $-38893000. The EBITDA ratio measures Turtle Beach Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Turtle Beach Corp’s operating margin was -17.52% while its return on assets stood at -16.38% with a return of equity of -59.75%.

In Q2, Turtle Beach Corp’s quarterly earnings growth was a negative -73% while revenue growth was a positive 16.2%.

Turtle Beach Corp’s PE and PEG Ratio

Forward PE

19.084

Trailing PE

0

PEG

1.1921

Its diluted EPS in the last 12-months stands at $-3.27 per share while it has a forward price to earnings multiple of 19.084 and a PEG multiple of 1.1921. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Turtle Beach Corp’s profitability.

Turtle Beach Corp stock is trading at a EV to sales ratio of 0.6818 and a EV to EBITDA ratio of -5.155. Its price to sales ratio in the trailing 12-months stood at 0.5086.

Turtle Beach Corp stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$139.54 million

Total Liabilities

$55.84 million

Operating Cash Flow

$0

Capital Expenditure

$365000

Dividend Payout Ratio

0%

Turtle Beach Corp ended 2024 with $139.54 million in total assets and $0 in total liabilities. Its intangible assets were valued at $139.54 million while shareholder equity stood at $74.06 million.

Turtle Beach Corp ended 2024 with $0 in deferred long-term liabilities, $55.84 million in other current liabilities, 17000.00 in common stock, $-139223000.00 in retained earnings and $10.69 million in goodwill. Its cash balance stood at $15.79 million and cash and short-term investments were $15.79 million. The company’s total short-term debt was $0 while long-term debt stood at $0.

Turtle Beach Corp’s total current assets stands at $112.80 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $20.25 million compared to accounts payable of $34.04 million and inventory worth $67.83 million.

In 2024, Turtle Beach Corp's operating cash flow was $0 while its capital expenditure stood at $365000.

Comparatively, Turtle Beach Corp paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$10

52-Week High

$13.26

52-Week Low

$6.17

Analyst Target Price

$15

Turtle Beach Corp stock is currently trading at $10 per share. It touched a 52-week high of $13.26 and a 52-week low of $13.26. Analysts tracking the stock have a 12-month average target price of $15.

Its 50-day moving average was $11.05 and 200-day moving average was $9.91 The short ratio stood at 4.33 indicating a short percent outstanding of 0%.

Around 1666% of the company’s stock are held by insiders while 6980.8% are held by institutions.