The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Turtle Beach Corp's Score
Industry at a Glance
Industry Ranking
14 / 36
Overall Ranking
173 / 4692
Industry
Computers, Phones & Household Electronics
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
6
analysts
Buy
Current Rating
18.750
Target Price
+21.36%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Turtle Beach Corp Highlights
StrengthsRisks
Turtle Beach Corporation (Turtle Beach) is an audio and gaming technology company. Turtle Beach is engaged in developing, commercializing, and marketing products under Turtle Beach and ROCCAT brands. The Company is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers (PC), tablets and mobile devices. Its PC peripherals brand, ROCCAT, creates PC gaming keyboards, mice and other gaming accessories focused on the PC gaming market. The Turtle Beach brand has a market of gaming headsets with a portfolio of headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PCs and mobile/tablet devices. It also includes the Neat Microphones brand, which creates, manufactures, and sells digital universal serial bus (USB) and analog microphones. Its subsidiaries include VTB Holdings, Inc., Voyetra Turtle Beach, Inc., TBC Holding Company LLC, Turtle Beach Europe Limited and TB Germany GmbH.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 55.21% year-on-year.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Fairly Valued
The company’s latest PB is 2.61, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 12.56M shares, decreasing 19.53% quarter-over-quarter.
Turtle Beach Corporation (Turtle Beach) is an audio and gaming technology company. Turtle Beach is engaged in developing, commercializing, and marketing products under Turtle Beach and ROCCAT brands. The Company is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers (PC), tablets and mobile devices. Its PC peripherals brand, ROCCAT, creates PC gaming keyboards, mice and other gaming accessories focused on the PC gaming market. The Turtle Beach brand has a market of gaming headsets with a portfolio of headsets for Xbox, PlayStation, and Nintendo consoles, as well as for PCs and mobile/tablet devices. It also includes the Neat Microphones brand, which creates, manufactures, and sells digital universal serial bus (USB) and analog microphones. Its subsidiaries include VTB Holdings, Inc., Voyetra Turtle Beach, Inc., TBC Holding Company LLC, Turtle Beach Europe Limited and TB Germany GmbH.