Is Turtle Beach Stock a Good Investment?
Turtle Beach Investment Advice | HEAR |
- Examine Turtle Beach's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Turtle Beach's leadership team and their track record. Good management can help Turtle Beach navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Electronics space and any emerging trends that could impact Turtle Beach's business and its evolving consumer preferences.
- Compare Turtle Beach's performance and market position to its competitors. Analyze how Turtle Beach is positioned in terms of product offerings, innovation, and market share.
- Check if Turtle Beach pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Turtle Beach's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Turtle Beach Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Turtle Beach Corp is a good investment.
Sell | Buy |
Sell
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Strong Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Examine Turtle Beach Stock
Researching Turtle Beach's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 26.0% of the company shares are held by company insiders. The book value of Turtle Beach was currently reported as 5.92. The company has Price/Earnings To Growth (PEG) ratio of 1.08. Turtle Beach Corp recorded a loss per share of 1.03. The entity last dividend was issued on the 9th of April 2018. The firm had 1:4 split on the 9th of April 2018.
To determine if Turtle Beach is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Turtle Beach's research are outlined below:
| Turtle Beach Corp had very high historical volatility over the last 90 days | |
| The company reported the previous year's revenue of 258.12 M. Net Loss for the year was (17.68 M) with profit before overhead, payroll, taxes, and interest of 49.19 M. | |
| About 60.0% of the company shares are owned by institutional investors | |
| Latest headline from finance.yahoo.com: Is Turtle Beach Stock Outpacing Its Computer and Technology Peers This Year |
Turtle Beach Quarterly Liabilities And Stockholders Equity |
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Turtle Beach uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Turtle Beach Corp. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Turtle Beach's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 11th of March 2024 Upcoming Quarterly Report | View | |
| 2nd of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 11th of March 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Turtle Beach's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Turtle Beach's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-08-08 | 2019-06-30 | -0.2 | -0.16 | 0.04 | 20 | ||
2020-08-06 | 2020-06-30 | 0.37 | 0.42 | 0.05 | 13 | ||
2014-05-12 | 2014-03-31 | -0.01 | 0.04 | 0.05 | 500 | ||
2021-05-05 | 2021-03-31 | 0.46 | 0.52 | 0.06 | 13 | ||
2023-08-07 | 2023-06-30 | -0.34 | -0.41 | -0.07 | 20 | ||
2022-03-02 | 2021-12-31 | 0.23 | 0.16 | -0.07 | 30 | ||
2022-11-03 | 2022-09-30 | -0.37 | -0.47 | -0.1 | 27 | ||
2020-03-10 | 2019-12-31 | 0.7 | 0.8 | 0.1 | 14 |
Turtle Beach Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Turtle target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Turtle Beach's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Strong Buy |
Most Turtle analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Turtle stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Turtle Beach Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationTurtle Beach Target Price Projection
Turtle Beach's current and average target prices are 15.98 and 15.00, respectively. The current price of Turtle Beach is the price at which Turtle Beach Corp is currently trading. On the other hand, Turtle Beach's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Turtle Beach Target Price
Turtle Beach Analyst Ratings
Turtle Beach's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Turtle Beach stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Turtle Beach's financials, market performance, and future outlook by experienced professionals. Turtle Beach's historical ratings below, therefore, can serve as a valuable tool for investors.Know Turtle Beach's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Turtle Beach is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Turtle Beach Corp backward and forwards among themselves. Turtle Beach's institutional investor refers to the entity that pools money to purchase Turtle Beach's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Geode Capital Management, Llc | 2023-12-31 | 366.8 K | State Street Corporation | 2023-12-31 | 329.4 K | Long Focus Capital Management, Llc | 2023-12-31 | 305 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 293.5 K | Acadian Asset Management Llc | 2023-12-31 | 289 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 206.3 K | Susquehanna International Group, Llp | 2023-12-31 | 202.2 K | Millennium Management Llc | 2023-12-31 | 191.6 K | Jacobs Levy Equity Management, Inc. | 2023-09-30 | 171 K | Blackrock Inc | 2023-12-31 | 1.3 M | Hawkeye Capital Management, Llc | 2023-09-30 | 746.4 K |
Turtle Beach's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 343.93 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Turtle Beach's market, we take the total number of its shares issued and multiply it by Turtle Beach's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Turtle Beach's profitablity analysis
Turtle Beach's profitability indicators refer to fundamental financial ratios that showcase Turtle Beach's ability to generate income relative to its revenue or operating costs. If, let's say, Turtle Beach is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Turtle Beach's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Turtle Beach's profitability requires more research than a typical breakdown of Turtle Beach's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.13) | (0.13) | |
| Return On Capital Employed | (0.16) | (0.17) | |
| Return On Assets | (0.12) | (0.12) | |
| Return On Equity | (0.21) | (0.22) |
Determining Turtle Beach's profitability involves analyzing its financial statements and using various financial metrics to determine if Turtle Beach is a good buy. For example, gross profit margin measures Turtle Beach's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Turtle Beach's profitability and make more informed investment decisions.
The data published in Turtle Beach's official financial statements usually reflect Turtle Beach's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Turtle Beach Corp. For example, before you start analyzing numbers published by Turtle accountants, it's critical to develop an understanding of what Turtle Beach's liquidity, profitability, and earnings quality are in the context of the Household Durables space in which it operates.
Please note, the presentation of Turtle Beach's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Turtle Beach's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Turtle Beach's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Turtle Beach Corp. Please utilize our Beneish M Score to check the likelihood of Turtle Beach's management manipulating its earnings.
Evaluate Turtle Beach's management efficiency
Turtle Beach Corp has return on total asset (ROA) of (0.0329) % which means that it has lost $0.0329 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.103) %, meaning that it created substantial loss on money invested by shareholders. Turtle Beach's management efficiency ratios could be used to measure how well Turtle Beach manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/12/2024, Return On Tangible Assets is likely to drop to -0.13. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Turtle Beach's Non Current Assets Total are relatively stable compared to the past year. As of 05/12/2024, Net Tangible Assets is likely to grow to about 91.3 M, while Total Current Assets are likely to drop slightly above 85 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 4.97 | 2.76 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 4.24 | 4.45 | |
| Enterprise Value Over EBITDA | (17.86) | (16.97) | |
| Price Book Value Ratio | 2.21 | 2.10 | |
| Enterprise Value Multiple | (17.86) | (16.97) | |
| Price Fair Value | 2.21 | 2.10 | |
| Enterprise Value | 100.4 M | 198.1 M |
The analysis of Turtle Beach's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Turtle Beach's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Turtle Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 2.21 |
Basic technical analysis of Turtle Stock
As of the 12th of May 2024, Turtle Beach has the Risk Adjusted Performance of 0.0875, coefficient of variation of 783.19, and Semi Deviation of 2.38. Turtle Beach technical analysis provides you with a way to harness past market data to determine a pattern that measures the direction of the company's future prices. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Turtle Beach Corp, which can be compared to its competition. Please validate Turtle Beach Corp variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and semi variance to decide if Turtle Beach is priced more or less accurately, providing market reflects its prevalent price of 15.98 per share. Given that Turtle Beach Corp has jensen alpha of 0.5537, we advise you to double-check Turtle Beach Corp's current market performance to make sure the company can sustain itself at a future point.Turtle Beach's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Turtle Beach insiders, such as employees or executives, is commonly permitted as long as it does not rely on Turtle Beach's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Turtle Beach insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Turtle Beach's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Turtle Beach's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0875 | |||
| Market Risk Adjusted Performance | 1.64 | |||
| Mean Deviation | 2.83 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.79 | |||
| Coefficient Of Variation | 783.19 | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.34 | |||
| Information Ratio | 0.1097 | |||
| Jensen Alpha | 0.5537 | |||
| Total Risk Alpha | 0.0312 | |||
| Sortino Ratio | 0.1814 | |||
| Treynor Ratio | 1.63 | |||
| Maximum Drawdown | 30.84 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 8.43 | |||
| Downside Variance | 7.8 | |||
| Semi Variance | 5.64 | |||
| Expected Short fall | (3.77) | |||
| Skewness | 2.96 | |||
| Kurtosis | 14.58 |
| Risk Adjusted Performance | 0.0875 | |||
| Market Risk Adjusted Performance | 1.64 | |||
| Mean Deviation | 2.83 | |||
| Semi Deviation | 2.38 | |||
| Downside Deviation | 2.79 | |||
| Coefficient Of Variation | 783.19 | |||
| Standard Deviation | 4.62 | |||
| Variance | 21.34 | |||
| Information Ratio | 0.1097 | |||
| Jensen Alpha | 0.5537 | |||
| Total Risk Alpha | 0.0312 | |||
| Sortino Ratio | 0.1814 | |||
| Treynor Ratio | 1.63 | |||
| Maximum Drawdown | 30.84 | |||
| Value At Risk | (4.40) | |||
| Potential Upside | 8.43 | |||
| Downside Variance | 7.8 | |||
| Semi Variance | 5.64 | |||
| Expected Short fall | (3.77) | |||
| Skewness | 2.96 | |||
| Kurtosis | 14.58 |
Consider Turtle Beach's intraday indicators
Turtle Beach intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Turtle Beach stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Turtle Beach Corporate Filings
8K | 7th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 29th of April 2024 Other Reports | ViewVerify | |
F4 | 3rd of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F3 | 25th of March 2024 The report used by insiders such as officers, directors, and major shareholders (beneficial owners holding more than 10% of any class of the company's equity securities) to declare their ownership of a company's stock | ViewVerify |
Turtle Stock media impact
Far too much social signal, news, headlines, and media speculation about Turtle Beach that are available to investors today. That information is available publicly through Turtle media outlets and privately through word of mouth or via Turtle internal channels. However, regardless of the origin, that massive amount of Turtle data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Turtle Beach news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Turtle Beach relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Turtle Beach's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Turtle Beach alpha.
Turtle Beach Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Turtle Beach can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Turtle Beach Maximum Pain Price across 2024-05-17 Option Contracts
Turtle Beach's options can also be used to analyze investors' bias and current market sentiment in the context of behavioral finance. For example, Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of Turtle Beach close to the expiration of its current option contract to expire worthlessly. According to most research, about 35% of options are not executed, with roughly 50% traded out before expiration. So, Max pain occurs when market makers reach a net favorable position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthlessly. Please continue to view the detailed analysis of Turtle Beach's options.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Turtle Beach without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Turtle Beach Corporate Management
Elected by the shareholders, the Turtle Beach's board of directors comprises two types of representatives: Turtle Beach inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Turtle. The board's role is to monitor Turtle Beach's management team and ensure that shareholders' interests are well served. Turtle Beach's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Turtle Beach's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jose Rosado | Senior Operations | Profile | |
| Cristopher Keirn | Interim Sales | Profile | |
| Ryan Dell | Senior Marketing | Profile | |
| MacLean Marshall | Director PRCommunications | Profile | |
| Megan Wynne | General Counsel | Profile | |
| Matt Seymour | Senior Management | Profile |
How to buy Turtle Stock?
To provide specific investment advice or recommendations on Turtle Beach Corp stock, we recommend investors consider the following general factors when evaluating Turtle Beach Corp. This will help you to make an informed decision on whether to include Turtle Beach in one of your diversified portfolios:- Examine Turtle Beach's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Turtle Beach's leadership team and their track record. Good management can help Turtle Beach navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Consumer Electronics space and any emerging trends that could impact Turtle Beach's business and its evolving consumer preferences.
- Compare Turtle Beach's performance and market position to its competitors. Analyze how Turtle Beach is positioned in terms of product offerings, innovation, and market share.
- Check if Turtle Beach pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Turtle Beach's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Turtle Beach Corp stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Turtle Beach Corp is a good investment.
Already Invested in Turtle Beach Corp?
The danger of trading Turtle Beach Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Turtle Beach is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Turtle Beach. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Turtle Beach Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Turtle Beach Corp is a strong investment it is important to analyze Turtle Beach's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Turtle Beach's future performance. For an informed investment choice regarding Turtle Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Turtle Beach Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Turtle Beach Corp information on this page should be used as a complementary analysis to other Turtle Beach's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Complementary Tools for Turtle Stock analysis
When running Turtle Beach's price analysis, check to measure Turtle Beach's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Turtle Beach is operating at the current time. Most of Turtle Beach's value examination focuses on studying past and present price action to predict the probability of Turtle Beach's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Turtle Beach's price. Additionally, you may evaluate how the addition of Turtle Beach to your portfolios can decrease your overall portfolio volatility.
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Is Turtle Beach's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Turtle Beach. If investors know Turtle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Turtle Beach listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.73) | Earnings Share (1.03) | Revenue Per Share 14.941 | Quarterly Revenue Growth 0.086 | Return On Assets (0.03) |
The market value of Turtle Beach Corp is measured differently than its book value, which is the value of Turtle that is recorded on the company's balance sheet. Investors also form their own opinion of Turtle Beach's value that differs from its market value or its book value, called intrinsic value, which is Turtle Beach's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Turtle Beach's market value can be influenced by many factors that don't directly affect Turtle Beach's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Turtle Beach's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Turtle Beach is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Turtle Beach's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.