Turtle Beach FY2025 EPS Forecast Decreased by Roth Capital

Turtle Beach Corporation (NASDAQ:TBCH - Free Report) - Stock analysts at Roth Capital dropped their FY2025 EPS estimates for shares of Turtle Beach in a note issued to investors on Monday, November 24th. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings per share of $0.79 for the year, down from their prior estimate of $1.00. Roth Capital currently has a "Buy" rating and a $20.00 target price on the stock. The consensus estimate for Turtle Beach's current full-year earnings is $1.17 per share. Roth Capital also issued estimates for Turtle Beach's Q4 2025 earnings at $0.88 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $1.01 EPS, FY2026 earnings at $0.83 EPS, Q1 2027 earnings at ($0.09) EPS, Q2 2027 earnings at ($0.21) EPS and FY2027 earnings at $1.14 EPS.

A number of other research analysts also recently weighed in on TBCH. Oppenheimer reissued an "outperform" rating and issued a $19.00 price objective on shares of Turtle Beach in a research note on Friday, August 8th. Weiss Ratings reissued a "hold (c)" rating on shares of Turtle Beach in a research report on Wednesday, November 19th. Wedbush boosted their price objective on shares of Turtle Beach from $13.50 to $14.00 and gave the stock a "neutral" rating in a research note on Friday, November 7th. Finally, B. Riley initiated coverage on shares of Turtle Beach in a report on Thursday, October 2nd. They set a "buy" rating and a $21.00 price objective for the company. Four analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $18.00.

View Our Latest Stock Analysis on TBCH

Turtle Beach Price Performance

Shares of NASDAQ:TBCH opened at $13.72 on Wednesday. The stock has a market capitalization of $264.93 million, a P/E ratio of 15.95, a P/E/G ratio of 0.76 and a beta of 2.01. The business has a 50-day moving average of $15.32 and a two-hundred day moving average of $14.39. Turtle Beach has a fifty-two week low of $8.78 and a fifty-two week high of $19.50. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.60 and a quick ratio of 0.75.

Turtle Beach (NASDAQ:TBCH - Get Free Report) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.15 by ($0.07). Turtle Beach had a return on equity of 16.44% and a net margin of 5.26%.The business had revenue of $80.46 million during the quarter. Turtle Beach has set its FY 2025 guidance at EPS.

Hedge Funds Weigh In On Turtle Beach

Several large investors have recently bought and sold shares of TBCH. BNP Paribas Financial Markets boosted its holdings in Turtle Beach by 87.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 2,988 shares of the company's stock valued at $48,000 after purchasing an additional 1,392 shares during the period. AlphaQuest LLC raised its position in shares of Turtle Beach by 44.9% during the third quarter. AlphaQuest LLC now owns 5,461 shares of the company's stock valued at $87,000 after buying an additional 1,693 shares during the last quarter. Franklin Resources Inc. lifted its stake in shares of Turtle Beach by 13.4% in the third quarter. Franklin Resources Inc. now owns 19,726 shares of the company's stock valued at $314,000 after buying an additional 2,335 shares during the period. Envestnet Asset Management Inc. grew its position in Turtle Beach by 21.6% during the third quarter. Envestnet Asset Management Inc. now owns 13,536 shares of the company's stock worth $215,000 after buying an additional 2,408 shares in the last quarter. Finally, Signaturefd LLC bought a new position in Turtle Beach during the second quarter valued at about $41,000. 67.01% of the stock is currently owned by institutional investors and hedge funds.

About Turtle Beach

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.

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