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HEAR

HEAR - Turtle Beach Corp Stock Price, Fair Value and News

17.35USD+0.11 (+0.64%)Delayed as of 28 Mar 2024, 11:56 am ET

Market Summary

HEAR
USD17.35+0.11
Delayedas of 28 Mar 2024, 11:56 am
0.64%

HEAR Stock Price

View Fullscreen

HEAR RSI Chart

HEAR Valuation

Market Cap

303.5M

Price/Earnings (Trailing)

-17.17

Price/Sales (Trailing)

1.18

EV/EBITDA

-24.31

Price/Free Cashflow

12.2

HEAR Price/Sales (Trailing)

HEAR Profitability

Operating Margin

29.25%

EBT Margin

-6.72%

Return on Equity

-20.78%

Return on Assets

-11.79%

Free Cashflow Yield

8.2%

HEAR Fundamentals

HEAR Revenue

Revenue (TTM)

258.1M

Rev. Growth (Yr)

-1.35%

Rev. Growth (Qtr)

68.26%

HEAR Earnings

Earnings (TTM)

-17.7M

Earnings Growth (Yr)

136.81%

Earnings Growth (Qtr)

337.16%

Breaking Down HEAR Revenue

52 Week Range

17.39
(Low)(High)

Last 7 days

12.9%

Last 30 days

43.5%

Last 90 days

61.9%

Trailing 12 Months

121.0%

How does HEAR drawdown profile look like?

HEAR Financial Health

Current Ratio

2.22

HEAR Investor Care

Shares Dilution (1Y)

6.17%

Diluted EPS (TTM)

-1.07

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2023244.9M251.6M259.5M258.1M
2022320.0M282.7M248.7M240.2M
2021418.1M417.0M389.8M366.4M
2020224.8M263.2M328.9M360.1M
2019291.4M271.9M244.2M234.7M
2018175.7M217.4M255.8M287.4M
2017164.3M154.1M151.6M149.1M
2016167.1M173.8M176.3M174.0M
2015167.6M167.9M170.5M162.7M
2014187.2M185.0M180.0M186.2M
2013200.0M192.8M185.6M178.5M
201282.9M124.3M165.7M207.1M
20110343.1K79.2K41.5M
201000607.0K0

Tracking the Latest Insider Buys and Sells of Turtle Beach Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 18, 2024
keirn cris
sold (taxes)
-
-
-4,102
ceo
Mar 13, 2024
keirn cris
acquired
-
-
407
ceo
Feb 29, 2024
keirn cris
acquired
-
-
868
interim ceo
Jan 31, 2024
keirn cris
acquired
-
-
928
interim ceo
Dec 31, 2023
keirn cris
acquired
-
-
900
interim ceo
Nov 30, 2023
keirn cris
acquired
-
-
1,011
interim ceo
Oct 31, 2023
keirn cris
acquired
-
-
1,171
interim ceo
Sep 29, 2023
keirn cris
acquired
-
-
1,019
interim ceo
Aug 31, 2023
keirn cris
acquired
-
-
887
interim ceo
Jul 31, 2023
keirn cris
acquired
-
-
903
interim ceo

1–10 of 50

Which funds bought or sold HEAR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
added
244
1,031
1,358
-%
Mar 11, 2024
VANGUARD GROUP INC
reduced
-27.45
-1,045,990
7,350,140
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
188
1,182,580
1,658,840
-%
Feb 29, 2024
Scarborough Advisors, LLC
new
-
482
482
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
added
3.94
18,014
88,881
-%
Feb 20, 2024
Quarry LP
new
-
28,503
28,503
-%
Feb 16, 2024
GSA CAPITAL PARTNERS LLP
new
-
232,000
232,000
0.02%
Feb 16, 2024
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-16.65
1,517
209,517
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
0.86
96,000
540,000
-%
Feb 15, 2024
BARCLAYS PLC
reduced
-23.37
-72,000
877,000
-%

1–10 of 40

Are Funds Buying or Selling HEAR?

Are funds buying HEAR calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HEAR
No. of Funds

Unveiling Turtle Beach Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 21, 2024
dc vga llc
19.6%
3,450,000
SC 13D
Feb 14, 2024
awm investment company, inc.
6.3%
1,127,386
SC 13G/A
Feb 14, 2024
shay capital llc
4.96%
863,628
SC 13G/A
Feb 14, 2024
citadel advisors llc
0.3%
6
SC 13G/A
Feb 13, 2024
vanguard group inc
3.86%
671,246
SC 13G/A
Feb 05, 2024
hudson bay capital management lp
0.25%
44,265
SC 13G/A
Jan 26, 2024
blackrock inc.
7.5%
1,296,638
SC 13G/A
Jan 17, 2024
islet management, lp
0%
0
SC 13G/A
Nov 20, 2023
citadel advisors llc
3.5%
6
SC 13G
Sep 29, 2023
shay capital llc
7.05%
1,220,000
SC 13G

Recent SEC filings of Turtle Beach Corp

View All Filings
Date Filed Form Type Document
Mar 25, 2024
3
Insider Trading
Mar 21, 2024
3
Insider Trading
Mar 21, 2024
SC 13D
13D - Major Acquisition
Mar 20, 2024
4
Insider Trading
Mar 20, 2024
4
Insider Trading
Mar 18, 2024
8-K
Current Report
Mar 18, 2024
SC TO-C
SC TO-C
Mar 15, 2024
4
Insider Trading
Mar 13, 2024
S-8
Employee Benefits Plan
Mar 13, 2024
10-K
Annual Report

What is the Fair Value of HEAR?

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Cheap
or
Expensive?


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
Very Expensive Stocks
Very Cheap Stocks

Peers (Alternatives to Turtle Beach Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.7T
385.7B
-5.50% 16.24%
26.52
6.94
-0.47% 6.03%
69.2B
12.6B
8.43% 49.41%
35.87
5.51
-0.54% 1.35%
30.2B
6.1B
1.59% 32.49%
34.91
4.98
4.11% 14.65%
28.2B
12.6B
2.07% -2.25%
47.02
2.24
-11.28% -55.18%
12.1B
29.4B
1.81% 24.43%
16.01
0.41
-1.12% -8.06%
MID-CAP
7.3B
837.5M
9.76% -14.22%
64.39
8.71
-16.75% -47.46%
7.0B
33.1B
7.38% 3.73%
7.74
0.21
-10.82% -36.63%
4.7B
703.6M
1.80% 33.18%
51.07
6.72
24.40% 39.25%
4.5B
25.6B
6.11% 9.41%
6.67
0.17
-2.73% -21.96%
2.7B
968.8M
-1.62% 13.82%
29.4
2.82
9.35% 8.73%
SMALL-CAP
1.7B
2.9B
-4.12% 49.78%
20.81
0.61
-8.78% -6.67%
1.1B
2.8B
-4.45% 26.83%
16.8
0.38
-1.64% -5.74%
342.0M
1.0B
-2.11% -52.94%
-6.43
0.34
-8.05% -284.36%
27.3M
26.9M
-21.01% -32.13%
19.92
1.01
0.90% -35.71%
89.7K
56.7M
-40.00% -99.55%
-0.01
0
-41.04% -726.48%

Turtle Beach Corp News

Latest updates
Yahoo Finance • 22 Mar 2024 • 01:40 pm
Yahoo Finance • 21 Mar 2024 • 04:00 pm
InvestorsObserver • 14 Mar 2024 • 07:00 am
Seeking Alpha • 13 Mar 2024 • 07:00 am
Zacks Investment Research • 08 Feb 2024 • 08:00 am

Turtle Beach Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Thousands)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue68.3%10059.0048.0051.0010151.0041.0047.0010985.0079.0093.0013311280.0035.0010247.0041.0045.00111
Cost Of Revenue63.3%68.0041.0036.0037.0081.0044.0033.0033.0074.0056.0050.0058.0085.0066.0050.0024.0066.0032.0028.0030.0068.00
Gross Profit79.8%32.0018.0012.0014.0020.007.008.0014.0036.0029.0029.0035.0048.0046.0029.0011.0036.0015.0013.0015.0043.00
Operating Expenses16.0%23.0020.0028.0021.0028.0021.0029.0022.0029.0028.0028.0023.0028.0022.0019.0016.0022.0018.0015.0013.0017.00
  S&GA Expenses23.1%13.0011.0010.0010.0014.0011.0012.0011.0017.0014.0016.0012.0018.0012.0010.008.0014.0010.008.007.0011.00
  R&D Expenses2.0%4.004.004.004.004.004.005.005.005.005.004.004.004.003.003.002.002.002.002.001.002.00
EBITDA Margin55.5%-0.05*-0.10*-0.16*-0.19*-0.20*-0.15*-0.07*0.01*0.07*0.10*0.15*0.18*---------
Interest Expenses100.0%--0.110.000.002.00-0.45-0.080.000.000.000.000.000.000.000.000.000.000.000.000.001.00
Income Taxes-107.8%-0.041.00-0.05-0.0717.00-4.39-4.74-2.643.00-1.82-1.293.006.006.003.00-1.82-6.490.000.000.001.00
Earnings Before Taxes374.2%9.00-3.10-15.97-6.77-6.37-16.40-22.57-9.117.001.000.0012.0022.0024.0011.00-5.3814.00-3.06-2.353.0026.00
EBT Margin45.9%-0.07*-0.12*-0.18*-0.21*-0.23*-0.16*-0.08*0.00*0.05*0.09*0.14*0.17*---------
Net Income337.2%9.00-3.61-15.92-6.70-23.23-12.01-17.83-6.485.003.002.009.0016.0018.008.00-3.5520.00-3.12-2.373.0025.00
Net Income Margin64.1%-0.07*-0.19*-0.23*-0.24*-0.25*-0.13*-0.06*0.01*0.05*0.08*0.11*0.12*---------
Free Cashflow211.4%19.00-16.94-5.1428.0026.00-28.96-28.49-13.969.00-23.96-9.6819.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-4.1%15015614014716321719720823123622320720320214096.0013113110282.00122
  Current Assets-4.7%12513111311913517115416919319518616917016911366.0010310878.0072.00114
    Cash Equivalents51.8%19.0012.0016.0021.0011.0011.0011.0024.0038.0028.0056.0063.0047.0027.0021.009.008.007.003.0010.007.00
  Inventory-42.1%44.0076.0068.0065.0071.0011812111710211382.0059.0071.0079.0045.0039.0046.0067.0050.0044.0049.00
  Net PPE-0.1%5.005.006.006.006.005.006.006.007.007.007.007.007.005.004.004.004.005.006.005.006.00
  Goodwill0%11.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.0011.008.008.008.009.009.009.006.00--
Liabilities-22.7%65.0084.0065.0062.0074.0010877.0072.0089.0010389.0080.0087.0010671.0036.0068.0089.0057.0035.0084.00
  Current Liabilities-24.4%56.0074.0056.0052.0064.0097.0066.0060.0078.0092.0081.0072.0079.0098.0068.0033.0065.0085.0053.0030.0074.00
Shareholder's Equity17.5%85.0072.0074.0085.0089.0010912013614113413412711696.0069.0060.0063.0042.0044.0047.0037.00
  Retained Earnings6.0%-134-142-139-123-116-93.36-81.35-63.53-57.05-61.59-64.21-65.93-74.77-91.08-108-117-113-133-130-128-131
  Additional Paid-In Capital1.8%220216214209207205202200198195197193191187179178177176176176169
Accumulated Depreciation2.3%31.0030.0029.0028.0027.0026.0025.0024.0023.0023.0022.0021.0021.0021.0020.0019.0018.0017.0016.0015.0014.00
Shares Outstanding0.7%18.0017.0017.0017.0017.0017.0017.0016.0016.0016.0016.0016.00---------
Float-------198---504---211---157--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations217.4%19,100-16,266-4,77928,98927,676-28,275-27,899-13,3489,952-22,727-8,63921,08718,41179614,31617,52612,070-10,868-2,79040,962-1,109
  Share Based Compensation111.0%3,4291,6254,9701,9592,2092,2082,0301,5372,4311,4981,9411,7861,5721,5721,4069991,0031,0301,003522468
Cashflow From Investing65.0%-235-672-365-887-1,654-688-596-611-1,076-1,229-1,036-4,780-1,745-1,615-1,413-890-284-621-13,117-557-3,033
Cashflow From Financing-193.4%-12,71813,621259-19,008-25,53828,99915,884361881-3,7362,1036961,9316,361-320-15,384-11,42815,3819,330-37,4635,138
  Buy Backs---974------2314,88224821511010760.0048.005344421,499101105

HEAR Income Statement

2023-12-31
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net revenue$ 258,122$ 240,166$ 366,354
Cost of revenue182,618190,979237,971
Gross profit75,50449,187128,383
Operating expenses:   
Selling and marketing43,48947,09058,883
Research and development17,13719,12317,490
General and administrative31,32132,55831,579
Goodwill and other intangible asset impairment 1,896 
Total operating expenses91,947100,667107,952
Operating income (loss)(16,443)(51,480)20,431
Interest expense, net5041,220383
Other non-operating expense (income), net3941,753(101)
Income (loss) before income tax(17,341)(54,453)20,149
Income tax expense (benefit)3385,0932,428
Net income (loss)$ (17,679)$ (59,546)$ 17,721
Net income per share:   
Basic (in dollars per share)$ (1.03)$ (3.62)$ 1.11
Diluted (in dollars per share)$ (1.03)$ (3.62)$ 0.97
Weighted average number of shares:   
Basic (in shares)17,13516,45015,915
Diluted (in shares)17,13516,45018,251

HEAR Balance Sheet

2023-12-31
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current Assets:  
Cash and cash equivalents$ 18,726$ 11,396
Accounts receivable, less allowances of $37,051 and $37,455 in 2023 and 2022, respectively54,39043,336
Inventories44,01971,252
Prepaid expenses and other current assets7,7209,196
Total Current Assets124,855135,180
Property and equipment, net4,8246,362
Goodwill10,68610,686
Intangible assets, net1,7342,612
Other assets7,8688,547
Total Assets149,967163,387
Current Liabilities:  
Revolving credit facility 19,053
Accounts payable26,90819,846
Other current liabilities29,42425,433
Total Current Liabilities56,33264,332
Income tax payable1,5462,076
Other liabilities7,0128,038
Total Liabilities64,89074,446
Commitments and Contingencies
Stockholders’ Equity  
Common stock, $0.001 par value - 25,000,000 shares authorized; 17,531,702 and 16,569,173 shares issued and outstanding as of December 31, 2023 and 2022, respectively1817
Additional paid-in capital220,185206,916
Accumulated deficit(134,277)(116,598)
Accumulated other comprehensive loss(849)(1,394)
Total Stockholders’ Equity85,07788,941
Total Liabilities and Stockholders’ Equity$ 149,967$ 163,387
HEAR
Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides digital USB and analog microphones. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.
 CEO
 WEBSITEcorp.turtlebeach.com
 EMPLOYEES245

Turtle Beach Corp Frequently Asked Questions


What is the ticker symbol for Turtle Beach Corp? What does HEAR stand for in stocks?

HEAR is the stock ticker symbol of Turtle Beach Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Turtle Beach Corp (HEAR)?

As of Wed Mar 27 2024, market cap of Turtle Beach Corp is 303.52 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of HEAR stock?

You can check HEAR's fair value in chart for subscribers.

What is the fair value of HEAR stock?

You can check HEAR's fair value in chart for subscribers. The fair value of Turtle Beach Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Turtle Beach Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for HEAR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Turtle Beach Corp a good stock to buy?

The fair value guage provides a quick view whether HEAR is over valued or under valued. Whether Turtle Beach Corp is cheap or expensive depends on the assumptions which impact Turtle Beach Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for HEAR.

What is Turtle Beach Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Mar 27 2024, HEAR's PE ratio (Price to Earnings) is -17.17 and Price to Sales (PS) ratio is 1.18. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. HEAR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Turtle Beach Corp's stock?

In the past 10 years, Turtle Beach Corp has provided -0.105 (multiply by 100 for percentage) rate of return.