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

15.67USD-0.27 (-1.69%)Market Closed

Market Summary

USD15.67-0.27

Market Closed

-1.69%

HEAR Stock Price

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HEAR RSI Chart

HEAR Valuation

Market Cap

337.3M

Price/Earnings (Trailing)

-31.17

Price/Sales (Trailing)

1.28

EV/EBITDA

-25.14

Price/Free Cashflow

14.47

HEAR Price/Sales (Trailing)

HEAR Profitability

Operating Margin

30.15%

EBT Margin

-6.40%

Return on Equity

-8.64%

Return on Assets

-4.19%

Free Cashflow Yield

6.91%

HEAR Fundamentals

HEAR Revenue

Revenue (TTM)

262.5M

Rev. Growth (Yr)

8.56%

Rev. Growth (Qtr)

-43.89%

HEAR Earnings

Earnings (TTM)

-10.8M

Earnings Growth (Yr)

102.31%

Earnings Growth (Qtr)

-98.19%

Breaking Down HEAR Revenue

Last 7 days

-1.9%

Last 30 days

4.2%

Last 90 days

29.3%

Trailing 12 Months

32.4%

How does HEAR drawdown profile look like?

HEAR Financial Health

Current Ratio

1.83

HEAR Investor Care

Shares Dilution (1Y)

26.34%

Diluted EPS (TTM)

-0.66

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	262.5M	0	0	0
2023	244.9M	251.6M	259.5M	258.1M
2022	320.0M	282.7M	248.7M	240.2M
2021	418.1M	417.0M	389.8M	366.4M
2020	224.8M	263.2M	328.9M	360.1M
2019	291.4M	271.9M	244.2M	234.7M
2018	175.7M	217.4M	255.8M	287.4M
2017	164.3M	154.1M	151.6M	149.1M
2016	167.1M	173.8M	176.3M	174.0M
2015	167.6M	167.9M	170.5M	162.7M
2014	187.2M	185.0M	180.0M	186.2M
2013	200.0M	192.8M	185.6M	178.5M
2012	82.9M	124.3M	165.7M	207.1M
2011	0	343.1K	79.2K	41.5M
2010	0	0	607.0K	0

Get all data in R, Python etc through our Historical Stock Data APIs

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Tracking the Latest Insider Buys and Sells of Turtle Beach Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 03, 2024	jimenez terry	acquired	-	-	3,320	-
May 03, 2024	wyatt william z	acquired	-	-	1,992	-
May 03, 2024	wolfe andrew	acquired	-	-	1,992	-
Apr 01, 2024	jimenez terry	acquired	-	-	6,988	-
Apr 01, 2024	hanson john t	sold (taxes)	-313,541	17.17	-18,261	cfo and treasurer
Apr 01, 2024	keirn cris	sold (taxes)	-331,982	17.17	-19,335	ceo
Apr 01, 2024	sze julia	acquired	48,832,100	6,988	6,988	-
Apr 01, 2024	scherping katherine lee	acquired	-	-	6,988	-
Apr 01, 2024	wolfe andrew	acquired	-	-	6,988	-
Apr 01, 2024	hanson john t	acquired	-	-	41,185	cfo and treasurer

Which funds bought or sold HEAR recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	reduced	-42.82	-40,756	367,953	-%
May 16, 2024	CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM	reduced	-38.91	-1,126	28,308	-%
May 16, 2024	AWM Investment Company, Inc.	reduced	-5.19	3,114,830	9,437,210	1.24%
May 16, 2024	Virtus Investment Advisers, Inc.	new	-	122,404	122,404	0.09%
May 15, 2024	Cubist Systematic Strategies, LLC	added	56.26	1,185,520	1,997,440	0.01%
May 15, 2024	Penserra Capital Management LLC	new	-	390,000	390,000	-%
May 15, 2024	MILLENNIUM MANAGEMENT LLC	added	64.51	3,336,010	5,434,050	-%
May 15, 2024	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	added	34.81	894,000	1,691,000	-%
May 15, 2024	Hudson Bay Capital Management LP	sold off	-100	-484,603	-	-%
May 15, 2024	Walleye Trading LLC	reduced	-37.82	-3,443	160,884	-%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 16, 2024	4	Insider Trading
May 15, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 13, 2024	4	Insider Trading
May 07, 2024	10-Q	Quarterly Report
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	4	Insider Trading
May 07, 2024	8-K	Current Report
Apr 29, 2024	ARS	ARS

Peers (Alternatives to Turtle Beach Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
AAPL	2.9T	381.6B	13.05%	8.50%	29.01	7.63	-0.90%	6.43%
APH	79.2B	12.8B	18.32%	73.26%	38.89	6.17	1.52%	6.35%
GLW	30.3B	12.4B	14.17%	13.04%	49.07	2.45	-9.51%	-33.28%
FTV	27.2B	6.1B	-3.77%	17.13%	30.2	4.43	3.71%	17.79%
FLEX	11.8B	28.1B	4.34%	21.12%	11.7	0.42	-5.94%	26.86%
MID-CAP
CGNX	8.2B	847.2M	22.04%	-8.33%	82.44	9.7	-8.39%	-42.67%
ARW	7.0B	31.3B	7.85%	6.15%	9.82	0.22	-14.93%	-46.67%
BMI	5.8B	740.8M	28.88%	40.20%	56.51	7.8	25.07%	42.99%
AVT	4.8B	24.7B	14.45%	25.08%	8.44	0.19	-6.09%	-33.76%
ESE	2.8B	988.8M	12.19%	14.65%	28.58	2.84	8.64%	13.26%
SMALL-CAP
CNXN	1.8B	2.8B	10.03%	54.73%	21.81	0.65	-10.09%	0.74%
BHE	1.5B	2.8B	37.18%	85.46%	22.52	0.53	-4.25%	-5.27%
GPRO	246.3M	986.2M	-7.39%	-59.95%	-0.68	0.25	-6.21%	-5303.34%
CPSH	25.8M	26.4M	2.30%	-40.07%	33.65	0.98	-2.48%	-64.63%
AEY	22.4M	56.7M	-36.44%	-0.66%	-3.8	0.59	-41.04%	-726.48%

Turtle Beach Corp News

Latest updates

Turtle Beach Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-43.9%	56.00	100	59.00	48.00	51.00	101	51.00	41.00	47.00	109	85.00	79.00	93.00	133	112	80.00	35.00	102	47.00	41.00	45.00
Cost Of Revenue	-43.8%	38.00	68.00	41.00	36.00	37.00	81.00	44.00	33.00	33.00	74.00	56.00	50.00	58.00	85.00	66.00	50.00	24.00	66.00	32.00	28.00	30.00
Gross Profit	-44.1%	18.00	32.00	18.00	12.00	14.00	20.00	7.00	8.00	14.00	36.00	29.00	29.00	35.00	48.00	46.00	29.00	11.00	36.00	15.00	13.00	15.00
Operating Expenses	0.2%	23.00	23.00	20.00	28.00	21.00	28.00	21.00	29.00	22.00	29.00	28.00	28.00	23.00	28.00	22.00	19.00	16.00	22.00	18.00	15.00	13.00
S&GA Expenses	-30.8%	9.00	13.00	11.00	10.00	10.00	14.00	11.00	12.00	11.00	17.00	14.00	16.00	12.00	18.00	12.00	10.00	8.00	14.00	10.00	8.00	7.00
R&D Expenses	-12.6%	4.00	4.00	4.00	4.00	4.00	4.00	4.00	5.00	5.00	5.00	5.00	4.00	4.00	4.00	3.00	3.00	2.00	2.00	2.00	2.00	1.00
EBITDA Margin	3.0%	-0.05*	-0.05*	-0.10*	-0.16*	-0.19*	-0.20*	-0.15*	-0.07*	0.01*	0.07*	0.10*	0.15*	-	-	-	-	-	-	-	-	-
Interest Expenses	-125.3%	-0.15	1.00	-0.11	0.00	0.00	2.00	-0.45	-0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Income Taxes	-16279.5%	-6.39	-0.04	1.00	-0.05	-0.07	17.00	-4.39	-4.74	-2.64	3.00	-1.82	-1.29	3.00	6.00	6.00	3.00	-1.82	-6.49	0.00	0.00	0.00
Earnings Before Taxes	-173.2%	-6.23	9.00	-3.10	-15.97	-6.77	-6.37	-16.40	-22.57	-9.11	7.00	1.00	0.00	12.00	22.00	24.00	11.00	-5.38	14.00	-3.06	-2.35	3.00
EBT Margin	4.7%	-0.06*	-0.07*	-0.12*	-0.18*	-0.21*	-0.23*	-0.16*	-0.08*	0.00*	0.05*	0.09*	0.14*	-	-	-	-	-	-	-	-	-
Net Income	-98.2%	0.00	9.00	-3.61	-15.92	-6.70	-23.23	-12.01	-17.83	-6.48	5.00	3.00	2.00	9.00	16.00	18.00	8.00	-3.55	20.00	-3.12	-2.37	3.00
Net Income Margin	39.8%	-0.04*	-0.07*	-0.19*	-0.23*	-0.24*	-0.25*	-0.13*	-0.06*	0.01*	0.05*	0.08*	0.11*	-	-	-	-	-	-	-	-	-
Free Cashflow	40.6%	27.00	19.00	-16.94	-5.14	28.00	26.00	-28.96	-28.49	-13.96	9.00	-23.96	-9.68	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	72.3%	258	150	156	140	147	163	217	197	208	231	236	223	207	203	202	140	96.00	131	131	102	82.00
Current Assets	12.6%	141	125	131	113	119	135	171	154	169	193	195	186	169	170	169	113	66.00	103	108	78.00	72.00
Cash Equivalents	-4.9%	18.00	19.00	12.00	16.00	21.00	11.00	11.00	11.00	24.00	38.00	28.00	56.00	63.00	47.00	27.00	21.00	9.00	8.00	7.00	3.00	10.00
Inventory	58.0%	70.00	44.00	76.00	68.00	65.00	71.00	118	121	117	102	113	82.00	59.00	71.00	79.00	45.00	39.00	46.00	67.00	50.00	44.00
Net PPE	14.7%	6.00	5.00	5.00	6.00	6.00	6.00	5.00	6.00	6.00	7.00	7.00	7.00	7.00	7.00	5.00	4.00	4.00	4.00	5.00	6.00	5.00
Goodwill	395.1%	53.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	11.00	8.00	8.00	8.00	9.00	9.00	9.00	6.00	-
Liabilities	105.2%	133	65.00	84.00	65.00	62.00	74.00	108	77.00	72.00	89.00	103	89.00	80.00	87.00	106	71.00	36.00	68.00	89.00	57.00	35.00
Current Liabilities	36.3%	77.00	56.00	74.00	56.00	52.00	64.00	97.00	66.00	60.00	78.00	92.00	81.00	72.00	79.00	98.00	68.00	33.00	65.00	85.00	53.00	30.00
Shareholder's Equity	47.2%	125	85.00	72.00	74.00	85.00	89.00	109	120	136	141	134	134	127	116	96.00	69.00	60.00	63.00	42.00	44.00	47.00
Retained Earnings	0.1%	-134	-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
Additional Paid-In Capital	18.4%	261	220	216	214	209	207	205	202	200	198	195	197	193	191	187	179	178	177	176	176	176
Accumulated Depreciation	2.6%	32.00	31.00	30.00	29.00	28.00	27.00	26.00	25.00	24.00	23.00	23.00	22.00	21.00	21.00	21.00	20.00	19.00	18.00	17.00	16.00	15.00
Shares Outstanding	20.7%	21.00	18.00	17.00	17.00	17.00	17.00	17.00	16.00	16.00	16.00	16.00	16.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	197	-	-	-	198	-	-	-	504	-	-	-	211	-	-	-	157	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	42.7%	27,257	19,100	-16,266	-4,779	28,989	27,676	-28,275	-27,899	-13,348	9,952	-22,727	-8,639	21,087	18,411	796	14,316	17,526	12,070	-10,868	-2,790	40,962
Share Based Compensation	-100.0%	-	3,429	1,625	4,970	1,959	2,209	2,208	2,030	1,537	2,431	1,498	1,941	1,786	1,572	1,572	1,406	999	1,003	1,030	1,003	522
Cashflow From Investing	-32336.2%	-76,225	-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
Cashflow From Financing	477.3%	47,983	-12,718	13,621	259	-19,008	-25,538	28,999	15,884	361	881	-3,736	2,103	696	1,931	6,361	-320	-15,384	-11,428	15,381	9,330	-37,463
Buy Backs	-	-	-	-	974	-	-	-	-	-	-231	4,882	248	215	110	107	60.00	48.00	534	442	1,499	101

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HEAR Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Income Statement [Abstract]
Net revenue	$ 55,848	$ 51,444
Cost of revenue	38,062	37,305
Gross profit	17,786	14,139
Operating expenses:
Selling and marketing	9,013	9,523
Research and development	3,902	4,101
General and administrative	5,674	7,007
Acquisition-related costs	4,910
Total operating expenses	23,499	20,631
Operating loss	(5,713)	(6,492)
Interest expense	150	163
Other non-operating expense, net	370	120
Loss before income tax	(6,233)	(6,775)
Income tax benefit	(6,388)	(70)
Net income (loss)	$ 155	$ (6,705)
Net income (loss) per share
Basic (in dollars per share)	$ 0.01	$ (0.4)
Diluted (in dollars per share)	$ 0.01	$ (0.4)
Weighted average number of shares:
Basic (in shares)	18,321	16,578
Diluted (in shares)	19,389	16,578

HEAR Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 17,816	$ 18,726
Accounts receivable, net	42,908	54,390
Inventories	69,531	44,019
Prepaid expenses and other current assets	10,322	7,720
Total Current Assets	140,577	124,855
Property and equipment, net	5,533	4,824
Goodwill	52,907	10,686
Intangible assets, net	48,704	1,734
Other assets	10,668	7,868
Total Assets	258,389	149,967
Current Liabilities:
Accounts payable	44,842	26,908
Other current liabilities	31,947	29,424
Total Current Liabilities	76,789	56,332
Debt, non-current	45,954
Income tax payable	1,527	1,546
Other liabilities	8,893	7,012
Total Liabilities	133,163	64,890
Commitments and Contingencies
Stockholders’ Equity
Common stock, $0.001 par value - 25,000,000 shares authorized; 21,167,504 and 17,531,702 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively	21	18
Additional paid-in capital	260,594	220,185
Accumulated deficit	(134,122)	(134,277)
Accumulated other comprehensive income (loss)	(1,267)	(849)
Total Stockholders’ Equity	125,226	85,077
Total Liabilities and Stockholders’ Equity	$ 258,389	$ 149,967

About Turtle Beach Corp

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	Mr. Cristopher Keirn
WEBSITE	https://corp.turtlebeach.com
INDUSTRY	Consumer Electronics
EMPLOYEES	245

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 Fri May 17 2024, market cap of Turtle Beach Corp is 337.26 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 Fri May 17 2024, HEAR's PE ratio (Price to Earnings) is -31.17 and Price to Sales (PS) ratio is 1.28. 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 -0.084 (multiply by 100 for percentage) rate of return.