Turtle Stock Buy Hold or Sell Recommendation

HEAR
 Stock
  

USD 9.30  0.02  0.22%   

Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Turtle Beach Corp is 'Strong Sell'. Macroaxis provides Turtle Beach buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding HEAR positions. The advice algorithm takes into account all of Turtle Beach's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Turtle Beach's buy-and-hold perspective. Please check Turtle Beach Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Turtle and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Turtle Beach Corp.

Execute Turtle Beach Buy or Sell Advice

The Turtle recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Turtle Beach Corp. Macroaxis does not own or have any residual interests in Turtle Beach Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Turtle Beach's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell Turtle BeachBuy Turtle Beach
Strong Sell

Volatility

Details

Hype Condition

Details

Current Valuation

Details

Odds of Distress

Details

Economic Sensitivity

Details

Analyst Consensus

Details

Financial Strenth (F Score)

Details

Financial Leverage

Inapplicable
Details

Reporting Quality (M-Score)

Details
For the selected time horizon Turtle Beach Corp has a Mean Deviation of 3.65, Semi Deviation of 4.96, Standard Deviation of 5.27, Variance of 27.73, Downside Variance of 26.41 and Semi Variance of 24.65
We provide advice to complement the current expert consensus on Turtle Beach. Our dynamic recommendation engine harnesses a multidimensional algorithm to analyze the firm's potential to grow using all technical and fundamental data available at the time. To make sure Turtle Beach Corp is not overpriced, please validate all Turtle Beach fundamentals, including its debt to equity, beta, and the relationship between the net income and short ratio . Given that Turtle Beach Corp has a number of shares shorted of 1.56 M, we advise you to double-check Turtle Beach Corp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your current risk tolerance and investing horizon.

Turtle Beach Trading Alerts and Improvement Suggestions

Turtle Beach Corp has very high historical volatility over the last 90 days
The company reported the previous year's revenue of 248.7 M. Net Loss for the year was (31.77 M) with profit before overhead, payroll, taxes, and interest of 128.38 M.
Turtle Beach Corp currently holds about 10.51 M in cash with (59.57 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.63.
Turtle Beach Corp has a poor financial position based on the latest SEC disclosures
Roughly 74.0% of the company shares are owned by institutional investors
Latest headline from news.google.com: Turtle Beach After Q3 Precarious Financials At Present - Seeking Alpha

Turtle Beach current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Turtle analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Turtle analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price11.30
Target Median Price10.00
Target High Price18.00
Recommendation Mean2.00
Number Of Analyst Opinions5
Target Low Price7.50
Average Consensus Strong Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Turtle Beach Returns Distribution Density

The distribution of Turtle Beach's historical returns is an attempt to chart the uncertainty of Turtle Beach's future price movements. The chart of the probability distribution of Turtle Beach stock daily returns describes the distribution of returns around its average expected value. We use Turtle Beach Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Turtle Beach returns is essential to provide solid investment advice for Turtle Beach.
Mean Return0.06Value At Risk-8.48
Potential Upside6.91Standard Deviation5.27
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Turtle Beach historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Turtle Stock 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.
Security TypeSharesValue
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.4 K50 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.4 K63 K
Zurcher Kantonalbank Zurich CantonalbankCommon Shares4.4 K88 K
Zebra Capital Management LlcCommon Shares18.1 K389 K
Zebra Capital Management LlcCommon Shares19 K346 K
Yakira Capital Management IncCommon Shares79.2 K968 K
Yakira Capital Management IncCommon Shares70.6 K1.5 M
Wolverine Trading LlcCall Options42.7 K546 K
Wolverine Trading LlcPut Options24.5 K524 K
Note, although Turtle Beach's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Turtle Beach Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(4.41 M)(5.08 M)(1.91 M)(5.66 M)(5.62 M)(6.06 M)
Depreciation Amortization and Accretion4.42 M4.26 M5.2 M5.25 M5.31 M5.77 M
Net Cash Flow or Change in Cash and Cash Equivalents(936 K)1.83 M1.17 M38.43 M(8.96 M)(9.2 M)
Issuance Repayment of Debt Securities(89 K)(36.74 M)(21.73 M)(15.65 M)(14.09 M)(14.46 M)
Net Cash Flow from Financing(162 K)(35.13 M)(24.18 M)(7.41 M)(56 K)(60.42 K)
Net Cash Flow from Investing(4.41 M)(5.08 M)(14.58 M)(5.66 M)(8.12 M)(8.76 M)
Net Cash Flow from Operations3.42 M42.25 M39.37 M51.05 M(327 K)(335.61 K)
Effect of Exchange Rate Changes on Cash219 K(210 K)556 K458 K(457 K)(469.03 K)
Share Based Compensation1.43 M1.88 M3.56 M5.55 M7.66 M6.07 M

Turtle Beach Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Turtle Beach or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Turtle Beach's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Turtle stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.07
β
Beta against DOW1.95
σ
Overall volatility
5.27
Ir
Information ratio -0.0017

Turtle Beach Volatility Alert

Turtle Beach Corp exhibits above-average semi-deviation for your current time horizon. We encourage investors to investigate Turtle Beach Corp individually to make sure intended market timing strategies and available technical indicators are consistent with their estimates about Turtle Beach future systematic risk. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Turtle Beach's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Turtle Beach's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Turtle Beach Fundamentals Vs Peers

Comparing Turtle Beach's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Turtle Beach's direct or indirect competition across all of the common fundamentals between Turtle Beach and the related equities. This way, we can detect undervalued stocks with similar characteristics as Turtle Beach or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Turtle Beach's fundamental indicators could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Turtle Beach to competition
FundamentalsTurtle BeachPeer Average
Return On Equity(26.16) %(0.31) %
Return On Asset(8.37) %(0.14) %
Profit Margin(12.78) %(1.27) %
Operating Margin(9.83) %(5.51) %
Current Valuation189.76 M16.62 B
Shares Outstanding16.56 M571.82 M
Shares Owned by Insiders6.95 %10.09 %
Shares Owned by Institutions73.80 %39.21 %
Number of Shares Shorted1.56 M4.71 M
Price to Earning116.00 X28.72 X
Price to Book1.41 X9.51 X
Price to Sales0.62 X11.42 X
Revenue248.7 M9.43 B
Gross Profit128.38 M27.38 B
EBITDA(24.45 M)3.9 B
Net Income(31.77 M)570.98 M
Cash and Equivalents10.51 M2.7 B
Cash per Share0.63 X5.01 X
Total Debt52.42 M5.32 B
Debt to Equity0.48 %48.70 %
Current Ratio1.76 X2.16 X
Book Value Per Share6.60 X1.93 K
Cash Flow from Operations(59.57 M)971.22 M
Short Ratio7.51 X4.00 X
Earnings Per Share0.08 X3.12 X
Price to Earnings To Growth(0.41) X4.89 X
Number of Employees27218.84 K
Beta1.76-0.15
Market Capitalization153.65 M19.03 B
Total Asset172.46 M29.47 B
Retained Earnings(116.51 M)9.33 B
Working Capital25.72 M1.48 B
Current Asset94.9 M9.34 B
   Acquisition by Stech Brian of 5576 shares of Turtle Beach subject to Rule 16b-3 [view details]

Turtle Beach Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Turtle . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Turtle Beach Buy or Sell Advice

When is the right time to buy or sell Turtle Beach Corp? Buying financial instruments such as Turtle Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Receivables44.53 M43.87 M35.95 M35.8 M
Inventories45.71 M71.3 M101.93 M109.98 M

Use Investing Ideas to Build Portfolios

In addition to having Turtle Beach in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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ETFs
ETFs Theme
Public companies that diversify risk by investing across different stocks, funds, or indexes. The ETFs theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ETFs Theme or any other thematic opportunities.
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Please check Turtle Beach Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. 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 Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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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 YOY
(0.73) 
Market Capitalization
154 M
Quarterly Revenue Growth YOY
(0.40) 
Return On Assets
(0.08) 
Return On Equity
(0.26) 
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.
Please note, there is a significant difference between Turtle Beach's value and its price as these two are different measures arrived at by different means. Investors typically determine Turtle Beach value 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.