Turtle Stock Today

HEAR
 Stock
  

USD 7.19  0.46  6.01%   

Market Performance
0 of 100
Odds Of Distress
Less than 1
Turtle Beach is selling at 7.19 as of the 24th of September 2022; that is -6.01 percent decrease since the beginning of the trading day. The stock's lowest day price was 7.0. Turtle Beach has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Turtle Beach Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of October 2020 and ending today, the 24th of September 2022. Click here to learn more.
Turtle Beach Corporation operates as an audio technology company. The company was founded in 1975 and is headquartered in White Plains, New York. Turtle Beach operates under Consumer Electronics classification in the United States and is traded on NASDAQ Exchange. The company has 16.05 M outstanding shares of which 2.27 M shares are currently shorted by private and institutional investors with about 6.44 trading days to cover. More on Turtle Beach Corp

Moving together with Turtle Beach

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Moving against Turtle Beach

-0.6DISWalt Disney Fiscal Year End 9th of November 2022 PairCorr
Follow Valuation Odds of Bankruptcy
Check how we calculate scores

Turtle Beach Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Turtle Beach's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Turtle Beach or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Turtle Beach Corp generated a negative expected return over the last 90 days
Turtle Beach Corp has high historical volatility and very poor performance
Turtle Beach Corp currently holds about 23.7 M in cash with (34.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.44.
Over 81.0% of the company shares are owned by institutional investors
Latest headline from www.gamespress.com: TURTLE BEACH UNVEILS THE VELOCITYONE RUDDER PEDALS VELOCITYONE STAND AS NEW ADD-ON ACCESSORIES FOR THE AWARD-WINNING VELOCITYONE FLIGHT UNIVERSAL CONTROL SYSTEM - Games Press
CEO and President and DirectorJuergen Stark
Average Analyst Recommendation
Analysts covering Turtle Beach report their recommendations after researching Turtle Beach's financial statements, talking to executives and customers, or listening in on Turtle Beach's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Turtle Beach Corp. The Turtle consensus assessment is calculated by taking the average forecast from all of the analysts covering Turtle Beach.
Strong Buy5 Opinions
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Turtle Beach's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldUndervalued
Turtle Beach Corp (HEAR) is traded on NASDAQ Exchange in USA and employs 272 people. The company currently falls under 'Small-Cap' category with current market capitalization of 123.88 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 these looking for more risk prefer small-cap and mid-cap equities. Turtle Beach Corp conducts business under Technology sector and is part of Consumer Electronics industry. The entity has 16.05 M outstanding shares of which 2.27 M shares are currently shorted by private and institutional investors with about 6.44 trading days to cover. Turtle Beach Corp currently holds about 23.7 M in cash with (34.76 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.44.
Check Turtle Beach Probability Of Bankruptcy
Ownership
Turtle Beach maintains a total of 16.05 Million outstanding shares. The majority of Turtle Beach Corp outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Turtle Beach to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Turtle Beach Corp. Please pay attention to any change in the institutional holdings of Turtle Beach Corp as this could imply that something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Turtle Ownership Details

Turtle Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Turtle Beach jumping above the current price in 90 days from now is over 95.15%. The Turtle Beach Corp probability density function shows the probability of Turtle Beach stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.8209. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Turtle Beach will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Turtle Beach Corp is significantly underperforming DOW.
  Odds Below 7.19HorizonTargetOdds Above 7.19
4.83%90 days
 7.19 
95.15%
Based on a normal probability distribution, the odds of Turtle Beach to move above the current price in 90 days from now is over 95.15 (This Turtle Beach Corp probability density function shows the probability of Turtle Stock to fall within a particular range of prices over 90 days) .

Turtle Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Turtle Beach that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Turtle Beach's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Turtle Beach's value.
InstituionSecurity TypeTotal SharesValue
Blackrock IncCommon SharesM12.4 M
Hawkeye Capital Management LlcCommon Shares824.6 K10.1 M
Shay Capital LlcCall Options784.8 K9.6 M
Harbert Fund Advisors IncPut Options450 K5.5 M
View Turtle Beach Diagnostics

Turtle Beach Corp Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Turtle Beach market risk premium is the additional return an investor will receive from holding Turtle Beach long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Turtle Beach. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Turtle Beach's alpha and beta are two of the key measurements used to evaluate Turtle Beach's performance over the market, the standard measures of volatility play an important role as well.

Turtle Stock Against Markets

Picking the right benchmark for Turtle Beach stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Turtle Beach stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Turtle Beach is critical whether you are bullish or bearish towards Turtle Beach Corp at a given time.

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.

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Turtle Beach Corporate Directors

Turtle Beach corporate directors refer to members of a Turtle Beach board of directors. The board of directors generally takes responsibility for the Turtle Beach's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Turtle Beach's board members must vote for the resolution. The Turtle Beach board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

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 Shape 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.
Please check Risk vs Return Analysis. 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 Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Turtle Beach Corp 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 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.
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.