Analysts Offer Predictions for Turtle Beach FY2025 Earnings

Turtle Beach Corporation (NASDAQ:TBCH) – Investment analysts at B. Riley boosted their FY2025 earnings estimates for Turtle Beach in a research note issued on Friday, November 7th. B. Riley analyst D. Crum now forecasts that the company will post earnings per share of $1.11 for the year, up from their prior estimate of $1.08. B. Riley has a “Buy” rating and a $21.00 price objective on the stock. The consensus estimate for Turtle Beach’s current full-year earnings is $1.17 per share. B. Riley also issued estimates for Turtle Beach’s Q4 2025 earnings at $1.21 EPS and FY2026 earnings at $1.34 EPS.

Turtle Beach (NASDAQ:TBCH) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.08 earnings per share 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 firm had revenue of $80.46 million during the quarter. Turtle Beach has set its FY 2025 guidance at EPS.

A number of other brokerages have also recently issued reports on TBCH. Wedbush lifted their target price on shares of Turtle Beach from $13.50 to $14.00 and gave the stock a “neutral” rating in a research report on Friday. Roth Capital reaffirmed a “buy” rating and issued a $22.00 target price on shares of Turtle Beach in a research note on Monday, October 27th. Oppenheimer reiterated an “outperform” rating and set a $19.00 target price on shares of Turtle Beach in a report on Friday, August 8th. Finally, Weiss Ratings upgraded Turtle Beach from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $18.40.

Turtle Beach Stock Up 7.3%

Turtle Beach stock opened at $15.48 on Monday. Turtle Beach has a fifty-two week low of $8.78 and a fifty-two week high of $19.50. The firm has a market capitalization of $298.92 million, a price-to-earnings ratio of 18.00, a price-to-earnings-growth ratio of 0.83 and a beta of 2.01. The stock’s fifty day moving average is $15.59 and its two-hundred day moving average is $14.14. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.75 and a current ratio of 1.60.

Insider Activity

In related news, major shareholder Dc Vga Llc sold 1,388,888 shares of the business’s stock in a transaction that occurred on Thursday, August 21st. The shares were sold at an average price of $14.41, for a total value of $20,013,876.08. Following the completion of the sale, the insider directly owned 2,061,112 shares in the company, valued at approximately $29,700,623.92. The trade was a 40.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William Z. Wyatt purchased 693,962 shares of the company’s stock in a transaction that occurred on Thursday, August 14th. The shares were bought at an average cost of $14.41 per share, with a total value of $9,999,992.42. Following the transaction, the director directly owned 693,962 shares of the company’s stock, valued at $9,999,992.42. The trade was a ? increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 3.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TBCH. Signaturefd LLC acquired a new stake in Turtle Beach during the second quarter worth about $41,000. AlphaQuest LLC acquired a new position in shares of Turtle Beach in the 2nd quarter valued at about $52,000. Police & Firemen s Retirement System of New Jersey purchased a new stake in shares of Turtle Beach during the 2nd quarter worth about $55,000. CWM LLC acquired a new stake in Turtle Beach during the 2nd quarter worth approximately $65,000. Finally, Lazard Asset Management LLC acquired a new position in Turtle Beach during the second quarter valued at approximately $76,000. Institutional investors and hedge funds own 67.01% of the company’s stock.

Turtle Beach Company Profile

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.