Wedbush Has Positive Outlook of Turtle Beach FY2025 Earnings

Turtle Beach Corp (NASDAQ:TBCH) – Equities research analysts at Wedbush upped their FY2025 earnings per share (EPS) estimates for Turtle Beach in a note issued to investors on Friday, March 14th. Wedbush analyst M. Pachter now anticipates that the company will post earnings per share of $1.78 for the year, up from their previous forecast of $1.65. Wedbush has a “Outperform” rating and a $21.00 price target on the stock. The consensus estimate for Turtle Beach’s current full-year earnings is $1.17 per share. Wedbush also issued estimates for Turtle Beach’s Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $2.10 EPS and FY2027 earnings at $2.37 EPS.

Turtle Beach Stock Performance

Shares of TBCH opened at $13.58 on Monday. The firm has a market capitalization of $272.67 million, a price-to-earnings ratio of 46.83, a PEG ratio of 0.77 and a beta of 2.05. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.60 and a current ratio of 1.26. Turtle Beach has a 1 year low of $12.10 and a 1 year high of $19.50.

Turtle Beach (NASDAQ:TBCH) last issued its quarterly earnings data on Thursday, March 13th. The company reported $1.00 EPS for the quarter, missing the consensus estimate of $1.11 by ($0.11). The company had revenue of $146.08 million during the quarter, compared to analysts’ expectations of $154.10 million. Turtle Beach had a return on equity of 9.18% and a net margin of 1.41%.

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.