Turtle Beach (NASDAQ:TBCH – Get Free Report) had its target price raised by investment analysts at Wedbush from $20.00 to $21.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Wedbush’s price target suggests a potential upside of 54.87% from the company’s previous close. Wedbush also issued estimates for Turtle Beach’s FY2025 earnings at $1.78 EPS, 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 NASDAQ TBCH opened at $13.56 on Friday. Turtle Beach has a one year low of $12.10 and a one year high of $19.50. The stock has a market cap of $272.27 million, a price-to-earnings ratio of 46.76, a price-to-earnings-growth ratio of 0.77 and a beta of 2.05. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.60.
Turtle Beach (NASDAQ:TBCH – Get Free Report) last announced its quarterly earnings results on Thursday, March 13th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.11). The firm had revenue of $146.08 million for the quarter, compared to analyst estimates of $154.10 million. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%. As a group, analysts anticipate that Turtle Beach will post 1.17 earnings per share for the current year.
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.
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