Streetbeat News

HEAR

Turtle Beach Corporation

https://corp.turtlebeach.com

Industry

Consumer Electronics

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. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in White Plains, New York.

Open

15.39

Mkt cap

298M

Volume

197K

High

15.39

P/E Ratio

47.94

52-wk high

18.45

Low

14.70

Div yield

N/A

52-wk low

9.77

Insiders have recently purchased shares in Turtle Beach, Ark Restaurants, iRobot, and First Financial Bankshares, indicating their confidence in these companies. Notable trades include Turtle Beach's Director acquiring 2,025 shares, Ark Restaurants' 10% owner buying 19,815 shares, iRobot's President and CEO purchasing 2,050 shares, and First Financial Bankshares' EVP/CFO buying 1,000 shares.

Portfolio Pulse from Avi Kapoor

May 17, 2024 | 12:39 pm

Wedbush analyst Michael Pachter reiterated an Outperform rating on Turtle Beach (NASDAQ:HEAR) and maintained a $19 price target.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 3:14 pm

Turtle Beach (NASDAQ:HEAR) reported Q1 earnings of $0.01 per share, surpassing the $(0.25) estimate, with sales of $55.85M also beating the $53.22M estimate. This represents a significant improvement over the previous year's losses and sales figures.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 10:13 pm

Wedbush analyst Michael Pachter reiterates an Outperform rating on Turtle Beach (NASDAQ:HEAR) and maintains a $19 price target.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 2:04 pm

In Thursday's pre-market session, 12 Information Technology stocks showed significant movement. Notably, Verb Tech, Ostin Technology Group, and VIA optronics were among the top gainers, while ClearOne, UTime, and Turtle Beach led the losers. The movements reflect changes in market valuations, with companies like BitFuFu showing an 11.49% increase and ClearOne experiencing a 24.5% decrease.

Portfolio Pulse from Benzinga Insights

April 11, 2024 | 12:10 pm

Turtle Beach has decided not to proceed with its previously announced Dutch auction Tender Offer for up to $30 million of common stock. Instead, the company has increased its share repurchase authorization to $55 million.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 8:40 pm

In Tuesday's after-market session, several Information Technology stocks showed significant movements. Marin Software (MRIN) led the gainers with a 53.3% increase, while UTime (WTO) experienced the largest drop among the losers, declining by 14.9%. Notably, SMART Global Holdings (SGH) and Aehr Test Systems (AEHR) reported their Q2 and Q3 earnings, respectively, influencing their stock movements.

Portfolio Pulse from Benzinga Insights

April 09, 2024 | 8:31 pm

Turtle Beach has updated its capital return plan, canceling the previously planned Dutch auction tender offer for up to $30 million of its shares. Instead, it has increased its share repurchase authorization to $55 million, including the $8.4 million already spent on buybacks. The remaining balance for share repurchases is now $46.6 million.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 8:22 pm

In Thursday's pre-market session, several Information Technology stocks showed significant movement. WiSA Technologies, Peraso, NOVONIX, Vertex, Ascent Solar Technologies, and Intrusion were among the gainers, with increases ranging from 8.18% to 27.6%. On the downside, Casa Systems, Turtle Beach, XTI Aerospace, Next Technology Holding, Marin Software, and Meta Materials experienced declines between 5.1% and 23.5%.

Portfolio Pulse from Benzinga Insights

April 04, 2024 | 12:09 pm

Lake Street analyst Mark Argento has maintained a Buy rating on Turtle Beach (NASDAQ:HEAR) and increased the price target from $14 to $26.

Portfolio Pulse from Benzinga Newsdesk

March 18, 2024 | 1:43 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.