Turtle Beach Corp Stock Fundamentals
| HEAR Stock | USD 16.97 1.19 7.54% |
Turtle Beach Corp fundamentals help investors to digest information that contributes to Turtle Beach's financial success or failures. It also enables traders to predict the movement of Turtle Stock. The fundamental analysis module provides a way to measure Turtle Beach's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Turtle Beach stock.
At this time, Turtle Beach's Research Development is relatively stable compared to the past year. As of 11/25/2024, Non Operating Income Net Other is likely to grow to about 122 K, while Interest Expense is likely to drop slightly above 478.8 K. Turtle | Select Account or Indicator |
Turtle Beach Corp Company Profit Margin Analysis
Turtle Beach's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Turtle Beach Profit Margin | 0.01 % |
Most of Turtle Beach's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Turtle Beach Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
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Turtle Pretax Profit Margin
Pretax Profit Margin |
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Based on the latest financial disclosure, Turtle Beach Corp has a Profit Margin of 0.0141%. This is 101.08% lower than that of the Household Durables sector and 99.67% lower than that of the Consumer Discretionary industry. The profit margin for all United States stocks is 101.11% lower than that of the firm.
Turtle Beach Corp Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Turtle Beach's current stock value. Our valuation model uses many indicators to compare Turtle Beach value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Turtle Beach competition to find correlations between indicators driving Turtle Beach's intrinsic value. More Info.Turtle Beach Corp is rated # 4 in return on equity category among its peers. It is rated # 2 in return on asset category among its peers reporting about 0.79 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Turtle Beach Corp is roughly 1.27 . At this time, Turtle Beach's Return On Equity is relatively stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Turtle Beach by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Turtle Profit Margin Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Turtle Beach's direct or indirect competition against its Profit Margin to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Turtle Beach could also be used in its relative valuation, which is a method of valuing Turtle Beach by comparing valuation metrics of similar companies.Turtle Beach is currently under evaluation in profit margin category among its peers.
Turtle Beach ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Turtle Beach's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Turtle Beach's managers, analysts, and investors.Environmental | Governance | Social |
Turtle Fundamentals
| Return On Equity | 0.0528 | ||||
| Return On Asset | 0.0415 | ||||
| Profit Margin | 0.01 % | ||||
| Operating Margin | 0.11 % | ||||
| Current Valuation | 407.37 M | ||||
| Shares Outstanding | 20.08 M | ||||
| Shares Owned By Insiders | 28.14 % | ||||
| Shares Owned By Institutions | 69.39 % | ||||
| Number Of Shares Shorted | 816.08 K | ||||
| Price To Earning | 116.00 X | ||||
| Price To Book | 3.11 X | ||||
| Price To Sales | 0.97 X | ||||
| Revenue | 258.12 M | ||||
| Gross Profit | 49.19 M | ||||
| EBITDA | (12 M) | ||||
| Net Income | (17.68 M) | ||||
| Cash And Equivalents | 10.51 M | ||||
| Cash Per Share | 0.63 X | ||||
| Total Debt | 7.73 M | ||||
| Debt To Equity | 0.48 % | ||||
| Current Ratio | 1.76 X | ||||
| Book Value Per Share | 5.07 X | ||||
| Cash Flow From Operations | 27.04 M | ||||
| Short Ratio | 5.14 X | ||||
| Earnings Per Share | 0.31 X | ||||
| Price To Earnings To Growth | 0.67 X | ||||
| Target Price | 22.83 | ||||
| Number Of Employees | 252 | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 316.85 M | ||||
| Total Asset | 149.97 M | ||||
| Retained Earnings | (134.28 M) | ||||
| Working Capital | 68.52 M | ||||
| Current Asset | 94.9 M | ||||
| Current Liabilities | 69.18 M | ||||
| Net Asset | 149.97 M |
About Turtle Beach Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Turtle Beach Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Turtle Beach using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Turtle Beach Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 6 M | 6.3 M | |
| Total Revenue | 258.1 M | 166.5 M | |
| Cost Of Revenue | 182.6 M | 114.3 M | |
| Stock Based Compensation To Revenue | 0.05 | 0.04 | |
| Sales General And Administrative To Revenue | 0.12 | 0.12 | |
| Research And Ddevelopement To Revenue | 0.07 | 0.06 | |
| Capex To Revenue | 0.01 | 0.01 | |
| Revenue Per Share | 15.06 | 8.83 | |
| Ebit Per Revenue | (0.06) | (0.06) |
Pair Trading with Turtle Beach
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Turtle Beach position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Turtle Beach will appreciate offsetting losses from the drop in the long position's value.Moving together with Turtle Stock
| 0.63 | DOGZ | Dogness International Downward Rally | PairCorr |
Moving against Turtle Stock
| 0.55 | FEBO | Fenbo Holdings Tech Boost | PairCorr |
| 0.49 | WLDS | Wearable Devices Buyout Trend | PairCorr |
| 0.45 | EZGO | EZGO Technologies | PairCorr |
| 0.43 | DOOO | BRP Inc Earnings Call This Week | PairCorr |
| 0.4 | CRI | Carters | PairCorr |
The ability to find closely correlated positions to Turtle Beach could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Turtle Beach when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Turtle Beach - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Turtle Beach Corp to buy it.
The correlation of Turtle Beach is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Turtle Beach moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Turtle Beach Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Turtle Beach can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Turtle Stock Analysis
When running Turtle Beach's 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 the 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.