HEAR Stock Earnings Turtle Beach Misses EPS, Beats Revenue for Q2 2024
| HEAR Stock | USD 16.97 1.19 7.54% |
Slightly above 64% of all Turtle Beach's retail investors are looking to take a long position. The analysis of overall sentiment of trading Turtle Beach Corp stock suggests that some investors are interested at this time. Turtle Beach's investing sentiment overview a quick insight into current market opportunities from investing in Turtle Beach Corp. Many technical investors use Turtle Beach Corp stock news signals to limit their universe of possible portfolio assets and to time the market correctly.
Turtle |
HEAR stock results show that Turtle Beach missed analyst estimates for earnings per share but beat on revenue for the second quarter of 2024.
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Turtle Beach Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Turtle Beach can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Turtle Beach Fundamental Analysis
We analyze Turtle Beach'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 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.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
Turtle Beach is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
Turtle Beach Corp Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Turtle Beach stock to make a market-neutral strategy. 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 with similar companies.
Peers
Turtle Beach Related Equities
| VUZI | Vuzix Corp | 31.58 | ||||
| SONO | Sonos | 3.78 | ||||
| UEIC | Universal Electronics | 3.27 | ||||
| VOXX | VOXX International | 2.69 | ||||
| GPRO | GoPro | 2.46 | ||||
| SONY | Sony Group | 1.89 | ||||
| XIACY | Xiaomi Corp | 1.28 | ||||
| LPL | LG Display | 0.87 | ||||
| VZIO | Vizio Holding | 0.53 | ||||
| SSNLF | Samsung Electronics | 0.00 | ||||
| MSN | Emerson Radio | 6.52 |
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.