On Monday, Turtle Beach Corp (NASDAQ: HEAR) was 5.20% up from the session before settling in for the closing price of $17.31. A 52-week range for HEAR has been $9.77 – $18.45.
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During the last 5-year period, the sales growth of Technology Sector giant was 1.97%. When this article was written, the company’s average yearly earnings per share was at 249.82%. With a float of $14.02 million, this company’s outstanding shares have now reached $20.08 million.
Let’s determine the extent of company efficiency that accounts for 252 employees. In terms of profitability, gross margin is 31.83%, operating margin of 3.64%, and the pretax margin is -0.29%.
Turtle Beach Corp (HEAR) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Turtle Beach Corp stocks. The insider ownership of Turtle Beach Corp is 30.20%, while institutional ownership is 58.33%. The most recent insider transaction that took place on Nov 21 ’24, was worth 83,130. In this transaction Director of this company sold 5,542 shares at a rate of $15.00, taking the stock ownership to the 37,123 shares. Before that another transaction happened on Nov 20 ’24, when Company’s CEO bought 3,000 for $14.86, making the entire transaction worth $44,580. This insider now owns 35,648 shares in total.
Turtle Beach Corp (HEAR) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.17 earnings per share (EPS) during the time that was less than consensus figure (set at 0.56) by -0.39. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 249.82% per share during the next fiscal year.
Turtle Beach Corp (NASDAQ: HEAR) Trading Performance Indicators
You can see what Turtle Beach Corp (HEAR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.60. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.15. Likewise, its price to free cash flow for the trailing twelve months is 54.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 1.57 in one year’s time.
Technical Analysis of Turtle Beach Corp (HEAR)
Looking closely at Turtle Beach Corp (NASDAQ: HEAR), its last 5-days average volume was 0.23 million, which is a drop from its year-to-date volume of 0.25 million. As of the previous 9 days, the stock’s Stochastic %D was 94.21%. Additionally, its Average True Range was 0.81.
During the past 100 days, Turtle Beach Corp’s (HEAR) raw stochastic average was set at 97.29%, which indicates a significant increase from 95.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.12% in the past 14 days, which was lower than the 51.86% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.81, while its 200-day Moving Average is $14.97. However, in the short run, Turtle Beach Corp’s stock first resistance to watch stands at $18.74. Second resistance stands at $19.27. The third major resistance level sits at $20.17. If the price goes on to break the first support level at $17.32, it is likely to go to the next support level at $16.42. Now, if the price goes above the second support level, the third support stands at $15.89.
Turtle Beach Corp (NASDAQ: HEAR) Key Stats
There are 20,079K outstanding shares of the company, which has a market capitalization of 374.29 million. As of now, sales total 258,120 K while income totals -17,680 K. Its latest quarter income was 94,360 K while its last quarter net income were 3,410 K.
