While Turtle Beach Corp has underperformed by -0.46%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TBCH fell by -29.43%, with highs and lows ranging from $19.50 to $9.62, whereas the simple moving average fell by -30.01% in the last 200 days.
On March 31, 2025, Craig Hallum started tracking Turtle Beach Corp (NASDAQ: TBCH) recommending Buy. A report published by Oppenheimer on August 09, 2024, Upgraded its rating to ‘Outperform’ for TBCH. Maxim Group also reiterated TBCH shares as ‘Buy’, quoting a target price of $16 on the company’s shares in a report dated May 05, 2023. ROTH Capital Initiated an Buy rating on November 28, 2022, and assigned a price target of $18. Oppenheimer August 09, 2022d its ‘Outperform’ rating to ‘Perform’ for TBCH, as published in its report on August 09, 2022. DA Davidson’s report from August 09, 2022 suggests a price prediction of $14 for TBCH shares, giving the stock a ‘Neutral’ rating. Wedbush also rated the stock as ‘Outperform’.
Analysis of Turtle Beach Corp (TBCH)
Further, the quarter-over-quarter increase in sales is 46.76%, showing a positive trend in the upcoming months.
To gain a thorough understanding of Turtle Beach Corp’s future performance, several well-rounded types of analysis and research techniques can be used, with equity being among the most crucial. The goal here is to ensure that your current return on equity of 15.74% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.95, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
It is also very valuable to look at average volume as an indicator of volatility for a stock, and TBCH is recording an average volume of 268.40K. On a monthly basis, the volatility of the stock is set at 7.73%, whereas on a weekly basis, it is put at 6.81%, with a loss of -1.09% over the past seven days. Furthermore, long-term investors anticipate a median target price of $22.80, showing growth from the present price of $10.91, which can serve as yet another indication of whether TBCH is worth investing in or should be passed over.
How Do You Analyze Turtle Beach Corp Shares?
A leading company in the Consumer Electronics sector, Turtle Beach Corp (TBCH) is based in the USA. When comparing Turtle Beach Corp shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 14.25, there is a growth in quarterly earnings of 104.82%.
The number of employees owning shares of the company should also be considered in addition to the fundamentals. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 35.18%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 52.13% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TBCH shares are owned by institutional investors to the tune of 52.13% at present.
