Turtle Beach (LSE:0ZNF) - Stock Price, News & Analysis

0ZNF Stock Overview

Operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. More details

0ZNF fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	4/6
Past Performance	2/6
Financial Health	2/6
Dividends	0/6

Rewards

Trading at 90.2% below our estimate of its fair value

Earnings are forecast to grow 65.17% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 51%

Risk Analysis

Interest payments are not well covered by earnings

Shareholders have been diluted in the past year

Large one-off items impacting financial results

Volatile share price over the past 3 months compared to the UK market

Turtle Beach Corporation Competitors

Raspberry Pi Holdings

LSE:RPI

UK£644.1m

Concurrent Technologies

AIM:CNC

UK£122.7m

Midwich Group

AIM:MIDW

UK£284.4m

Filtronic

AIM:FTC

UK£164.2m

Price History & Performance

Summary of all time highs, changes and price drops for Turtle Beach
Historical stock prices
Current Share Price	US$15.05
52 Week High	US$18.10
52 Week Low	US$9.82
Beta	2.06
11 Month Change	-11.08%
3 Month Change	-2.90%
1 Year Change	43.51%
33 Year Change	-43.05%
5 Year Change	n/a
Change since IPO	-42.59%

Recent updates

Shareholder Returns

	0ZNF	GB Tech	GB Market
7D	-1.2%	-0.2%	0.7%
1Y	43.5%	-5.0%	6.1%

Return vs Industry: 0ZNF exceeded the UK Tech industry which returned -5% over the past year.

Return vs Market: 0ZNF exceeded the UK Market which returned 6.1% over the past year.

Price Volatility

Is 0ZNF's price volatile compared to industry and market?
0ZNF volatility
0ZNF Average Weekly Movement	7.8%
Tech Industry Average Movement	6.3%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.4%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0ZNF's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: 0ZNF's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

Founded	Employees	CEO	Website
1975	252	Cris Keirn	corp.turtlebeach.com

Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand.

Turtle Beach Corporation Fundamentals Summary

How do Turtle Beach's earnings and revenue compare to its market cap?
0ZNF fundamental statistics
Market cap	US$297.98m
Earnings (TTM)	US$4.60m
Revenue (TTM)	US$326.23m

66.1x

P/E Ratio

0.9x

P/S Ratio

Is 0ZNF overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0ZNF income statement (TTM)
Revenue	US$326.23m
Cost of Revenue	US$217.35m
Gross Profit	US$108.88m
Other Expenses	US$104.29m
Earnings	US$4.60m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.23
Gross Margin	33.38%
Net Profit Margin	1.41%
Debt/Equity Ratio	102.5%

How did 0ZNF perform over the long term?

See historical performance and comparison

0ZNF Stock Overview

Rewards

Risk Analysis

Turtle Beach Corporation Competitors

LSE:RPI

UK£644.1m

AIM:CNC

UK£122.7m

AIM:MIDW

UK£284.4m

AIM:FTC

UK£164.2m

Price History & Performance

Recent News & Updates

New major risk - Financial position

Turtle Beach Corporation to Report Q3, 2024 Results on Nov 07, 2024

Turtle Beach Corporation Brings its Gaming Accessories to More Gamers in Key International Markets, Including Canada and Latin America

Independent Director recently bought US$294k worth of stock

Turtle Beach Corporation Maintains Earnings Guidance for the Full Year Ending December 31, 2024

Second quarter 2024 earnings released: US$0.35 loss per share (vs US$0.93 loss in 2Q 2023)

Recent updates

New major risk - Financial position

Turtle Beach Corporation to Report Q3, 2024 Results on Nov 07, 2024

Turtle Beach Corporation Brings its Gaming Accessories to More Gamers in Key International Markets, Including Canada and Latin America

Independent Director recently bought US$294k worth of stock

Turtle Beach Corporation Maintains Earnings Guidance for the Full Year Ending December 31, 2024

Second quarter 2024 earnings released: US$0.35 loss per share (vs US$0.93 loss in 2Q 2023)

Turtle Beach Corporation Announces Retirement of John Hanson as Chief Financial Officer

Turtle Beach Corporation to Report Q2, 2024 Results on Aug 08, 2024

Turtle Beach Corporation Appoints Libby Bush to its Board of Directors

Independent Director recently sold US$83k worth of stock

Turtle Beach Corporation and Performance Designed Products LLC Announces Two Highly-Anticipated Additions to its Victrix Pro FS Arcade Fight Stickline

Turtle Beach Corporation and Performance Designed Products LLC Releases the Victrix®? Gambit™? Prime Wired Tournament Controller for Xbox Series X|S, Xbox One, and PC

First quarter 2024 earnings released: EPS: US$0.008 (vs US$0.40 loss in 1Q 2023)

Turtle Beach Corporation Provides Revenue Guidance for the Year 2024

Turtle Beach Corporation, Annual General Meeting, Jun 11, 2024

Turtle Beach Corporation to Report Q1, 2024 Results on May 07, 2024

Turtle Beach Corporation Unveils New Gaming Headsets, Keyboards, & Mice Launching May 19, 2024

Turtle Beach Corporation (NasdaqGM:HEAR) acquired Performance Designed Products, LLC from Diversis Capital Management, L.P. for approximately $120 million.

Turtle Beach Corporation (NasdaqGM:HEAR) acquired Performance Designed Products, LLC from Diversis Capital Management, L.P. for approximately $120 million.

Turtle Beach Corporation to Report Q4, 2023 Results on Mar 13, 2024

Turtle Beach Corporation Announces Availability of Turtle Beach VelocityOne Flightdeckis

Turtle Beach Corporation Announces Latest addition to the brand’s esteemed line of gaming simulation gear with the Turtle Beach® VelocityOne™ Race

Turtle Beach Corporation's Groundbreaking & Critically Acclaimed Designed for Xbox Stealth Ultra Wireless Controller Launches Globally

Turtle Beach Corporation Unveils Its VelocityOne Flightdeck

Turtle Beach Corporation unveils Eagerly Anticipated First-Wireless Controller for Xbox and PC, the Designed for Xbox Turtle Beach Stealth Ultra Wireless Smart Game Controller

Turtle Beach Corporation Reiterates Earnings Guidance for the Fiscal Year 2023

Third quarter 2023 earnings released: US$0.21 loss per share (vs US$0.73 loss in 3Q 2022)

Turtle Beach & Gaming's International Superstar - Dr Disrespect - Unleash the Stealth 700 Gen 2 Max Dr Disrespect Limited Edition Wireless Gaming Headset

Turtle Beach Corporation to Report Q3, 2023 Results on Nov 07, 2023

Turtle Beach Corporation's Distinctive Two-Piece Atom Controller is Now Available for Gamers on iPhone

Turtle Beach Corporation Announces Three New Colorways - Red, Nebula, and Pixel Green

High number of new directors

Turtle Beach Corporation Reveals New Colorways for the Designed for Xbox React-R Controller

Turtle Beach Corporation's Innovative & Hyper-Portable Atom Controller Is Coming to Iphone Users Next Month

Second quarter 2023 earnings released: US$0.93 loss per share (vs US$1.08 loss in 2Q 2022)

Turtle Beach Corporation to Report Q2, 2023 Results on Aug 07, 2023

Turtle Beach Corporation(NasdaqGM:HEAR) dropped from Russell 2000 Growth Index

Turtle Beach Corporation Announces Board Changes

Turtle Beach Corporation Announces Chief Executive Officer Changes

Turtle Beach Corporation Announces ROCCAT's Best-Selling & Award-Winning PC Gaming Keyboards Go Wireless With the Vulcan II Mini Air

Turtle Beach Corporation, Annual General Meeting, Jul 06, 2023

Brian Stech Informs Turtle Beach Corporation That He Will Not Stand for Re-Election to the Board of Directors

CEO, President & Director recently sold US$699k worth of stock

Turtle Beach Corporation Appoints William Wyatt to the Board of Directors

Turtle Beach Corporation Provides Information to Shareholders

Turtle Beach Corporation Provides Earnings Guidance for the Year 2023

First quarter 2023 earnings released: US$0.40 loss per share (vs US$0.40 loss in 1Q 2022)

Turtle Beach Corporation Provides Earnings Guidance for the Year 2023

Full year 2022 earnings released: US$3.62 loss per share (vs US$1.11 profit in FY 2021)

High number of new directors

Turtle Beach Corporation Designed for Xbox Fuel Dual Controller Charging Station & Headset Stand Now Available

Turtle Beach Corporation Appoints Julia Sze to the Board of Directors

Charge Into the Virtual World With Turtle Beach’s Fuel Compact VR Charging Station for Meta Quest 2 – Now Available

Turtle Beach Corporation Announces Its Highly-Anticipated Turtle Beach VelocityOne™ Flightstick

Turtle Beach Corporation Announces Launch of its Affordable, All-Purpose Kone Air Wireless Ergonomic Gaming Mouse

Turtle Beach Corporation Launches Turtle Beach Atom Controller

Turtle Beach Corporation Unveils New Turtle Beach Fuel Dual Controller Charging Station & Headset Stand for Xbox

Turtle Beach Corporation announced delayed 10-Q filing

Turtle Beach Corporation Unveils New Charging System That Delivers Reliable Power and Provides Convenient Storage for Meta Quest Virtual Reality Fans