In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Turtle Beach Corp (NASDAQ: TBCH) closed at $12.22 down -18.86% from its previous closing price of $15.06. In other words, the price has decreased by -$18.86 from its previous closing price. On the day, 0.8 million shares were traded. TBCH stock price reached its highest trading level at $13.47 during the session, while it also had its lowest trading level at $11.89.
Ratios:
For a deeper understanding of Turtle Beach Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 287.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Craig Hallum on March 31, 2025, initiated with a Buy rating and assigned the stock a target price of $23.
On August 09, 2024, Oppenheimer Upgraded its rating to Outperform which previously was Perform but kept the price unchanged to $17.
Maxim Group reiterated its Buy rating for the stock on May 05, 2023, while the target price for the stock was revised from $10 to $16.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 21 ’24 when Ballard Lloyd Gregory sold 5,542 shares for $15.00 per share. The transaction valued at 83,130 led to the insider holds 37,123 shares of the business.
Keirn Cris bought 3,000 shares of TBCH for $44,580 on Nov 20 ’24. The CEO now owns 35,648 shares after completing the transaction at $14.86 per share. On Nov 21 ’24, another insider, LLOYD GREGORY BALLARD, who serves as the Director of the company, bought 5,542 shares for $15.00 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TBCH now has a Market Capitalization of 244046848 and an Enterprise Value of 336243040. As of this moment, Turtle’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.96, and their Forward P/E ratio for the next fiscal year is 6.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 2.02. Its current Enterprise Value per Revenue stands at 0.902 whereas that against EBITDA is 7.044.
Stock Price History:
The Beta on a monthly basis for TBCH is 2.01, which has changed by -0.2721858 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, TBCH has reached a high of $19.50, while it has fallen to a 52-week low of $12.10. The 50-Day Moving Average of the stock is -24.60%, while the 200-Day Moving Average is calculated to be -22.43%.
Shares Statistics:
For the past three months, TBCH has traded an average of 212.35K shares per day and 401730 over the past ten days. A total of 19.96M shares are outstanding, with a floating share count of 14.41M. Insiders hold about 27.85% of the company’s shares, while institutions hold 52.33% stake in the company. Shares short for TBCH as of 1741910400 were 1027530 with a Short Ratio of 4.84, compared to 1739491200 on 610221. Therefore, it implies a Short% of Shares Outstanding of 1027530 and a Short% of Float of 6.59.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
