Wedbush Issues Positive Forecast for Turtle Beach (NASDAQ:TBCH) Stock Price

Turtle Beach (NASDAQ:TBCH) had its target price boosted by Wedbush from $20.00 to $21.00 in a report published on Friday morning,Benzinga reports. They currently have an outperform rating on the stock. Wedbush also issued estimates for Turtle Beach’s FY2025 earnings at $1.78 EPS, Q3 2026 earnings at $0.55 EPS, Q4 2026 earnings at $1.28 EPS, FY2026 earnings at $2.10 EPS and FY2027 earnings at $2.37 EPS.

Turtle Beach Trading Down 5.1 %

NASDAQ:TBCH opened at $13.56 on Friday. The company has a market capitalization of $272.27 million, a PE ratio of 46.76, a PEG ratio of 0.77 and a beta of 2.05. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.26 and a quick ratio of 0.60. Turtle Beach has a 1 year low of $12.10 and a 1 year high of $19.50.

Turtle Beach (NASDAQ:TBCH) last issued its quarterly earnings data on Thursday, March 13th. The company reported $1.00 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.11 by ($0.11). The business had revenue of $146.08 million during the quarter, compared to the consensus estimate of $154.10 million. Turtle Beach had a net margin of 1.41% and a return on equity of 9.18%. On average, equities research analysts predict that Turtle Beach will post 1.17 earnings per share for the current year.

Turtle Beach Company Profile

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand.