Turtle Beach CorpHEAR
Market Cap: 338M
About: Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a significant revenue portion generated during the holiday season. The majority of its revenue stems from North America.
Employees: 252
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
117% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 12
74% more capital invested
Capital invested by funds: $115M [Q4 2023] → $199M (+$84.7M) [Q1 2024]
26% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $17.3M
13% more funds holding
Funds holding: 112 [Q4 2023] → 126 (+14) [Q1 2024]
5.5% more ownership
Funds ownership: 60.1% [Q4 2023] → 65.6% (+5.5%) [Q1 2024]
5% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 40
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
Research analyst outlook
6 Wall Street Analysts provided 1 year price forecasts over the past 6 months
6 analyst ratings
Wedbush Michael Pachter | 21%upside $19 | Outperform Reiterated | 8 May 2024 |
Wedbush Michael Pachter | 21%upside $19 | Outperform Reiterated | 1 May 2024 |
Lake Street Mark Argento | 66%upside $26 | Buy Maintained | 18 Mar 2024 |
Maxim Group Jack Vander Aarde | 53%upside $24 | Buy Maintained | 15 Mar 2024 |
Roth MKM Sean McGowan | 59%upside $25 | Buy Maintained | 14 Mar 2024 |
Financial journalist opinion
Based on 5 articles about HEAR published over the past 30 days