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Turtle Beach Corp
NASDAQ:HEAR

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Turtle Beach Corp Logo
Turtle Beach Corp
NASDAQ:HEAR
Watchlist
Price: 9.55 USD +4.49% Market Closed
Updated: Dec 1, 2022

Intrinsic Value

The intrinsic value of one HEAR stock under the Base Case scenario is 12.99 USD. Compared to the current market price of 9.55 USD, Turtle Beach Corp is Undervalued by 26%.

The Intrinsic Value is calculated as the average of the two valuation methods:

HEAR Intrinsic Value
Base Case
12.99 USD
Undervaluation 26%
Intrinsic Value
Price
Worst Case
Base Case
Best Case

Fundamental Analysis

HEAR Profitability Score
Profitability Due Diligence

Turtle Beach Corp's profitability score is 44/100. The higher the profitability score, the more profitable the company is.

Negative ROE
Negative ROIC
Negative 1-Year Revenue Growth
Declining ROE
44/100
Profitability
Score

Turtle Beach Corp's profitability score is 44/100. The higher the profitability score, the more profitable the company is.

HEAR Solvency Score
Solvency Due Diligence

Turtle Beach Corp's solvency score is 38/100. The higher the solvency score, the more solvent the company is.

Low Interest Coverage
Low Altman Z-Score
Positive Net Debt
Short-Term Liabilities
38/100
Solvency
Score

Turtle Beach Corp's solvency score is 38/100. The higher the solvency score, the more solvent the company is.

Financials
Efficiency
26%
Gross Margin
-15%
Operating Margin
-13%
Net Margin
-25%
FCF Margin
-26%
ROE
-18%
ROIC
Other

HEAR Capital Structure
Turtle Beach Corp

Market Capitalization 158M USD
Total Debt 44.6M USD
Minority Interest 0 USD
Preferred Equity 0 USD
Cash and Equivalents 10.5M USD
Short-Term Investments 0 USD
Enterprise Value 192M USD

Wall St
Price Targets

HEAR Price Targets Summary
Turtle Beach Corp

Wall Street analysts forecast HEAR stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for HEAR is 12.42 USD .

Lowest
Price Target
Not Available
Average
Price Target
12.42 USD
30% Upside
Highest
Price Target
Not Available
View Analyst Estimates
View Analyst Estimates

Competitive Landscape

HEAR Competitors
Turtle Beach Corp

HEAR Suppliers & Customers
Turtle Beach Corp

Turtle Beach Corp has 2 key suppliers from 2 countries and 1 industries. The majority of these suppliers are located in Canada, with the largest number of suppliers in the Technology industry.

Suppliers Map

Turtle Beach Corp has 7 key customers from 2 countries and 3 industries. The majority of these customers are located in the United States of America, with the largest number of customers in the Retail industry.

Ownership

HEAR Shareholders
Major Shareholders

Insiders own a significant part of the company.

Top 25 shareholders own 67.95% of the company. Insiders own 16.48%. The biggest insider is Sg Vtb Holdings, Llc (10 percent owner), who owns 4.77% of Turtle Beach Corp.

Insiders
16.48%
Institutions
68.78%
Other
14.75%
Insiders
16.48%
Sg Vtb Holdings, Llc
10 percent owner
Ownership
4.7728%
Market Value
7.5M USD
Shares
790 215
Romano Frederick J
Member of 10% reporting group
Ownership
2.3748%
Market Value
3.8M USD
Shares
393 183
Doornink Ronald
Director
Ownership
1.9364%
Market Value
3.1M USD
Shares
320 607
Doornink Revocable Living Trust, Dated 12/17/96, As Amended
Former 10% Owner
Ownership
1.9273%
Market Value
3M USD
Shares
319 104
Stark Juergen M.
Chief Executive Officer & Pres
Ownership
1.7497%
Market Value
2.8M USD
Shares
289 694
Ronald Doornink 2012 Irrevocable Trust Dated November 30, 2012
Former 10% Owner
Ownership
1.0544%
Market Value
1.7M USD
Shares
174 577
Wolfe Andrew
Director
Ownership
0.5097%
Market Value
806k USD
Shares
84 384
Bonanno Carmine J
Member of 10% Owner Group
Ownership
0.4681%
Market Value
740k USD
Shares
77 500
Keitel William E
Director
Ownership
0.4522%
Market Value
715k USD
Shares
74 868
Hanson John T
CFO, Treasurer and Secretary
Ownership
0.4009%
Market Value
634k USD
Shares
66 378
Ballard Lloyd Gregory
Director
Ownership
0.3825%
Market Value
605k USD
Shares
63 328
Thompson Kelly Ann
Director
Ownership
0.245%
Market Value
387k USD
Shares
40 557
Hung Yie-Hsin
Director
Ownership
0.0607%
Market Value
96k USD
Shares
10 048
Jimenez Terry
Director
Ownership
0.0439%
Market Value
69.4k USD
Shares
7 270
Scherping Katherine Lee
Director
Ownership
0.0337%
Market Value
53.3k USD
Shares
5 576
Wilson Michelle D
Director
Ownership
0.0337%
Market Value
53.3k USD
Shares
5 576
Stech Brian
Director
Ownership
0.0337%
Market Value
53.3k USD
Shares
5 576
Institutions
68.78%
Back

HEAR Insider Trading
Buy and sell transactions by insiders

Turtle Beach Corp insiders have sold more shares than they have bought in the past 12 months.

During the last 12 months Turtle Beach Corp insiders bought 71.4k USD , and sold 99.2k USD worth of shares. The last transaction was made on Dec 1, 2022 by Ballard Lloyd Gregory (Director), who bought 71.4k USD worth of HEAR shares.

Sold
0-3
months
0 USD
0
3-6
months
0 USD
0
6-9
months
30.8k USD
1
9-12
months
68.4k USD
1
Bought
0-3
months
1
71.4k USD
3-6
months
No Insider Transactions
0
0 USD
6-9
months
0
0 USD
9-12
months
0
0 USD
Cumulative Transactions Amount
Period Sold Bought Net
3 Months
N/A
71.4k USD
71.4k
6 Months
N/A
71.4k USD
71.4k
9 Months
30.8k USD
71.4k USD
40.6k
12 Months
99.2k USD
71.4k USD
-27.9k
Purchases
42
Sales
184
Why is insider trading important?

Shareholder Return

HEAR Price
Turtle Beach Corp

1M 1M
+25%
6M 6M
-43%
1Y 1Y
-62%
3Y 3Y
+17%
5Y 5Y
+338%
Annual Price Range
9.55
52w Low
6.38
52w High
25.59
Price Metrics
Average Annual Return 204.26%
Standard Deviation of Annual Returns 369.49%
Max Drawdown -83%

Company Profile

Turtle Beach Corp

Country

United States of America

Industry

Technology

Market Cap

158M USD

Dividend Yield

0%

Description

Turtle Beach Corp. engages in the development, commercialization, and marketing of audio peripherals. The company is headquartered in White Plains, New York and currently employs 272 full-time employees. The company went IPO on 2012-03-22. Turtle Beach is engaged in developing, commercializing, and marketing products under Turtle Beach, ROCCAT and Neat Microphones brands. Turtle Beach is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers (PC), tablets and mobile devices. Turtle Beach under its ROCCAT brand provides keyboards, mice, headsets, mousepads, and other computer accessories. Turtle Beach designs and markets a gaming headsets and audio accessories for Xbox, PlayStation, personal computer (PC), Mac, and mobile/tablet devices. Turtle Beach’s Neat Microphones brand (www.neatmic.com) creates USB and analog microphones for gamers, streamers, professionals and students.

Contact

NEW YORK
White Plains
44 South Broadway, 4Th Floor
+18884968001.0
http://corp.turtlebeach.com/

IPO

2012-03-22

Employees

272

Officers

Chairman, CEO & Pres
Mr. Juergen Stark
CFO, Treasurer & Sec.
Mr. John T. Hanson
Sr. VP of Global Operations
Mr. Jose Rosado
CTO & Sr. VP of Product Devel.
Mr. Joe Stachula
Gen. Counsel
Ms. Megan Wynne
Sr. Director of PR/Communications
MacLean Marshall
Show More
Sr. VP of Global Sales
Mr. Cristopher Keirn
Sr. VP of Global Marketing
Mr. Ryan Dell
Managing Director of EMEA & APAC
Mr. Chris Auty
Sr. VP of Product Management
Mr. Matt Seymour
Show Less

See Also

Similar Stocks
What is the Intrinsic Value of one HEAR stock?

The intrinsic value of one HEAR stock under the Base Case scenario is 12.99 USD.

Is HEAR stock undervalued or overvalued?

Compared to the current market price of 9.55 USD, Turtle Beach Corp is Undervalued by 26%.