Headlines about Turtle Beach Corporation (NASDAQ:HEAR) have trended somewhat positive on Saturday, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Turtle Beach Corporation earned a news impact score of 0.16 on Accern’s scale. Accern also gave news articles about the communications equipment provider an impact score of 45.4923644308557 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media stories that may have effected Accern’s scoring:
- Turtle Beach Corp. :HEAR-US: Earnings Analysis: Q2, 2017 By the Numbers : August 17, 2017 (finance.yahoo.com)
- Watching the Numbers on Shares of Turtle Beach Corp (HEAR) – Wall Street Review (thewallstreetreview.com)
- Turtle Beach Corporation (HEAR) Upgraded to Buy by Zacks Investment Research (americanbankingnews.com)
- Honing in on Shares of Turtle Beach Corporation (NASDAQ:HEAR … – FLBC News (flbcnews.com)
- Q4 2018 EPS Estimates for Turtle Beach Corporation (HEAR) Boosted by Oppenheimer Holdings (americanbankingnews.com)
Shares of Turtle Beach Corporation (NASDAQ HEAR) traded up 4.081% on Friday, reaching $0.635. The company’s stock had a trading volume of 102,292 shares. The stock’s market capitalization is $31.36 million. The company has a 50 day moving average of $0.72 and a 200 day moving average of $0.87. Turtle Beach Corporation has a 1-year low of $0.61 and a 1-year high of $2.00.
Turtle Beach Corporation (NASDAQ:HEAR) last posted its earnings results on Thursday, August 10th. The communications equipment provider reported ($0.14) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.03. The company had revenue of $19.11 million for the quarter, compared to analyst estimates of $17.54 million. Turtle Beach Corporation had a negative return on equity of 830.32% and a negative net margin of 32.19%. Equities research analysts expect that Turtle Beach Corporation will post ($0.07) earnings per share for the current fiscal year.
HEAR has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Turtle Beach Corporation from a “hold” rating to a “buy” rating and set a $0.75 target price on the stock in a research report on Tuesday. B. Riley reiterated a “neutral” rating and set a $1.30 target price on shares of Turtle Beach Corporation in a research report on Sunday, July 23rd.
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Turtle Beach Corporation Company Profile
Turtle Beach Corporation is an audio technology company. The Company is engaged in developing, commercializing and marketing products under the Turtle Beach and HyperSound brands. The Company operates through two segments: Voyetra Turtle Beach (Headset) and HyperSound. Turtle Beach is a provider of headset solutions for use across multiple platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets and mobile devices.
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