Turtle Beach Corp (NASDAQ: HEAR) stock closed at $9.80 on 11/8/23 after a major increase of 12.6%. The stock has been strong relative to the market over the last nine months and has risen 18.8% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be in line with the cost of capital, HEAR is expected to be Value Creation neutral.
Turtle Beach has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Turtle Beach has a poor Appreciation Score of 16 but a good Power Rating of 79, producing the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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