Turtle Beach Corp (NASDAQ: HEAR) suffers from extremely meaningful negative changes in investment behavior: negative upside/downside volume developed, and its shorter term price trend turned down.
Recent significant negative changes in fundamentals have impacted Turtle Beach Corp (NASDAQ: HEAR): the consensus estimate for December, 2025 decreased significantly, and significant quarterly earnings deceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HEAR is expected to be a major Value Builder.
Turtle Beach has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Turtle Beach has a slightly negative Appreciation Score of 31 but a very high Power Rating of 97, and the Positive Value Trend Rating results.
Recent Price Action
On 5/30/24, Turtle Beach Corp (NASDAQ: HEAR) stock declined slightly by -0.6%, closing at $16.88. However, unusually low trading volume at 53% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 3.6% during the last week.
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