Turtle Beach Corporation (HEAR) Getting Somewhat Positive Media Coverage, Study Shows
Media coverage about Turtle Beach Corporation (NASDAQ:HEAR) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Turtle Beach Corporation earned a news impact score of 0.13 on Accern’s scale. Accern also assigned headlines about the communications equipment provider an impact score of 45.5195644935644 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Several equities research analysts have recently commented on HEAR shares. ValuEngine cut Turtle Beach Corporation from a “sell” rating to a “strong sell” rating in a research note on Friday, September 1st. Zacks Investment Research lowered Turtle Beach Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Finally, B. Riley reiterated a “neutral” rating and set a $1.30 target price on shares of Turtle Beach Corporation in a report on Sunday, July 23rd.
Shares of Turtle Beach Corporation (NASDAQ:HEAR) opened at 0.80 on Friday. The firm’s market cap is $39.51 million. Turtle Beach Corporation has a 52-week low of $0.56 and a 52-week high of $2.00. The company has a 50 day moving average price of $0.75 and a 200-day moving average price of $0.78.
Turtle Beach Corporation (NASDAQ:HEAR) last posted its earnings results on Thursday, August 10th. The communications equipment provider reported ($0.14) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.03. The firm had revenue of $19.11 million for the quarter, compared to the consensus estimate of $17.54 million. On average, analysts expect that Turtle Beach Corporation will post ($0.07) earnings per share for the current fiscal year.
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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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