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Turtle Beach Corporation
Buy, Hold or Sell?

Let's analyse Corp together

PenkeI guess you are interested in Turtle Beach Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Turtle Beach Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Corp (30 sec.)










What can you expect buying and holding a share of Corp? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€3.80
Expected worth in 1 year
€3.62
How sure are you?
52.2%

+ What do you gain per year?

Total Gains per Share
€-0.17
Return On Investment
-1.1%

For what price can you sell your share?

Current Price per Share
€15.30
Expected price per share
€10.07 - €17.70
How sure are you?
50%

1. Valuation of Corp (5 min.)




Live pricePrice per Share (EOD)

€15.30

Intrinsic Value Per Share

€2.15 - €2.73

Total Value Per Share

€5.94 - €6.53

2. Growth of Corp (5 min.)




Is Corp growing?

Current yearPrevious yearGrowGrow %
How rich?$85m$113.5m-$34.4m-43.6%

How much money is Corp making?

Current yearPrevious yearGrowGrow %
Making money-$4.4m-$14.8m$10.4m236.8%
Net Profit Margin-10.9%-25.9%--

How much money comes from the company's main activities?

3. Financial Health of Corp (5 min.)




4. Comparing to competitors in the Consumer Electronics industry (5 min.)




  Industry Rankings (Consumer Electronics)  


Richest
#77 / 129

Most Revenue
#77 / 129

Most Profit
#99 / 129

What can you expect buying and holding a share of Corp? (5 min.)

Welcome investor! Corp's management wants to use your money to grow the business. In return you get a share of Corp.

What can you expect buying and holding a share of Corp?

First you should know what it really means to hold a share of Corp. And how you can make/lose money.

Speculation

The Price per Share of Corp is €15.30. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Corp.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Corp, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €3.80. Based on the TTM, the Book Value Change Per Share is €-0.04 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.58 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Corp.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.412.7%-0.32-2.1%-0.71-4.6%-0.03-0.2%0.030.2%
Usd Book Value Change Per Share0.603.9%-0.05-0.3%-0.62-4.1%0.090.6%0.181.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.603.9%-0.05-0.3%-0.62-4.1%0.090.6%0.181.1%
Usd Price Per Share10.37-9.99-11.79-14.16-14.53-
Price to Earnings Ratio6.38--3.39--6.24-6.46-4.20-
Price-to-Total Gains Ratio17.23--41.67--30.79--361.00--308.92-
Price to Book Ratio2.57-2.67-2.10-3.33-7.40-
Price-to-Total Gains Ratio17.23--41.67--30.79--361.00--308.92-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share16.28226
Number of shares61
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.050.09
Usd Total Gains Per Share-0.050.09
Gains per Quarter (61 shares)-2.805.76
Gains per Year (61 shares)-11.2023.02
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-11-2102313
20-22-3204636
30-34-4306959
40-45-5409282
50-56-650115105
60-67-760138128
70-78-870161151
80-90-980184174
90-101-1090207197
100-112-1200230220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.03.00.025.0%5.07.00.041.7%10.010.00.050.0%12.011.00.052.2%12.011.00.052.2%
Book Value Change Per Share1.03.00.025.0%4.08.00.033.3%9.011.00.045.0%12.011.00.052.2%12.011.00.052.2%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.020.00.0%0.00.023.00.0%0.00.023.00.0%
Total Gains per Share1.03.00.025.0%4.08.00.033.3%9.011.00.045.0%12.011.00.052.2%12.011.00.052.2%

Fundamentals of Corp

About Turtle Beach Corporation

Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, handheld consoles, personal computers, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, and other accessories for the personal computer peripherals market under the ROCCAT brand. In addition, it provides game controllers, and gaming flight simulation and racing simulation accessories, as well as USB and analog microphones for gamers, streamers, professionals, and students. The company serves retailers and distributors. Turtle Beach Corporation was founded in 1975 and is headquartered in White Plains, New York.

Fundamental data was last updated by Penke on 2024-04-05 07:00:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Turtle Beach Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Corp earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • A Net Profit Margin of 8.6% means that €0.09 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Turtle Beach Corporation:

  • The MRQ is 8.6%. The company is making a profit. +1
  • The TTM is -10.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ8.6%TTM-10.9%+19.5%
TTM-10.9%YOY-25.9%+14.9%
TTM-10.9%5Y-4.3%-6.6%
5Y-4.3%10Y-2.4%-1.9%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ8.6%1.5%+7.1%
TTM-10.9%1.5%-12.4%
YOY-25.9%2.6%-28.5%
5Y-4.3%2.2%-6.5%
10Y-2.4%1.9%-4.3%
1.1.2. Return on Assets

Shows how efficient Corp is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • 5.7% Return on Assets means that Corp generated €0.06 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Turtle Beach Corporation:

  • The MRQ is 5.7%. Using its assets, the company is efficient in making profit. +1
  • The TTM is -3.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ5.7%TTM-3.1%+8.9%
TTM-3.1%YOY-8.0%+4.8%
TTM-3.1%5Y-0.1%-3.0%
5Y-0.1%10Y0.9%-1.0%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ5.7%0.7%+5.0%
TTM-3.1%0.6%-3.7%
YOY-8.0%1.0%-9.0%
5Y-0.1%0.8%-0.9%
10Y0.9%0.8%+0.1%
1.1.3. Return on Equity

Shows how efficient Corp is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • 10.1% Return on Equity means Corp generated €0.10 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Turtle Beach Corporation:

  • The MRQ is 10.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is -6.1%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ10.1%TTM-6.1%+16.1%
TTM-6.1%YOY-14.2%+8.1%
TTM-6.1%5Y-0.2%-5.9%
5Y-0.2%10Y4.9%-5.1%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ10.1%1.7%+8.4%
TTM-6.1%1.2%-7.3%
YOY-14.2%2.4%-16.6%
5Y-0.2%2.0%-2.2%
10Y4.9%2.3%+2.6%

1.2. Operating Efficiency of Turtle Beach Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Corp is operating .

  • Measures how much profit Corp makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Turtle Beach Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-7.5%+7.5%
TTM-7.5%YOY-26.7%+19.1%
TTM-7.5%5Y-2.7%-4.9%
5Y-2.7%10Y0.2%-2.9%
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ-1.5%-1.5%
TTM-7.5%1.4%-8.9%
YOY-26.7%3.7%-30.4%
5Y-2.7%3.4%-6.1%
10Y0.2%2.9%-2.7%
1.2.2. Operating Ratio

Measures how efficient Corp is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • An Operation Ratio of 1.60 means that the operating costs are €1.60 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Turtle Beach Corporation:

  • The MRQ is 1.597. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.818. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.597TTM1.818-0.222
TTM1.818YOY2.048-0.230
TTM1.8185Y1.734+0.085
5Y1.73410Y1.694+0.040
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5971.680-0.083
TTM1.8181.646+0.172
YOY2.0481.627+0.421
5Y1.7341.587+0.147
10Y1.6941.432+0.262

1.3. Liquidity of Turtle Beach Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Corp is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Consumer Electronics industry mean).
  • A Current Ratio of 2.22 means the company has €2.22 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Turtle Beach Corporation:

  • The MRQ is 2.216. The company is able to pay all its short-term debts. +1
  • The TTM is 2.071. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.216TTM2.071+0.145
TTM2.071YOY2.245-0.174
TTM2.0715Y2.043+0.028
5Y2.04310Y1.992+0.051
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ2.2161.606+0.610
TTM2.0711.548+0.523
YOY2.2451.547+0.698
5Y2.0431.648+0.395
10Y1.9921.558+0.434
1.3.2. Quick Ratio

Measures if Corp is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • A Quick Ratio of 0.97 means the company can pay off €0.97 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Turtle Beach Corporation:

  • The MRQ is 0.966. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 0.561. The company is just not able to pay all its short-term debts with the most liquid assets. -1
Trends
Current periodCompared to+/- 
MRQ0.966TTM0.561+0.405
TTM0.561YOY0.327+0.234
TTM0.5615Y0.452+0.109
5Y0.45210Y0.477-0.025
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9660.630+0.336
TTM0.5610.630-0.069
YOY0.3270.699-0.372
5Y0.4520.788-0.336
10Y0.4770.793-0.316

1.4. Solvency of Turtle Beach Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Corp assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Corp to Consumer Electronics industry mean.
  • A Debt to Asset Ratio of 0.43 means that Corp assets are financed with 43.3% credit (debt) and the remaining percentage (100% - 43.3%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Turtle Beach Corporation:

  • The MRQ is 0.433. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.465. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.433TTM0.465-0.032
TTM0.465YOY0.422+0.043
TTM0.4655Y0.459+0.006
5Y0.45910Y0.502-0.043
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4330.499-0.066
TTM0.4650.508-0.043
YOY0.4220.522-0.100
5Y0.4590.516-0.057
10Y0.5020.532-0.030
1.4.2. Debt to Equity Ratio

Measures if Corp is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Corp to the Consumer Electronics industry mean.
  • A Debt to Equity ratio of 76.3% means that company has €0.76 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Turtle Beach Corporation:

  • The MRQ is 0.763. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.884. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.763TTM0.884-0.121
TTM0.884YOY0.749+0.135
TTM0.8845Y0.897-0.013
5Y0.89710Y1.879-0.982
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7630.983-0.220
TTM0.8840.978-0.094
YOY0.7491.096-0.347
5Y0.8971.075-0.178
10Y1.8791.082+0.797

2. Market Valuation of Turtle Beach Corporation

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Corp generates.

  • Above 15 is considered overpriced but always compare Corp to the Consumer Electronics industry mean.
  • A PE ratio of 6.38 means the investor is paying €6.38 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Turtle Beach Corporation:

  • The EOD is 10.021. Based on the earnings, the company is underpriced. +1
  • The MRQ is 6.383. Based on the earnings, the company is cheap. +2
  • The TTM is -3.390. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD10.021MRQ6.383+3.638
MRQ6.383TTM-3.390+9.773
TTM-3.390YOY-6.243+2.852
TTM-3.3905Y6.464-9.854
5Y6.46410Y4.205+2.260
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD10.0218.226+1.795
MRQ6.3838.929-2.546
TTM-3.3907.287-10.677
YOY-6.24312.009-18.252
5Y6.46415.051-8.587
10Y4.20520.690-16.485
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Turtle Beach Corporation:

  • The EOD is 4.543. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 2.893. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is -2.636. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD4.543MRQ2.893+1.649
MRQ2.893TTM-2.636+5.530
TTM-2.636YOY-2.528-0.108
TTM-2.6365Y-5.634+2.997
5Y-5.63410Y-4.899-0.735
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD4.5434.455+0.088
MRQ2.8933.597-0.704
TTM-2.6360.523-3.159
YOY-2.528-0.996-1.532
5Y-5.6340.669-6.303
10Y-4.8991.158-6.057
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Corp is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Consumer Electronics industry mean).
  • A PB ratio of 2.57 means the investor is paying €2.57 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Turtle Beach Corporation:

  • The EOD is 4.029. Based on the equity, the company is fair priced.
  • The MRQ is 2.566. Based on the equity, the company is underpriced. +1
  • The TTM is 2.674. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD4.029MRQ2.566+1.463
MRQ2.566TTM2.674-0.108
TTM2.674YOY2.100+0.575
TTM2.6745Y3.325-0.651
5Y3.32510Y7.400-4.074
Compared to industry (Consumer Electronics)
PeriodCompanyIndustry (mean)+/- 
EOD4.0291.636+2.393
MRQ2.5661.614+0.952
TTM2.6741.581+1.093
YOY2.1001.735+0.365
5Y3.3251.948+1.377
10Y7.4002.465+4.935
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Turtle Beach Corporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.566-0.043+108%-0.585+203%0.089+538%0.165+243%
Book Value Per Share--3.7973.529+8%5.069-25%4.117-8%3.723+2%
Current Ratio--2.2162.071+7%2.245-1%2.043+9%1.992+11%
Debt To Asset Ratio--0.4330.465-7%0.422+2%0.459-6%0.502-14%
Debt To Equity Ratio--0.7630.884-14%0.749+2%0.897-15%1.879-59%
Dividend Per Share----0%-0%-0%-0%
Eps--0.382-0.300+179%-0.664+274%-0.027+107%0.033+1072%
Free Cash Flow Per Share--0.8420.292+189%-0.467+155%0.066+1172%0.066+1172%
Free Cash Flow To Equity Per Share--0.2740.307-11%-0.247+190%0.104+163%0.104+163%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--2.728--------
Intrinsic Value_10Y_min--2.147--------
Intrinsic Value_1Y_max---0.236--------
Intrinsic Value_1Y_min---0.232--------
Intrinsic Value_3Y_max---0.322--------
Intrinsic Value_3Y_min---0.315--------
Intrinsic Value_5Y_max--0.061--------
Intrinsic Value_5Y_min--0.024--------
Market Cap322130790.000+36%205174153.500197589341.925+4%233276380.425-12%280182202.680-27%287466258.157-29%
Net Profit Margin--0.086-0.109+227%-0.259+401%-0.043+150%-0.024+128%
Operating Margin----0.0750%-0.2670%-0.0270%0.002-100%
Operating Ratio--1.5971.818-12%2.048-22%1.734-8%1.694-6%
Pb Ratio4.029+36%2.5662.674-4%2.100+22%3.325-23%7.400-65%
Pe Ratio10.021+36%6.383-3.390+153%-6.243+198%6.464-1%4.205+52%
Price Per Share15.300+36%9.7459.385+4%11.080-12%13.308-27%13.654-29%
Price To Free Cash Flow Ratio4.543+36%2.893-2.636+191%-2.528+187%-5.634+295%-4.899+269%
Price To Total Gains Ratio27.046+36%17.226-41.675+342%-30.788+279%-361.000+2196%-308.920+1893%
Quick Ratio--0.9660.561+72%0.327+195%0.452+114%0.477+103%
Return On Assets--0.057-0.031+155%-0.080+240%-0.001+103%0.009+553%
Return On Equity--0.101-0.061+161%-0.142+241%-0.002+102%0.049+105%
Total Gains Per Share--0.566-0.043+108%-0.585+203%0.089+538%0.165+243%
Usd Book Value--85079445.11379076772.601+8%113574514.038-25%92241200.936-8%83416049.482+2%
Usd Book Value Change Per Share--0.602-0.046+108%-0.623+203%0.094+538%0.176+243%
Usd Book Value Per Share--4.0413.756+8%5.394-25%4.381-8%3.962+2%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps--0.406-0.319+179%-0.707+274%-0.029+107%0.035+1072%
Usd Free Cash Flow--18865542.1806534437.794+189%-10461800.664+155%1186484.099+1490%1031725.303+1729%
Usd Free Cash Flow Per Share--0.8960.310+189%-0.497+155%0.070+1172%0.070+1172%
Usd Free Cash Flow To Equity Per Share--0.2920.327-11%-0.263+190%0.111+163%0.111+163%
Usd Market Cap342811586.718+36%218346334.155210274577.677+4%248252724.048-12%298169900.092-27%305921591.930-29%
Usd Price Per Share16.282+36%10.3719.987+4%11.791-12%14.162-27%14.530-29%
Usd Profit--8552245.784-4419877.024+152%-14886927.838+274%-140704.044+102%1130641.189+656%
Usd Revenue--99540860.72264532354.607+54%60043225.593+66%72971997.155+36%74173827.347+34%
Usd Total Gains Per Share--0.602-0.046+108%-0.623+203%0.094+538%0.176+243%
 EOD+4 -4MRQTTM+27 -5YOY+20 -125Y+25 -710Y+27 -6

3.2. Fundamental Score

Let's check the fundamental score of Turtle Beach Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1510.021
Price to Book Ratio (EOD)Between0-14.029
Net Profit Margin (MRQ)Greater than00.086
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.966
Current Ratio (MRQ)Greater than12.216
Debt to Asset Ratio (MRQ)Less than10.433
Debt to Equity Ratio (MRQ)Less than10.763
Return on Equity (MRQ)Greater than0.150.101
Return on Assets (MRQ)Greater than0.050.057
Total6/10 (60.0%)

3.3. Technical Score

Let's check the technical score of Turtle Beach Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.337
Ma 20Greater thanMa 5015.463
Ma 50Greater thanMa 10012.469
Ma 100Greater thanMa 20011.159
OpenGreater thanClose15.300
Total4/5 (80.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-12-312023-03-312023-06-302023-09-302023-12-31
Income before Tax  -5,985-382-6,366-8,644-15,01112,093-2,91810,9178,000
Net Income  -21,83215,531-6,301-8,659-14,96011,571-3,38911,4258,036
Operating Income  -5,851-250-6,101-8,740-14,84112,475-2,36510,2207,855
Net Income from Continuing Operations  -21,83215,531-6,301-8,659-14,96011,571-3,38911,4258,036



Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets149,967
Total Liabilities64,890
Total Stockholder Equity85,077
 As reported
Total Liabilities 64,890
Total Stockholder Equity+ 85,077
Total Assets = 149,967

Assets

Total Assets149,967
Total Current Assets124,855
Long-term Assets25,112
Total Current Assets
Cash And Cash Equivalents 18,726
Net Receivables 54,390
Inventory 44,019
Other Current Assets 7,720
Total Current Assets  (as reported)124,855
Total Current Assets  (calculated)124,855
+/-0
Long-term Assets
Property Plant Equipment 4,824
Goodwill 10,686
Intangible Assets 1,734
Long-term Assets Other 7,868
Long-term Assets  (as reported)25,112
Long-term Assets  (calculated)25,112
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities56,332
Long-term Liabilities8,558
Total Stockholder Equity85,077
Total Current Liabilities
Accounts payable 26,908
Total Current Liabilities  (as reported)56,332
Total Current Liabilities  (calculated)26,908
+/- 29,424
Long-term Liabilities
Long-term Liabilities Other 7,012
Long-term Liabilities  (as reported)8,558
Long-term Liabilities  (calculated)7,012
+/- 1,546
Total Stockholder Equity
Total Stockholder Equity (as reported)85,077
Total Stockholder Equity (calculated)0
+/- 85,077
Other
Capital Stock18
Common Stock Shares Outstanding 17,532
Net Invested Capital 85,077
Net Working Capital 68,523
Property Plant and Equipment Gross 35,740



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-12-312023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-30
> Total Assets 
82,180
119,523
121,920
81,925
101,825
130,597
131,351
95,734
140,495
201,531
203,453
207,405
222,753
236,278
230,505
208,050
196,954
217,284
163,387
146,512
139,538
156,303
149,967
149,967156,303139,538146,512163,387217,284196,954208,050230,505236,278222,753207,405203,453201,531140,49595,734131,351130,597101,82581,925121,920119,52382,180
   > Total Current Assets 
76,923
113,715
113,816
71,882
77,686
108,037
102,547
65,598
113,399
168,994
169,976
169,156
185,571
194,940
193,112
168,709
153,728
171,465
135,180
118,850
112,799
130,955
124,855
124,855130,955112,799118,850135,180171,465153,728168,709193,112194,940185,571169,156169,976168,994113,39965,598102,547108,03777,68671,882113,816113,71576,923
       Cash And Cash Equivalents 
9,108
6,178
7,078
10,156
3,446
7,037
8,249
8,733
21,206
27,265
46,681
62,965
56,197
28,058
37,720
23,700
10,877
10,505
11,396
20,573
15,787
12,340
18,726
18,72612,34015,78720,57311,39610,50510,87723,70037,72028,05856,19762,96546,68127,26521,2068,7338,2497,0373,44610,1567,0786,1789,108
       Net Receivables 
34,582
28,995
52,797
12,461
18,402
28,468
44,530
12,402
37,007
53,825
43,867
32,370
28,025
36,989
35,953
11,814
8,551
30,139
43,336
23,955
20,254
33,816
54,390
54,39033,81620,25423,95543,33630,1398,55111,81435,95336,98928,02532,37043,86753,82537,00712,40244,53028,46818,40212,46152,79728,99534,582
       Inventory 
28,043
73,348
49,472
44,480
50,420
67,032
45,711
39,291
44,953
79,453
71,301
59,136
81,931
113,288
101,933
117,422
120,694
118,439
71,252
65,214
67,831
76,024
44,019
44,01976,02467,83165,21471,252118,439120,694117,422101,933113,28881,93159,13671,30179,45344,95339,29145,71167,03250,42044,48049,47273,34828,043
   > Long-term Assets 
0
0
0
10,043
24,140
22,560
28,804
30,137
27,097
32,537
33,477
38,249
37,182
41,337
37,394
39,341
43,226
45,819
28,207
27,662
26,739
25,348
25,112
25,11225,34826,73927,66228,20745,81943,22639,34137,39441,33737,18238,24933,47732,53727,09730,13728,80422,56024,14010,043000
       Property Plant Equipment 
2,839
4,019
5,856
8,161
8,751
7,530
5,732
5,579
5,802
10,301
12,340
11,860
12,248
15,194
14,367
14,393
13,763
5,435
6,362
6,144
5,691
4,828
4,824
4,8244,8285,6916,1446,3625,43513,76314,39314,36715,19412,24811,86012,34010,3015,8025,5795,7327,5308,7518,1615,8564,0192,839
       Goodwill 
0
0
0
0
5,940
9,096
8,515
8,515
8,178
8,178
8,178
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,686
10,68610,68610,68610,68610,68610,68610,68610,68610,68610,68610,68610,6868,1788,1788,1788,5158,5159,0965,9400000
       Intangible Assets 
1,196
1,091
1,036
997
8,325
4,836
6,011
5,741
5,518
5,325
5,138
6,760
6,442
6,106
5,789
5,464
5,126
4,793
2,612
2,471
2,238
1,976
1,734
1,7341,9762,2382,4712,6124,7935,1265,4645,7896,1066,4426,7605,1385,3255,5185,7416,0114,8368,3259971,0361,0911,196
       Long-term Assets Other 
0
0
0
3,831
4,158
3,719
2,877
2,563
2,370
6,230
6,640
6,380
6,090
8,631
8,065
8,669
8,261
7,846
8,547
8,361
8,124
7,858
7,868
7,8687,8588,1248,3618,5477,8468,2618,6698,0658,6316,0906,3806,6406,2302,3702,5632,8773,7194,1583,831000
> Total Liabilities 
77,206
96,098
76,576
34,517
57,417
88,991
67,964
35,751
71,034
105,795
87,054
80,283
89,061
102,661
89,136
71,688
77,301
107,955
74,446
61,748
65,483
83,901
64,890
64,89083,90165,48361,74874,446107,95577,30171,68889,136102,66189,06180,28387,054105,79571,03435,75167,96488,99157,41734,51776,57696,09877,206
   > Total Current Liabilities 
44,412
67,918
73,597
29,653
52,567
84,540
64,588
32,590
68,025
98,131
78,651
71,772
80,744
91,541
78,168
60,284
66,193
97,461
64,332
51,910
55,844
74,473
56,332
56,33274,47355,84451,91064,33297,46166,19360,28478,16891,54180,74471,77278,65198,13168,02532,59064,58884,54052,56729,65373,59767,91844,412
       Short-term Debt 
375
750
0
1,361
10,802
26,561
15,655
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
000000000000000015,65526,56110,8021,3610750375
       Short Long Term Debt 
375
750
0
1,361
10,802
26,561
15,655
301
0
0
0
0
0
0
0
0
15,707
44,618
19,053
0
0
13,261
0
013,2610019,05344,61815,7070000000030115,65526,56110,8021,3610750375
       Accounts payable 
29,976
49,014
17,724
13,073
22,116
37,490
22,511
11,503
41,694
63,699
42,529
27,761
47,909
55,526
40,475
32,899
31,030
29,719
19,846
21,887
34,036
39,198
26,908
26,90839,19834,03621,88719,84629,71931,03032,89940,47555,52647,90927,76142,52963,69941,69411,50322,51137,49022,11613,07317,72449,01429,976
       Other Current Liabilities 
0
0
0
0
1,711
1,592
3,246
1,340
2,003
0
6,709
12,172
2,950
2,834
4,315
0
718
10,151
4,159
30,023
21,808
0
0
0021,80830,0234,15910,15171804,3152,8342,95012,1726,70902,0031,3403,2461,5921,7110000
   > Long-term Liabilities 
0
0
0
4,864
4,850
4,451
3,376
3,161
3,009
7,664
8,403
8,511
8,317
11,120
10,968
11,404
11,108
10,494
10,114
9,838
9,639
9,428
8,558
8,5589,4289,6399,83810,11410,49411,10811,40410,96811,1208,3178,5118,4037,6643,0093,1613,3764,4514,8504,864000
       Capital Lease Obligations 
0
0
0
0
0
0
0
0
926
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0000000000000092600000000
       Long-term Liabilities Other 
0
0
0
4,677
4,663
4,264
3,223
3,021
1,943
7,524
8,275
5,079
4,989
7,322
7,194
7,630
7,334
6,968
8,038
7,703
7,443
7,224
7,012
7,0127,2247,4437,7038,0386,9687,3347,6307,1947,3224,9895,0798,2757,5241,9433,0213,2234,2644,6634,677000
> Total Stockholder Equity
4,974
12,458
37,496
47,408
44,408
41,606
63,387
59,983
69,461
95,736
116,399
127,122
133,692
133,617
141,369
136,362
119,653
109,329
88,941
84,764
74,055
72,402
85,077
85,07772,40274,05584,76488,941109,329119,653136,362141,369133,617133,692127,122116,39995,73669,46159,98363,38741,60644,40847,40837,49612,4584,974
   Common Stock
14
14
14
14
14
15
14
15
15
15
15
16
16
16
16
16
17
17
17
0
17
0
0
0017017171716161616161515151514151414141414
   Retained Earnings Total Equity00000000000000000000000
   Accumulated Other Comprehensive Income 00000000000000000000000
   Capital Surplus 00000000000000000000000
   Treasury Stock00000000000000000000000
   Other Stockholders Equity 
-318
-399
-476
-311
-469
-799
116
-703
-816
-268
589
-122
683
223
127
-302
-1,392
-2,004
-1,394
0
-984
0
0
00-9840-1,394-2,004-1,392-302127223683-122589-268-816-703116-799-469-311-476-399-318



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue258,122
Cost of Revenue-182,618
Gross Profit75,50475,504
 
Operating Income (+$)
Gross Profit75,504
Operating Expense-274,565
Operating Income-16,443-199,061
 
Operating Expense (+$)
Research Development17,137
Selling General Administrative74,810
Selling And Marketing Expenses-
Operating Expense274,56591,947
 
Net Interest Income (+$)
Interest Income-
Interest Expense-504
Other Finance Cost-0
Net Interest Income-504
 
Pretax Income (+$)
Operating Income-16,443
Net Interest Income-504
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-17,341-16,049
EBIT - interestExpense = -504
-17,679
-17,175
Interest Expense504
Earnings Before Interest and Taxes (EBIT)--16,837
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-17,341
Tax Provision-338
Net Income From Continuing Ops-17,679-17,679
Net Income-17,679
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-394504
 

Technical Analysis of Corp
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Corp. The general trend of Corp is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Corp's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Turtle Beach Corporation.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 16.40 < 17.70.

The bearish price targets are: 13.75 > 11.84 > 10.07.

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Turtle Beach Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Turtle Beach Corporation. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Turtle Beach Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Turtle Beach Corporation. The current macd is 0.84108118.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Corp price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Corp. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Corp price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Turtle Beach Corporation Daily Moving Average Convergence/Divergence (MACD) ChartTurtle Beach Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Turtle Beach Corporation. The current adx is 37.13.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Corp shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Turtle Beach Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Turtle Beach Corporation. The current sar is 16.06.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Turtle Beach Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Turtle Beach Corporation. The current rsi is 59.34. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 2/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending down: The RSI is trending down. -1
Turtle Beach Corporation Daily Relative Strength Index (RSI) ChartTurtle Beach Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Turtle Beach Corporation. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Corp price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
Turtle Beach Corporation Daily Stochastic Oscillator ChartTurtle Beach Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Turtle Beach Corporation. The current cci is -19.34337097.

Turtle Beach Corporation Daily Commodity Channel Index (CCI) ChartTurtle Beach Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Turtle Beach Corporation. The current cmo is 10.22.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Turtle Beach Corporation Daily Chande Momentum Oscillator (CMO) ChartTurtle Beach Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Turtle Beach Corporation. The current willr is -52.38095238.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Corp is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Turtle Beach Corporation Daily Williams %R ChartTurtle Beach Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Turtle Beach Corporation.

Turtle Beach Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Turtle Beach Corporation. The current atr is 0.47052862.

Turtle Beach Corporation Daily Average True Range (ATR) ChartTurtle Beach Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Turtle Beach Corporation. The current obv is 285.00.

Turtle Beach Corporation Daily On-Balance Volume (OBV) ChartTurtle Beach Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Turtle Beach Corporation. The current mfi is 46.27.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Turtle Beach Corporation Daily Money Flow Index (MFI) ChartTurtle Beach Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Turtle Beach Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-22 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-24 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-28 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-12 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-20 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-03 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-04 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-16 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-24 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-26 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-31 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-13 00:00:00BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-14 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-19 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-22 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-26 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-04 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-05 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-06 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-13 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-22 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-25 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-26 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-04-02 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-05 00:00:00RSI SHORT ENTRY LONG CLOSE70 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-08 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-04-09 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-04-10 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-12 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

Turtle Beach Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Turtle Beach Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5059.337
Ma 20Greater thanMa 5015.463
Ma 50Greater thanMa 10012.469
Ma 100Greater thanMa 20011.159
OpenGreater thanClose15.300
Total4/5 (80.0%)
Penke

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