Turtle Beach Corporation HEAR is a leading gaming audio and accessory provider that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on HEAR’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Turtle Beach could be a solid choice for investors.
Current Quarter Estimates for HEAR
In the past 30 days, two estimates have gone higher for Turtle Beach while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates moving from a loss of 29 cents a share 30 days ago, to earnings of 29 cents today, a significant increase.
Current Year Estimates for HEAR
Meanwhile, Turtle Beach’s current year figures are also looking quite promising, with two estimates moving higher in the past month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, increasing from a cent per share 30 days ago to 56 cents per share today, a significant increase.
Turtle Beach Corporation Price and Consensus
Turtle Beach Corporation price-consensus-chart | Turtle Beach Corporation Quote
The stock has also started to move higher lately, adding 57.3% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
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Turtle Beach Corporation (HEAR) : Free Stock Analysis Report
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