How to Buy Turtle Beach Stock
Turtle Beach Corp
Turtle Beach Corporation operates as an audio technology company in North America, Europe, the Middle East, and the Asia Pacific.
Turtle Beach stock last closed at $18.46, up 6.28% from the previous day, and has increased 52.81% in one year. It has overperformed other stocks in the Consumer Electronics industry by 0.74 percentage points. Turtle Beach stock is currently +87.41% from its 52-week low of $9.85, and -4.38% from its 52-week high of $19.31.
There are currently 20.08M shares of TBCH outstanding. The market cap of TBCH is $370.66M. In the past 24 hours, 170,133 TBCH shares were traded.
How to Buy Turtle Beach Stock
Not sure how to invest in Turtle Beach stock? Here's how.
- Choose where to buy Turtle Beach stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you determine where to buy Turtle Beach stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Pick your method of payment and add your info.
- Analyze Turtle Beach stock: The Turtle Beach ticker symbol is TBCH. Is Turtle Beach stock a good investment? Should you buy shares of TBCH? How do TBCH's underlying business fundamentals look? Do top analysts think Turtle Beach is a good buy? Why has TBCH's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if TBCH is a good stock to buy).
- Execute your TBCH trade: Decide if you will purchase TBCH shares at the current market price or use a limit order to purchase TBCH shares at a given price.
- Get the latest news on your investment in TBCH: Create a watchlist to get the latest news on your new investment in Turtle Beach shares.
Step 1: Choose where to buy Turtle Beach stock
You will need a brokerage account in order to access the NASDAQ market and buy TBCH stock.
Our recommended brokerage: eToro
Based on our research, eToro is the best online stock brokerage. eToro gives you:
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- Social investing: eToro boasts a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of top investors.
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Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you are able to invest in TBCH stock today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to create a new trading account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've created your account on investing apps, you need to deposit funds:
Check out the video below if you need help transferring money into your new investment account.
Step 4: Analyze Turtle Beach stock
Once you have decided on the best place to buy Turtle Beach stock, it's important to analyze their stock prior to investing, so you truly understand the risk and upside.
Turtle Beach shares quick numbers
Turtle Beach Overview
WallStreetZen was built to help average investors do better fundamental analysis quickly.
You can see all of the due diligence checks on TBCH's stock page.
Is TBCH stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge TBCH's true value.
Using relative valuations metrics:
- TBCH may be overvalued based on its P/E ratio of 54.29x, relative to Consumer Electronics industry P/E ratio of 37.37x
- TBCH could be undervalued based on its P/B ratio of 3.64x, relative to Consumer Electronics industry P/B ratio of 30.53x
- TBCH may be undervalued based on its PEG ratio of 0.19x
You can do more valuation analysis on TBCH's stock here.
TBCH Financial Overview
Pros:
- There are more short-term assets than short-term liabilities on the TBCH balance sheet.
- TBCH profit margin has gone up from -19.1% to 1.4% in the past year.
- There are more short-term assets than long-term liabilities on the TBCH balance sheet.
- Total TBCH debt is lower than 5 years ago, relative to shareholder equity.
Cons:
- TBCH earnings of $4.39M is not sufficient to cover its interest payments.
- TBCH has a relatively high debt to equity ratio of 2.08.
- TBCH's operating cash flow of $10.55M allows it to safely service it's debt of $104.32M.
Do Wall Street analysts think it's a good time to buy Turtle Beach stock
Out of 3 Wall Street analysts who give ratings on TBCH, the consensus analyst rating on Turtle Beach is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are forecasting on the Turtle Beach stock forecast page.
TBCH Momentum
TBCH Earnings
Last year, TBCH earnings were $4.60M. During the last 5 year, TBCH's earnings have gone up by -26.91% per year. This was slower than the Consumer Electronics industry average of 14.06%.
Last year, TBCH revenue was $326.23M. Over the last 5 year, TBCH's revenue has increased by 5.96% per year. This was slower than the Consumer Electronics industry average of 7.92%.
Find out more about TBCH's earnings and revenue performance here.
What are TBCH insiders up to?
Over the last 12 months, insiders at TBCH have bought more shares than they have sold.
Lloyd Gregory Ballard, Director of TBCH, was the latest TBCH insider to sell. They sold $30,000.00 worth of TBCH shares on Nov 21, 2024.
Learn more about who owns TBCH stock here.
Does TBCH provide a stable income stream?
No, Turtle Beach doesn't provide an income stream by paying out dividends.
What others are saying about TBCH
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your TBCH trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly the easiest way to buy. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Hit the Open button and eToro will execute the order.
If you require additional info about buying stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your investment in TBCH
Now that you own some TBCH shares, you'll want to keep up with your new stock purchase.
Create a watchlist to get notified of the latest news about your TBCH stock.
TBCH Feed
How to Buy Stock in Turtle Beach
To summarize, here are the 6 steps to buy Turtle Beach stock:
- Choose where to buy Turtle Beach stock
- Open a brokerage account
- Fund your brokerage account
- Analyze Turtle Beach stock
- Execute your TBCH trade
- Get the latest news on your investment in TBCH
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest scoop on your new investment in Turtle Beach, create a watchlist on WallStreetZen today.
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