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Is Turtle Beach Corp (HEAR) Stock Over or Undervalued?

Tuesday, July 19, 2022 03:20 PM | InvestorsObserver Analysts
Is Turtle Beach Corp (HEAR) Stock Over or Undervalued?

Turtle Beach Corp (HEAR) receives a strong valuation score of 93 from InvestorsObserver analysis. Our proprietary scoring system considers the overall health of the company by looking at the stock's price, earnings, and growth rate to determine if it represents a good value. HEAR holds a better value than 93% of stocks at its current price. Investors who are focused on long-term growth through buy-and-hold investing will find the Valuation Rank especially relevant when allocating their assets.

Valuation Rank - 93
HEAR gets a 93 Valuation Rank today. Find out what this means to you and get the rest of the rankings on HEAR!

Metrics Analysis

HEAR has a trailing twelve month Price to Earnings (PE) ratio of 163.1 which places it above the histroical average of roughly 15. HEAR is currently trading at a poor value due to investors paying more than what the stock is worth in relation to its earnings. HEAR's trailing-12-month earnings per share (EPS) of 0.08 does not justify its share price in the market. Trailing PE ratios do not factor in the company's projected growth rate, thus, some firms will have high PE ratios caused by high growth recruiting more investors even if the underlying company has produced low earnings so far.
HEAR has a 12 month forward PE to Growth (PEG) ratio of 0.92. Markets are overvaluing HEAR in relation to its projected growth as its PEG ratio is currently above the fair market value of 1. 0.079999998's PEG comes from its forward price to earnings ratio being divided by its growth rate. PEG ratios are one of the most used valuation metrics due to its incorporation of more company fundamentals metrics and a focus on the firm's future rather than its past.

Summary

All together these valuation metrics paint a pretty adequate picture for HEAR at its current price due to a fairly valued PEG ratio despite strong growth. The PE and PEG for HEAR are around the average of the market resulting in a valuation score of 93. Click Here to get the full Report on Turtle Beach Corp (HEAR) stock.

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