Turtle Beach (LTS:0ZNF) 3-Month Share Buyback Ratio : 0.58% (As of Dec. 2024 )

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What is Turtle Beach 3-Month Share Buyback Ratio?

Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.

3-Month Share Buyback Ratio measures the proportion of a company's outstanding shares repurchased over the past three months, calculated as the percentage change in shares outstanding from the previous quarter to the current quarter. A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance. Turtle Beach's current 3-Month Share Buyback Ratio was 0.58%.

Competitive Comparison of Turtle Beach's 3-Month Share Buyback Ratio

For the Consumer Electronics subindustry, Turtle Beach's 3-Month Share Buyback Ratio, along with its competitors' market caps and 3-Month Share Buyback Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Turtle Beach's 3-Month Share Buyback Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Turtle Beach's 3-Month Share Buyback Ratio distribution charts can be found below:

* The bar in red indicates where Turtle Beach's 3-Month Share Buyback Ratio falls into.

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Turtle Beach 3-Month Share Buyback Ratio Calculation

Turtle Beach's 3-Month Share Buyback Ratio for the quarter that ended in Dec. 2024 is calculated as

3-Month Share Buyback Ratio	=	(Shares Outstanding (EOP) (Sep. 2024 )	-	Shares Outstanding (EOP) (Dec. 2024 ))	/	Shares Outstanding (EOP) (Sep. 2024 )
	=	(20.079	-	19.962)	/	20.079
	=	0.58%

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Turtle Beach (LTS:0ZNF) 3-Month Share Buyback Ratio Explanation

A positive ratio may indicates share buybacks over the period, while a zero or negative ratio suggests no buybacks or potential share issuance.

Be Aware

Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.

Turtle Beach 3-Month Share Buyback Ratio Related Terms

Turtle Beach Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Turtle Beach Corp (LTS:0ZNF) » Definitions » 3-Month Share Buyback Ratio

Comparable Companies

Traded in Other Exchanges

TBCH:USA 0P1A:Germany

Address

15822 Bernardo Center Drive, Suite 105, San Diego, CA, USA, 10601

Website

https://www.turtlebeach.com

Turtle Beach Corp specializes in gaming accessories, offering a diverse range including headsets, controllers, keyboards, mice, and simulation hardware. With nearly five decades of expertise, it's a innovator in audio technology, particularly dominant in console gaming headsets. Expanding beyond headsets, Turtle Beach now offers game controllers, flight and racing simulation accessories, and high-quality microphones. Operating globally, its products are available through numerous major retailers such as Amazon, Argos, Best Buy, GAME, GameStop, EB Games, Media Markt, Saturn, Target, and Walmart, with a maximum revenue portion generated during the holiday season. The majority of its revenue stems from North America.

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