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Corsair Gaming (DE:6C2)
FRANKFURT:6C2
Holding DE:6C2?
Track your performance easily
6C2 Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€5.14 - €13.77
Previous Close€5.77
Volume0.00
Average Volume (3M)270.00
Market Cap
€595.55M
Enterprise Value€703.38M
Total Cash (Recent Filing)$92.18M
Total Debt (Recent Filing)$180.27M
Price to Earnings (P/E)―
Beta1.56
Next Earnings
Oct 30, 2024EPS Estimate
€0.07Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)N/A
Shares Outstanding104,146,380
10 Day Avg. Volume47
30 Day Avg. Volume270
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)0.94
Price to Sales (P/S)0.49
Price to Cash Flow (P/CF)-9.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.51
Enterprise Value/Gross Profit1.95
Enterprise Value/Ebitda-88.02
Forecast
1Y Price Target
€9.27Price Target Upside60.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Corsair Gaming News
Bulls Say, Bears Say
Bulls Say
Brand And Market PositionFanatec is one of the most highly recognizable brands in the Sim Racing vertical.
Market GrowthIndustry reports estimate the Sim Racing components market at approximately $1 billion, with an expected 20% annual growth rate.
Revenue PerformancePeripherals segment revenues increased 20% Y/Y, trending positively, and over the long haul, management expects this higher margin segment to become the company's largest product category.
Bears Say
Consumer DemandConsumers are opting to buy less for computer builds, hold off, or trade down.
Market ShareCorsair will have to prove to investors that it did not permanently lose market share by attempting to preserve its premium status over the last year.
Revenue GuidanceCorsair lowered its 2024 guide to $1.25-1.35 billion in revenue, $48-68 million in adjusted operating income, and $60-75 million in adjusted EBITDA.
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6C2 FAQ
What was Corsair Gaming’s price range in the past 12 months?
Corsair Gaming lowest stock price was €5.14 and its highest was €13.77 in the past 12 months.
What is Corsair Gaming’s market cap?
Currently, no data Available
When is Corsair Gaming’s upcoming earnings report date?
Corsair Gaming’s upcoming earnings report date is Oct 30, 2024 which is in 34 days.
How were Corsair Gaming’s earnings last quarter?
Corsair Gaming released its earnings results on Aug 01, 2024. The company reported -€0.063 earnings per share for the quarter, missing the consensus estimate of €0.021 by -€0.084.
Is Corsair Gaming overvalued?
According to Wall Street analysts Corsair Gaming’s price is currently Undervalued.
Does Corsair Gaming pay dividends?
Corsair Gaming does not currently pay dividends.
What is Corsair Gaming’s EPS estimate?
Corsair Gaming’s EPS estimate is €0.07.
How many shares outstanding does Corsair Gaming have?
Corsair Gaming has 104,146,380 shares outstanding.
What happened to Corsair Gaming’s price movement after its last earnings report?
Corsair Gaming reported an EPS of -€0.063 in its last earnings report, missing expectations of €0.021. Following the earnings report the stock price went down -18.292%.
Which hedge fund is a major shareholder of Corsair Gaming?
Among the largest hedge funds holding Corsair Gaming’s share is EntryPoint Capital, LLC. It holds Corsair Gaming’s shares valued at N/A.
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Corsair Gaming Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
€9.27 (60.83% Upside)
€9.27 (60.83% Upside)
Blogger Sentiment
Neutral
DE:6C2 Sentiment 60%
Sector Average 66%
Sector Average 66%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-56.42%
12-Months-Change
Fundamentals
Return on Equity
-6.04%
Trailing 12-Months
Asset Growth
-6.42%
Trailing 12-Months
Company Description
Corsair Gaming
Corsair Gaming Inc is engaged in the business of providing high-performance gear for gamers and content creators. The product portfolio includes Cases, Keyboards, Mice, Headsets, Power Supplies, Gaming Computers, Gaming Chairs, Mouse pads, and other related products. The company operates in two segments namely, Gamer and Creator peripherals and gaming Components and systems.
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6C2 Company Deck
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6C2 Earnings Call
Q2 2024
0:00 / 0:00
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6C2 Stock 12 Month Forecast
Average Price Target
€9.27
▲(60.83% Upside)
Technical Analysis
Best Analysts Covering 6C2
1 Year
1 Year Success Rate
4/15 ratings generated profit
1 Year Average Return
-28.45%
reiterated a buy rating 2 months ago
Copying George Wang CFA's trades and holding each position for 1 Year would result in 26.67% of your transactions generating a profit, with an average return of -28.45% per trade.
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