Corsair Gaming (CRSR) to Release Quarterly Earnings on Wednesday

Corsair Gaming (NASDAQ:CRSR) is expected to issue its quarterly earnings data after the market closes on Wednesday, February 12th. Analysts expect the company to announce earnings of $0.16 per share and revenue of $387.92 million for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

Corsair Gaming Trading Up 5.4 %

Shares of NASDAQ CRSR opened at $9.75 on Tuesday. The business has a 50 day simple moving average of $7.83 and a 200 day simple moving average of $7.13. Corsair Gaming has a 52 week low of $5.59 and a 52 week high of $14.13. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of -10.83 and a beta of 1.68. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.77 and a current ratio of 1.58.

Analyst Ratings Changes

Several research analysts have recently commented on CRSR shares. TD Cowen dropped their price target on shares of Corsair Gaming from $10.00 to $9.00 and set a “hold” rating on the stock in a research note on Thursday, November 7th. Macquarie lowered their target price on shares of Corsair Gaming from $11.00 to $9.00 and set an “outperform” rating on the stock in a research report on Friday, November 8th. The Goldman Sachs Group reduced their price target on Corsair Gaming from $9.00 to $7.00 and set a “neutral” rating for the company in a research report on Thursday, November 7th. Barclays lowered their price objective on Corsair Gaming from $14.00 to $9.00 and set an “overweight” rating on the stock in a report on Thursday, November 7th. Finally, Wedbush restated an “outperform” rating and issued a $12.00 target price (up from $10.00) on shares of Corsair Gaming in a report on Wednesday, February 5th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, Corsair Gaming presently has an average rating of “Moderate Buy” and a consensus price target of $9.29.

Corsair Gaming Company Profile

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.