Corsair Stock Analysis

CRSR -  USA Stock  

USD 18.47  0.03  0.16%

The big decline in price over the last few months for Corsair Gaming could raise concerns from retail investors as the firm it trading at a share price of 18.47 on 733,851 in volume. The company management teams failed to add value to investors and positioning the firm supply of money to exploit market volatility in December. However, diversifying your holdings with Corsair Gaming or any similar stocks can still protect your portfolios during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.41. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Corsair Gaming unsystematic, company-specific events.
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Corsair Stock Analysis 

 
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The Corsair Gaming stock analysis report makes it easy to digest most publicly released information about Corsair Gaming and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Corsair Stock analysis module also helps to analyze the Corsair Gaming price relationship with some important fundamental indicators such as market cap and management efficiency.

Corsair Stock Analysis Notes

About 74.0% of the company shares are held by institutions such as insurance companies. The book value of Corsair Gaming was currently reported as 5.7. The company had not issued any dividends in recent years. Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group , LP. Corsair Gaming operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 2411 people. For more info on Corsair Gaming please contact the company at 510 657 8747 or go to https://www.corsair.com.

Corsair Gaming Quarterly Cost of Revenue

289.76 MillionShare

Corsair Gaming Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Corsair Gaming's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Corsair Gaming or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Corsair Gaming generated a negative expected return over the last 90 days
About 74.0% of the company shares are held by institutions such as insurance companies
Latest headline from www.nasdaq.com: Validea Joel Greenblatt Strategy Daily Upgrade Report - 1252022 - Nasdaq

Corsair Gaming Upcoming and Recent Events

Earnings reports are used by Corsair Gaming to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Corsair Gaming previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report8th of February 2022
Next Earnings Report3rd of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End8th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

Corsair Largest EPS Surprises

Earnings surprises can significantly impact Corsair Gaming's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-02-09
2020-12-310.45990.530.070115 
2021-11-02
2021-09-300.24020.16-0.080233 
2021-05-04
2021-03-310.33080.580.249275 
View All Earnings Estimates

Corsair Gaming SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Corsair Gaming prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Corsair Gaming investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Corsair Gaming specific information freely available to individual and institutional investors to make a timely investment decision.
20th of January 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
5th of January 2022
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
2nd of November 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
14th of October 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
1st of October 2021
Submission of Matters to a Vote of Security Holders
View
7th of September 2021
Financial Statements and Exhibits. Entry into a Material Definitive Agreement
View
3rd of August 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
7th of June 2021
Unclassified Corporate Event
View

Corsair Gaming Thematic Classifications

In addition to having Corsair Gaming stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Computers IdeaComputers
USA Equities from Computers industry as classified by Fama & French

Corsair Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Corsair Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corsair Gaming backward and forwards among themselves. Corsair Gaming's institutional investor refers to the entity that pools money to purchase Corsair Gaming's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Signaturefd LlcCommon Shares773.1 K16.2 M
National Bank Of CanadaPut Options5.3 K11.1 M
National Bank Of CanadaCommon Shares481.1 K10.1 M
Exchange Traded Concepts LlcCommon Shares139.3 K2.9 M
Sciencast Management LpCommon Shares56.5 K1.2 M
National Bank Of CanadaCall Options5001.1 M
Pendal Group LtdCommon Shares17.5 K367 K
Patriot Financial Group Insurance Agency LlcCommon Shares63013 K
Ifp Advisors IncCommon Shares210K
Note, although Corsair Gaming's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Corsair Market Capitalization

The company currently falls under 'Mid-Cap' category with current market capitalization of 1.94 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corsair Gaming's market, we take the total number of its shares issued and multiply it by Corsair Gaming's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Corsair Profitablity

Corsair Gaming's profitability indicators refer to fundamental financial ratios that showcase Corsair Gaming's ability to generate income relative to its revenue or operating costs. If, let's say, Corsair Gaming is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Corsair Gaming's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Corsair Gaming's profitability requires more research than a typical breakdown of Corsair Gaming's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 6.12 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 8.98 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.09.
Last ReportedProjected for 2022
Return on Average Assets 0.10  0.11 
Return on Average Equity 0.36  0.39 
Return on Invested Capital 0.35  0.28 
Return on Sales 0.11  0.11 

Management Efficiency

The entity has return on total asset (ROA) of 8.43 % which means that it generated profit of $8.43 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 25.78 %, meaning that it created $25.78 on every $100 dollars invested by stockholders. Corsair Gaming management efficiency ratios could be used to measure how well corsair gaming manages its routine affairs as well as how well it operates its assets and liabilities. Corsair Gaming Return on Average Assets are relatively stable at the moment as compared to the past year. Corsair Gaming reported last year Return on Average Assets of 0.10. As of 01/29/2022, Return on Average Equity is likely to grow to 0.39, while Return on Invested Capital is likely to drop 0.28. Corsair Gaming Goodwill and Intangible Assets are relatively stable at the moment as compared to the past year. Corsair Gaming reported last year Goodwill and Intangible Assets of 657.89 Million. As of 01/29/2022, Return on Average Assets is likely to grow to 0.11, while Total Assets are likely to drop slightly above 1.4 B.
Last ReportedProjected for 2022
Book Value per Share 5.83  5.02 
Enterprise Value over EBIT 20.70  20.58 
Enterprise Value over EBITDA 16.07  15.98 
Price to Book Value 6.85  6.81 
Tangible Assets Book Value per Share 9.89  8.88 
Enterprise Value3.2 B3.2 B
Tangible Asset Value853.3 M745.3 M

Technical Drivers

As of the 29th of January, Corsair Gaming shows the risk adjusted performance of (0.14), and Mean Deviation of 1.92. Corsair Gaming technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We are able to interpolate and collect nineteen technical drivers for Corsair Gaming, which can be compared to its rivals. Please confirm Corsair Gaming standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Corsair Gaming is priced correctly, providing market reflects its regular price of 18.47 per share. Given that Corsair Gaming has jensen alpha of (0.35), we suggest you to validate Corsair Gaming's prevailing market performance to make sure the company can sustain itself at a future point.

Corsair Gaming Price Movement Analysis

The output start index for this execution was seven with a total number of output elements of fifty-four. The Mid-point Price over period is an average of Corsair Gaming highest and lowest prices attained during the given period. View also all equity analysis or get more info about midpoint price over period overlap studies indicator.

Corsair Gaming Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Corsair Gaming insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corsair Gaming's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Corsair Gaming insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Potter Michael G over six months ago via Macroaxis 
Exercise or conversion by Potter Michael G of 7500 shares of Corsair Gaming subject to Rule 16b-3
Corsair Group Cayman Lp over six months ago via Macroaxis 
Sale by Corsair Group Cayman Lp of 1413808 shares of Corsair Gaming
Chevalier Bertrand over six months ago via Macroaxis 
Sale by Chevalier Bertrand of 100000 shares of Corsair Gaming
La Thi L over six months ago via Macroaxis 
Exercise or conversion by La Thi L of 100000 shares of Corsair Gaming subject to Rule 16b-3
Potter Michael G over six months ago via Macroaxis 
Exercise or conversion by Potter Michael G of 7500 shares of Corsair Gaming subject to Rule 16b-3
Cahilly Jason Glen over six months ago via Macroaxis 
Acquisition by Cahilly Jason Glen of 31 shares of Corsair Gaming subject to Rule 16b-3
Chevalier Bertrand over six months ago via Macroaxis 
Exercise or conversion by Chevalier Bertrand of 125000 shares of Corsair Gaming subject to Rule 16b-3
Chevalier Bertrand over six months ago via Macroaxis 
Exercise or conversion by Chevalier Bertrand of 125000 shares of Corsair Gaming subject to Rule 16b-3
Potter Michael G over six months ago via Macroaxis 
Exercise or conversion by Potter Michael G of 7500 shares of Corsair Gaming subject to Rule 16b-3
Lakritz Gregg A over six months ago via Macroaxis 
Acquisition by Lakritz Gregg A of 2799 shares of Corsair Gaming subject to Rule 16b-3
La Thi L over six months ago via Macroaxis 
Acquisition by La Thi L of 104924 shares of Corsair Gaming subject to Rule 16b-3
La Thi L over a year ago via Macroaxis 
Sale by La Thi L of 100000 shares of Corsair Gaming

Corsair Gaming Predictive Daily Indicators

Corsair Gaming intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Corsair Gaming stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Corsair Gaming Forecast Models

Corsair Gaming time-series forecasting models is one of many Corsair Gaming's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Corsair Gaming's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Corsair Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Corsair Gaming stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Corsair shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Corsair Gaming. By using and applying Corsair Stock analysis, traders can create a robust methodology for identifying Corsair entry and exit points for their positions.
Last ReportedProjected for 2022
EBITDA Margin 0.14  0.12 
Gross Margin 0.31  0.29 
Profit Margin 0.07  0.08 
Corsair Gaming, Inc., together with its subsidiaries, designs, markets, and distributes gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. Corsair Gaming, Inc. operates as a subsidiary of Corsair Group , LP. Corsair Gaming operates under Computer Hardware classification in the United States and is traded on NASDAQ Exchange. It employs 2411 people.

Current Corsair Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Corsair analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Corsair analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
32.17Buy6Odds
Corsair Gaming current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Corsair analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Corsair stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Corsair Gaming, talking to its executives and customers, or listening to Corsair conference calls.
Corsair Analyst Advice Details

Corsair Stock Analysis Indicators

Corsair Gaming stock analysis indicators help investors evaluate how Corsair Gaming stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Corsair Gaming shares will generate the highest return on investment. By understating and applying Corsair Gaming stock analysis, traders can identify Corsair Gaming position entry and exit signals to maximize returns.
Quick Ratio0.70
Fifty Two Week Low19.74
Revenue Growth-14.40%
Shares Short Prior Month11.5M
Average Daily Volume Last 10 Day1.19M
Average Daily Volume In Three Month1.1M
Earnings Growth-95.30%
Shares Percent Shares Out12.56%
Earnings Quarterly Growth-95.10%
Gross Margins28.07%
Short Percent Of Float40.99%
Forward Price Earnings12.94
Float Shares36.86M
Fifty Two Week High49.60
Enterprise Value To Ebitda10.28
Fifty Day Average22.15
Two Hundred Day Average27.78
Enterprise Value To Revenue1.16
Continue to Trending Equities. Note that the Corsair Gaming information on this page should be used as a complementary analysis to other Corsair Gaming's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Transaction History module to view history of all your transactions and understand their impact on performance.

Complementary Tools for Corsair Stock analysis

When running Corsair Gaming price analysis, check to measure Corsair Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Corsair Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Corsair Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.
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Is Corsair Gaming's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Corsair Gaming. If investors know Corsair will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Corsair Gaming listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Corsair Gaming is measured differently than its book value, which is the value of Corsair that is recorded on the company's balance sheet. Investors also form their own opinion of Corsair Gaming's value that differs from its market value or its book value, called intrinsic value, which is Corsair Gaming's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Corsair Gaming's market value can be influenced by many factors that don't directly affect Corsair Gaming's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Corsair Gaming's value and its price as these two are different measures arrived at by different means. Investors typically determine Corsair Gaming value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corsair Gaming's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.