Corsair Gaminginc Stock Analysis
| CRSR Stock | USD 10.72 0.04 0.37% |
Corsair GamingInc is undervalued with Real Value of 13.2 and Target Price of 19.71. The main objective of Corsair GamingInc stock analysis is to determine its intrinsic value, which is an estimate of what Corsair GamingInc is worth, separate from its market price. There are two main types of Corsair GamingInc's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Corsair GamingInc's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Corsair GamingInc's stock to identify patterns and trends that may indicate its future price movements.
The Corsair GamingInc stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Corsair GamingInc is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Corsair Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Corsair GamingInc's ongoing operational relationships across important fundamental and technical indicators.
Corsair |
Corsair Stock Analysis Notes
About 81.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.79. Some equities with similar Price to Book (P/B) outperform the market in the long run. Corsair GamingInc 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. is 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 2490 people. For more info on Corsair GamingInc please contact Andrew Paul at 510 657 8747 or go to https://www.corsair.com.Corsair GamingInc Quarterly Total Revenue |
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Corsair GamingInc 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 GamingInc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Corsair GamingInc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
| Corsair GamingInc generated a negative expected return over the last 90 days | |
| Over 81.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from MacroaxisInsider: Disposition of 8688 shares by Andrew Paul of Corsair GamingInc at 13.57 subject to Rule 16b-3 |
Corsair GamingInc Upcoming and Recent Events
Earnings reports are used by Corsair GamingInc 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 GamingInc 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.
| 13th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 13th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Corsair Largest EPS Surprises
Earnings surprises can significantly impact Corsair GamingInc'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 | |||
|---|---|---|---|---|---|---|---|
2023-05-10 | 2023-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2024-02-13 | 2023-12-31 | 0.25 | 0.22 | -0.03 | 12 | ||
2023-02-09 | 2022-12-31 | 0.16 | 0.2 | 0.04 | 25 |
Corsair GamingInc Thematic Classifications
In addition to having Corsair GamingInc 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.
 | Online GamingEquities that are involved in online gaming space |
Corsair Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Corsair GamingInc is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corsair GamingInc backward and forwards among themselves. Corsair GamingInc's institutional investor refers to the entity that pools money to purchase Corsair GamingInc'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.
| Shares | Northern Trust Corp | 2023-12-31 | 387.6 K | Charles Schwab Investment Management Inc | 2023-12-31 | 329.5 K | Amvescap Plc. | 2023-12-31 | 303.1 K | Renaissance Technologies Corp | 2023-12-31 | 281.6 K | Principal Financial Group Inc | 2023-12-31 | 224.2 K | D. E. Shaw & Co Lp | 2023-09-30 | 200.1 K | Qube Research & Technologies | 2023-12-31 | 166.2 K | Bank Of America Corp | 2023-12-31 | 157 K | Signaturefd, Llc | 2023-12-31 | 141.8 K | Blackrock Inc | 2023-12-31 | 6.6 M | Vanguard Group Inc | 2023-12-31 | 5.4 M |
Corsair Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Corsair GamingInc's market, we take the total number of its shares issued and multiply it by Corsair GamingInc'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 those looking for more risk prefer small-cap and mid-cap equities.Corsair Profitablity
Corsair GamingInc's profitability indicators refer to fundamental financial ratios that showcase Corsair GamingInc's ability to generate income relative to its revenue or operating costs. If, let's say, Corsair GamingInc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Corsair GamingInc'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 GamingInc's profitability requires more research than a typical breakdown of Corsair GamingInc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0 | 0 | |
| Return On Capital Employed | 0.01 | 0.01 | |
| Return On Assets | 0 | 0 | |
| Return On Equity | 0 | 0 |
Management Efficiency
As of 04/19/2024, Return On Tangible Assets is likely to drop to 0. In addition to that, Return On Capital Employed is likely to drop to 0.01. At this time, Corsair GamingInc's Net Tangible Assets are relatively stable compared to the past year. As of 04/19/2024, Non Current Assets Total is likely to grow to about 678.3 M, while Other Current Assets are likely to drop slightly above 29.6 M. Corsair GamingInc's management efficiency ratios could be used to measure how well Corsair GamingInc manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.51 | 3.73 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 1.48 | 1.55 | |
| Enterprise Value Over EBITDA | 25.10 | 26.36 | |
| Price Book Value Ratio | 2.16 | 2.06 | |
| Enterprise Value Multiple | 25.10 | 26.36 | |
| Price Fair Value | 2.16 | 2.06 | |
| Enterprise Value | 1.6 B | 1.4 B |
The analysis of Corsair GamingInc's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Corsair GamingInc's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Corsair Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.605 |
Technical Drivers
As of the 19th of April, Corsair GamingInc shows the Risk Adjusted Performance of (0.09), mean deviation of 1.58, and Standard Deviation of 1.99. Corsair GamingInc 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 thirteen technical drivers for Corsair GamingInc, which can be compared to its peers. Please confirm Corsair GamingInc information ratio and kurtosis to decide if Corsair GamingInc is priced correctly, providing market reflects its regular price of 10.72 per share. Given that Corsair GamingInc has information ratio of (0.18), we suggest you to validate Corsair GamingInc's prevailing market performance to make sure the company can sustain itself at a future point.Corsair GamingInc Price Movement Analysis
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Corsair GamingInc middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Corsair GamingInc. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Corsair GamingInc 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 GamingInc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corsair GamingInc'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 GamingInc 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.
Corsair GamingInc Predictive Daily Indicators
Corsair GamingInc 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 GamingInc 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.
| Accumulation Distribution | 4597.21 | |||
| Daily Balance Of Power | (0.22) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 10.77 | |||
| Day Typical Price | 10.75 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | (0.04) |
Corsair GamingInc Corporate Filings
10K | 27th of February 2024 Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance | ViewVerify |
F4 | 21st of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 16th of February 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 13th of February 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
13A | 29th of January 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 10th of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 4th of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
F4 | 3rd of January 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Corsair GamingInc Forecast Models
Corsair GamingInc's time-series forecasting models are one of many Corsair GamingInc's stock analysis techniques aimed at predicting 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 GamingInc'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 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 GamingInc prices is reacting to, or reflecting on a current 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 GamingInc. By using and applying Corsair Stock analysis, traders can create a robust methodology for identifying Corsair entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | (0) | (0) | |
| Operating Profit Margin | 0.01 | 0.01 | |
| Net Profit Margin | 0 | 0 | |
| Gross Profit Margin | 0.22 | 0.18 |
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 Price | Advice | # of Analysts | |
| 19.71 | Buy | 7 | Odds |
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 GamingInc, talking to its executives and customers, or listening to Corsair conference calls.
Corsair Stock Analysis Indicators
Corsair GamingInc stock analysis indicators help investors evaluate how Corsair GamingInc 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 GamingInc shares will generate the highest return on investment. By understating and applying Corsair GamingInc stock analysis, traders can identify Corsair GamingInc position entry and exit signals to maximize returns.
| Begin Period Cash Flow | 153.8 M | |
| Long Term Debt | 186 M | |
| Common Stock Shares Outstanding | 106.3 M | |
| Total Stockholder Equity | 667.6 M | |
| Tax Provision | -1.6 M | |
| Quarterly Earnings Growth Y O Y | -0.533 | |
| Property Plant And Equipment Net | 68.5 M | |
| Cash And Short Term Investments | 175.6 M | |
| Cash | 175.6 M | |
| Accounts Payable | 240 M | |
| Net Debt | 70.9 M | |
| 50 Day M A | 12.4744 | |
| Total Current Liabilities | 418.5 M | |
| Other Operating Expenses | 1.5 B | |
| Non Current Assets Total | 645.9 M | |
| Forward Price Earnings | 20.4499 | |
| Non Currrent Assets Other | 6.6 M | |
| Stock Based Compensation | 30.9 M |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Corsair GamingInc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. To learn how to invest in Corsair Stock, please use our How to Invest in Corsair GamingInc guide.You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for Corsair Stock analysis
When running Corsair GamingInc's price analysis, check to measure Corsair GamingInc'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 GamingInc is operating at the current time. Most of Corsair GamingInc's value examination focuses on studying past and present price action to predict the probability of Corsair GamingInc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Corsair GamingInc's price. Additionally, you may evaluate how the addition of Corsair GamingInc to your portfolios can decrease your overall portfolio volatility.
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Is Corsair GamingInc'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 GamingInc. 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 GamingInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.53) | Earnings Share 0.03 | Revenue Per Share 14.245 | Quarterly Revenue Growth 0.047 | Return On Assets 0.0046 |
The market value of Corsair GamingInc 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 GamingInc's value that differs from its market value or its book value, called intrinsic value, which is Corsair GamingInc'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 GamingInc's market value can be influenced by many factors that don't directly affect Corsair GamingInc'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 GamingInc's value and its price as these two are different measures arrived at by different means. Investors typically determine if Corsair GamingInc is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Corsair GamingInc'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.