In the last trading session, 1.21 million shares of the Corsair Gaming Inc (NASDAQ:CRSR) were traded, and its beta was 1.60. Most recently the company’s share price was $11.02, and it changed around $0.05 or 0.46% from the last close, which brings the market valuation of the company to $1.16B. CRSR currently trades at a discount to its 52-week high of $13.03, offering almost -18.24% off that amount. The share price’s 52-week low was $5.59, which indicates that the current value has risen by an impressive 49.27% since then.
Corsair Gaming Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.17. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended CRSR as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Corsair Gaming Inc is expected to report earnings per share of 0.12 for the current quarter.
Corsair Gaming Inc (NASDAQ:CRSR) trade information
Instantly CRSR has showed a green trend with a performance of 0.46% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.35 on recent trading dayincreased the stock’s daily price by 10.77%. The company’s shares are currently up 66.72% year-to-date, but still down -3.25% over the last five days. On the other hand, Corsair Gaming Inc (NASDAQ:CRSR) is 20.31% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to decrease their stock price by -37.75% from its current value. Analyst projections state that CRSR is forecast to be at a low of $8 and a high of $8.
Corsair Gaming Inc (CRSR) estimates and forecasts
The year-over-year growth rate is expected to be 14.33%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 366.2M in revenue for the current quarter. 5 analysts expect Corsair Gaming Inc to make 314.02M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 337.26M and 261.3M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 8.58%. Forecasts for the next quarter put sales growth at 20.18%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -59.79%.
CRSR Dividends
Corsair Gaming Inc’s next quarterly earnings report is expected to be released in April.
VANGUARD GROUP INC, with 5.3279% or 5.52 million shares worth $60.92 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and MFS New Discovery Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 2.96 shares worth $32.65 million, making up 2.83% of all outstanding shares. On the other hand, MFS New Discovery Fund held roughly 2.31 shares worth around $25.45 million, which represents about 2.20% of the total shares outstanding.
