In last trading session, Corsair Gaming Inc (NASDAQ:CRSR) saw 1.17 million shares changing hands with its beta currently measuring 1.57. Company’s recent per share price level of $10.86 trading at -$0.04 or -0.37% at ring of the bell on the day assigns it a market valuation of $1.14B. That closing price of CRSR’s stock is at a discount of -19.89% from its 52-week high price of $13.02 and is indicating a premium of 48.53% from its 52-week low price of $5.59. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.1 million shares which gives us an average trading volume of 1.04 million if we extend that period to 3-months.
For Corsair Gaming Inc (CRSR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.17. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.12 in the current quarter.
Corsair Gaming Inc (NASDAQ:CRSR) trade information
Upright in the red during last session for losing -0.37%, in the last five days CRSR remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $10.86 price level, adding 6.54% to its value on the day. Corsair Gaming Inc’s shares saw a change of 64.30% in year-to-date performance and have moved -5.24% in past 5-day. Corsair Gaming Inc (NASDAQ:CRSR) showed a performance of 11.38% in past 30-days. Number of shares sold short was 3.59 million shares which calculate 2.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 8 to the stock, which implies a fall of -35.75% to its current value. Analysts have been projecting 8 as a low price target for the stock while placing it at a high target of 8. It follows that stock’s current price would jump 26.34% in reaching the projected high whereas dropping to the targeted low would mean a gain of 26.34% for stock’s current value.
Corsair Gaming Inc (CRSR) estimates and forecasts
This year revenue growth is estimated to rise 14.33% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 366.2M for the same. And 5 analysts are in estimates of company making revenue of 314.02M in the next quarter. Company posted 337.26M and 261.3M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -59.79% during past 5 years.
Corsair Gaming Inc (NASDAQ:CRSR)’s Major holders
Insiders are in possession of 3.39% of company’s total shares while institution are holding 87.12 percent of that, with stock having share float percentage of 90.18%. Investors also watch the number of corporate investors in a company very closely, which is 87.12% institutions for Corsair Gaming Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CRSR for having 6.99 million shares of worth $77.14 million. And as of 2024-06-30, it was holding 6.7467 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.52 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.3279 of outstanding shares, having a total worth of $60.92 million.
