Everpure (NYSE:P) & Turtle Beach (NASDAQ:TBCH) Financial Analysis

Turtle Beach (NASDAQ:TBCH) and Everpure (NYSE:P) are both technology companies, but which is the superior business? We will compare the two businesses based on the strength of their risk, profitability, dividends, institutional ownership, valuation, analyst recommendations and earnings.

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Turtle Beach and Everpure, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Turtle Beach	2	1	4	0	2.29
Everpure	1	4	16	0	2.71

Turtle Beach presently has a consensus target price of $16.80, suggesting a potential upside of 32.39%. Everpure has a consensus target price of $99.70, suggesting a potential downside of 9.39%. Given Turtle Beach’s higher probable upside, equities research analysts clearly believe Turtle Beach is more favorable than Everpure.

Profitability

This table compares Turtle Beach and Everpure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Turtle Beach	-1.07%	-2.26%	-1.00%
Everpure	5.75%	15.97%	5.07%

Volatility & Risk

Turtle Beach has a beta of 2.29, indicating that its share price is 129% more volatile than the S&P 500. Comparatively, Everpure has a beta of 1.45, indicating that its share price is 45% more volatile than the S&P 500.

Valuation & Earnings

This table compares Turtle Beach and Everpure”s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Turtle Beach	$297.77 million	0.76	$15.73 million	($0.21)	-60.43
Everpure	$3.66 billion	9.99	$188.18 million	$0.66	166.71

Everpure has higher revenue and earnings than Turtle Beach. Turtle Beach is trading at a lower price-to-earnings ratio than Everpure, indicating that it is currently the more affordable of the two stocks.

Insider and Institutional Ownership

67.0% of Turtle Beach shares are owned by institutional investors. Comparatively, 83.4% of Everpure shares are owned by institutional investors. 3.4% of Turtle Beach shares are owned by company insiders. Comparatively, 5.1% of Everpure shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Summary

Everpure beats Turtle Beach on 12 of the 14 factors compared between the two stocks.

About Turtle Beach

Turtle Beach Corporation operates as an audio technology company. It develops, commercializes, and markets gaming headset solutions for various platforms, including video game and entertainment consoles, personal computers, handheld consoles, tablets, and mobile devices under the Turtle Beach brand. The company also offers gaming headsets, keyboards, mice, mousepads, and other accessories for the personal computer peripherals market under the brand of ROCCAT, as well as digital USB and analog microphones under the Neat Microphones brand. It serves retailers, distributors, and other customers in North America, the United Kingdom, Europe, and internationally. The company was founded in 1975 and is headquartered in White Plains, New York.

About Everpure

Pure Storage, Inc. provides data storage technologies, products, and services in the United States and internationally. The company’s Purity software is shared across its products and provides enterprise-class data services, such as data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. Its products portfolio includes FlashArray for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; FlashArray//XL; and FlashArray//C, an all-QLC flash array. The company also provides FlashBlade, a solution for unstructured data workloads of various types; FlashStack that combines compute, network, and storage to provide an infrastructure platform; FlashRecover, an all-flash modern data-protection solution; and AIRI, a full-stack AI-ready infrastructure. In addition, it offers evergreen storage subscription, Pure as-a-Service, and Cloud Block Store, as well as Portworx a cloud-native Kubernetes data management solution It also offers technical and professional, training and education, and certification services. The company sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Mountain View, California.