Corsair Gaming (CRSR) Projected to Post Earnings on Wednesday

Corsair Gaming (NASDAQ:CRSR) is expected to be posting its quarterly earnings results after the market closes on Wednesday, February 12th. Analysts expect Corsair Gaming to post earnings of $0.16 per share and revenue of $387.92 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Corsair Gaming Price Performance

Shares of CRSR stock opened at $9.51 on Wednesday. The company has a market capitalization of $995.70 million, a P/E ratio of -10.57 and a beta of 1.67. The company’s 50-day simple moving average is $7.66 and its two-hundred day simple moving average is $7.10. Corsair Gaming has a one year low of $5.59 and a one year high of $14.13. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.58 and a quick ratio of 0.77.

Wall Street Analyst Weigh In

Several research analysts have commented on CRSR shares. TD Cowen reduced their price objective on Corsair Gaming from $10.00 to $9.00 and set a “hold” rating on the stock in a report on Thursday, November 7th. Barclays decreased their price objective on Corsair Gaming from $14.00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, November 7th. Wedbush reiterated an “outperform” rating and set a $11.00 target price on shares of Corsair Gaming in a report on Tuesday, November 5th. Macquarie reduced their price target on shares of Corsair Gaming from $11.00 to $9.00 and set an “outperform” rating for the company in a report on Friday, November 8th. Finally, The Goldman Sachs Group dropped their price objective on shares of Corsair Gaming from $9.00 to $7.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $9.14.

About Corsair Gaming

Corsair Gaming, Inc, together with its subsidiaries, designs, develops, markets, and sells gaming and streaming peripherals, components and systems in the Americas, Europe, the Middle East, and the Asia Pacific. It offers gamer and creator peripherals, including gaming keyboards, mice, headsets, controllers, and streaming products, such as capture cards, stream decks, microphones and audio interfaces, facecam streaming cameras, studio accessories, gaming furniture, and other related products.