Is Corsair Gaming Stock a Good Investment?
Corsair Gaming Investment Advice | CRSR |
- Examine Corsair Gaming's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Corsair Gaming's leadership team and their track record. Good management can help Corsair Gaming navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Technology Hardware, Storage & Peripherals space and any emerging trends that could impact Corsair Gaming's business and its evolving consumer preferences.
- Compare Corsair Gaming's performance and market position to its competitors. Analyze how Corsair Gaming is positioned in terms of product offerings, innovation, and market share.
- Check if Corsair Gaming pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Corsair Gaming's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Corsair Gaming stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Corsair Gaming is a good investment.
Sell | Buy |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Corsair Gaming Stock
Researching Corsair Gaming's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 86.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.29. Some equities with similar Price to Book (P/B) outperform the market in the long run. Corsair Gaming recorded a loss per share of 0.91. The entity had not issued any dividends in recent years.
To determine if Corsair Gaming is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Corsair Gaming's research are outlined below:
| Corsair Gaming had very high historical volatility over the last 90 days | |
| Over 86.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from businesswire.com: Corsair Gaming to Present at 2024 UBS Global Technology Conference |
Corsair Gaming Quarterly Good Will |
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Corsair Gaming uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Corsair Gaming. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Corsair Gaming's 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 |
Earnings surprises can significantly impact Corsair Gaming'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. Below are the table of largest EPS Surprises Corsair Gaming's investors have experienced.
| 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 | ||
2024-05-07 | 2024-03-31 | 0.14 | 0.09 | -0.05 | 35 | ||
2022-11-03 | 2022-09-30 | 0.02 | 0.08 | 0.06 | 300 | ||
2021-11-02 | 2021-09-30 | 0.22 | 0.16 | -0.06 | 27 | ||
2021-02-09 | 2020-12-31 | 0.46 | 0.53 | 0.07 | 15 | ||
2022-05-05 | 2022-03-31 | 0.19 | 0.09 | -0.1 | 52 |
Know Corsair Gaming's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Corsair Gaming is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Corsair Gaming backward and forwards among themselves. Corsair Gaming's institutional investor refers to the entity that pools money to purchase Corsair Gaming'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 | Citadel Advisors Llc | 2024-09-30 | 474.5 K | Northern Trust Corp | 2024-09-30 | 410.6 K | Charles Schwab Investment Management Inc | 2024-09-30 | 382.7 K | Goldman Sachs Group Inc | 2024-06-30 | 343.3 K | Renaissance Technologies Corp | 2024-09-30 | 335.9 K | Amvescap Plc. | 2024-06-30 | 331 K | Bank Of America Corp | 2024-06-30 | 240.6 K | Principal Financial Group Inc | 2024-09-30 | 211.4 K | Qube Research & Technologies | 2024-06-30 | 184.9 K | Blackrock Inc | 2024-06-30 | 7 M | Vanguard Group Inc | 2024-09-30 | 5.7 M |
Corsair Gaming's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 769.54 M.Market Cap |
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Corsair Gaming's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Capital Employed | 0.01 | 0.01 |
Determining Corsair Gaming's profitability involves analyzing its financial statements and using various financial metrics to determine if Corsair Gaming is a good buy. For example, gross profit margin measures Corsair Gaming's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Corsair Gaming's profitability and make more informed investment decisions.
Corsair Gaming's Earnings Breakdown by Geography
Evaluate Corsair Gaming's management efficiency
Corsair Gaming has return on total asset (ROA) of (0.0215) % which means that it has lost $0.0215 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.122) %, meaning that it created substantial loss on money invested by shareholders. Corsair Gaming's management efficiency ratios could be used to measure how well Corsair Gaming manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/30/2024, 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 Gaming's Net Tangible Assets are relatively stable compared to the past year. As of 11/30/2024, Non Current Assets Total is likely to grow to about 678.3 M, while Other Current Assets are likely to drop slightly above 36.8 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.77 | 7.11 | |
| Tangible Book Value Per Share | 1.48 | 1.55 | |
| Enterprise Value Over EBITDA | 23.45 | 24.62 | |
| Price Book Value Ratio | 2.16 | 2.06 | |
| Enterprise Value Multiple | 23.45 | 24.62 | |
| Price Fair Value | 2.16 | 2.06 | |
| Enterprise Value | 1.6 B | 1.3 B |
Leadership at Corsair Gaming emphasizes sustainable growth and financial prudence. Our analysis evaluates how these priorities impact the stock's performance in the market.
Beta 1.582 |
Basic technical analysis of Corsair Stock
As of the 30th of November, Corsair Gaming shows the Downside Deviation of 2.87, risk adjusted performance of 0.0421, and Mean Deviation of 2.52. Corsair Gaming 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. Please confirm Corsair Gaming standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Corsair Gaming is priced correctly, providing market reflects its regular price of 7.35 per share. Given that Corsair Gaming has jensen alpha of 0.0882, we suggest you to validate Corsair Gaming's prevailing market performance to make sure the company can sustain itself at a future point.Corsair Gaming's 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 Gaming insiders, such as employees or executives, is commonly permitted as long as it does not rely on Corsair Gaming'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 Gaming 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 Gaming's Outstanding Corporate Bonds
Corsair Gaming issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Corsair Gaming uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Corsair bonds can be classified according to their maturity, which is the date when Corsair Gaming has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Understand Corsair Gaming's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Corsair Gaming's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0421 | |||
| Market Risk Adjusted Performance | 0.3833 | |||
| Mean Deviation | 2.52 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 2217.86 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.21 | |||
| Information Ratio | 0.002 | |||
| Jensen Alpha | 0.0882 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.3733 | |||
| Maximum Drawdown | 12.62 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.25 | |||
| Downside Variance | 8.26 | |||
| Semi Variance | 7.42 | |||
| Expected Short fall | (3.01) | |||
| Skewness | 0.2988 | |||
| Kurtosis | 0.1222 |
| Risk Adjusted Performance | 0.0421 | |||
| Market Risk Adjusted Performance | 0.3833 | |||
| Mean Deviation | 2.52 | |||
| Semi Deviation | 2.72 | |||
| Downside Deviation | 2.87 | |||
| Coefficient Of Variation | 2217.86 | |||
| Standard Deviation | 3.19 | |||
| Variance | 10.21 | |||
| Information Ratio | 0.002 | |||
| Jensen Alpha | 0.0882 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0022 | |||
| Treynor Ratio | 0.3733 | |||
| Maximum Drawdown | 12.62 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 5.25 | |||
| Downside Variance | 8.26 | |||
| Semi Variance | 7.42 | |||
| Expected Short fall | (3.01) | |||
| Skewness | 0.2988 | |||
| Kurtosis | 0.1222 |
Consider Corsair Gaming's intraday indicators
Corsair Gaming 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 Gaming 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.
Corsair Gaming Corporate Filings
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 19th of August 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 |
| 30th of May 2024 Other Reports | ViewVerify | |
| 23rd of April 2024 Other Reports | ViewVerify |
Corsair Stock media impact
Far too much social signal, news, headlines, and media speculation about Corsair Gaming that are available to investors today. That information is available publicly through Corsair media outlets and privately through word of mouth or via Corsair internal channels. However, regardless of the origin, that massive amount of Corsair data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Corsair Gaming news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Corsair Gaming relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Corsair Gaming's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Corsair Gaming alpha.
Corsair Gaming Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Corsair Gaming can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Corsair Gaming Corporate Management
| Michael Buchanan | Senior Sales | Profile | |
| Gregg Lakritz | Advisor | Profile | |
| Geoff Lyons | Senior Components | Profile | |
| Peter Hilliard | Chief Officer | Profile | |
| Ronald Veen | Vice Relations | Profile |
Additional Tools for Corsair Stock Analysis
When running Corsair Gaming's price analysis, check to measure Corsair Gaming'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 Gaming is operating at the current time. Most of Corsair Gaming's value examination focuses on studying past and present price action to predict the probability of Corsair Gaming'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 Gaming's price. Additionally, you may evaluate how the addition of Corsair Gaming to your portfolios can decrease your overall portfolio volatility.