Despite its name, Corsair Gaming (CRSR) – Get Corsair Gaming, Inc. Report doesn’t manufacture video games or host online betting events. Instead, it’s a company that designs and sells computer hardware and peripherals especially for gamers. Think flash drives, keyboards, power supplies, and memory modules.
Similarly, Why is CRSR tanking?
Corsair is currently facing two main issues, temporary macroeconomic headwinds pushing the stock price down and EagleTree Capital holding a majority stake of the company and waiting for a good opportunity to unload its shares into the market.
Will CRSR stock go up? Stock Price Forecast
The 9 analysts offering 12-month price forecasts for Corsair Gaming Inc have a median target of 28.00, with a high estimate of 36.00 and a low estimate of 25.00. The median estimate represents a +43.00% increase from the last price of 19.58.
Thereof, Is Corsair a buy now?
Corsair Gaming has received a consensus rating of Buy. The company’s average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
What sector is CRSR in?
Key Data
| Label | Value |
|---|---|
| Sector | Technology |
| Industry | Computer Manufacturing |
| 1 Year Target | $29.00 |
| Today’s High/Low | $20.66/$18.90 |
Why does CRSR drop?
That’s what happened to Corsair Gaming ( CRSR -2.99% ) after its third-quarter earnings report on Tuesday. Supply chain issues pinched Corsair Gaming’s sales, causing revenue to drop 14% year over year.
When did CRSR go public?
Founded in 1994, Corsair went public in September at $15.12 a share, raising $238 million at a valuation of $1.6 billion. Year-to-date the stock is up 13.08%, and up 169% since its initial public offering. The stock was up over 15% in midday trading.
What time are CRSR earnings?
Earnings announcement* for CRSR: May 03, 2022
Corsair Gaming, Inc. is estimated to report earnings on 05/03/2022. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.
Who is selling CRSR?
MAJOROS GEORGE L. JR. Insider Trading information for NDAQ is derived from Forms 3 and 4 filings filed with the U.S. Securities and Exchange Commission (SEC).
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Number of Insider Shares Traded.
| INSIDER TRADE | 3 MONTHS | 12 MONTHS |
|---|---|---|
| Net Activity | 164,696 | (23,917,588) |
What was CRSR IPO price?
IPO Boutique tweets that Corsair Gaming (CRSR) has priced a full-size IPO with 14M shares at $17/share. Shares will start trading Wednesday.
Is CRSR a SPAC?
SPAC-focused investor open to any opportunities in the market. Generated 4900% returns in 2020 by focusing on favorable risk/reward SPAC investments.
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About CRSR.
| Symbol | Last Price | % Chg |
|---|---|---|
| CRSRPre | 19.96 19.70 | -2.06% -1.30% |
18 juin 2021
What did CRSR IPO at?
Corsair Stock Riding High On Esports, Livestreaming
It also sells PC components such as memory, cooling systems and power supplies as well as full gaming PC systems. Plus, it sells livestreaming gear for content creators. It went public on Sept. 23, with its IPO priced at $17 a share.
Is CRSR in the Russell 2000?
(CRSR) exposure | ETF.com.
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ETFs with the most CRSR shares.
| Ticker | Fund Name | # OF SHARES |
|---|---|---|
| IJR | iShares Core S&P Small-Cap ETF | 2.33M |
| IWM | iShares Russell 2000 ETF | 630.96K |
Who owns CRSR?
Top 10 Owners of Corsair Gaming Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| The Vanguard Group, Inc. | 3.40% | 3,210,361 |
| BlackRock Fund Advisors | 1.77% | 1,671,240 |
| SignatureFD LLC | 0.82% | 773,138 |
| Sculptor Capital LP | 0.71% | 667,500 |
How much of Corsair does Eagle Tree own?
Corsair Gaming is not owned by hedge funds. EagleTree Capital, LP is currently the company’s largest shareholder with 59% of shares outstanding. This implies that they have majority interest control of the future of the company. With 2.9% and 2.8% of the shares outstanding respectively, BlackRock, Inc.
What is a good PE ratio?
A higher P/E ratio shows that investors are willing to pay a higher share price today because of growth expectations in the future. The average P/E for the S&P 500 has historically ranged from 13 to 15. For example, a company with a current P/E of 25, above the S&P average, trades at 25 times earnings.
What is CRSR gaming?
The company offers gamer and creator peripherals, including gaming keyboards, mice, headsets, and controllers, as well as capture cards, stream decks, USB microphones, studio accessories, and EpocCam software.
Why is Corsair short interest so high?
An Orderly Decline with High Short Interest
Between the supply chain constraints and chip shortages, negative catalysts did not crash the stock – they sent it spiraling downwards in an orderly manner. The negative sentiment resulted in growing short interest, evident from the following graph.
Is Corsair a public company?
It trades under the ticker symbol CRSR on the NASDAQ stock exchange. Lockdown orders associated with the COVID-19 pandemic, and a rise in demand for computing equipment, including the computer gaming sector, led to a significant short-term increase in Corsair’s revenue.
Is Corsair gaming a good stock?
It is a quality stock with a high return on invested capital. But its value score is lower than that of DELL and HPQ stock. Corsair will likely sustain a higher valuation because it sells top-end gaming gear and computers.
Is CRSR a small cap?
Corsair Gaming (NASDAQ:CRSR) stock is on the move today on news it’s joining the S&P SmallCap 600.
How many shares of CRSR are there?
Share Statistics
| Avg Vol (3 month) 3 | 1.38M |
|---|---|
| Shares Outstanding 5 | 94.34M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 37.05M |
| % Held by Insiders 1 | 3.41% |
What companies does Corsair own?
CORSAIR also includes subsidiary brands Elgato, which provides premium studio equipment and accessories for content creators, SCUF Gaming, which builds custom-designed controllers for competitive gamers, and ORIGIN PC, a builder of custom gaming and workstation desktop PCs and laptops.
Is Eagle Tree selling Corsair?
Through several of its subsidiaries, EagleTree, which bought a majority share in Corsair in July 2017 in a deal valued at $525M, and its co-managing partners George Majoros and Anup Bagaria are offering 7,135,000 of Corsair’s common stock.
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