Talkspace Inc (NASDAQ:TALK)’s traded shares stood at 1.66 million during the last session, with the company’s beta value hitting 1.20. At the close of trading, the stock’s price was $2.78, to imply an increase of 1.83% or $0.05 in intraday trading. The TALK share’s 52-week high remains $3.92, putting it -41.01% down since that peak but still an impressive 49.28% since price per share fell to its 52-week low of $1.41. The company has a valuation of $467.62M, with an average of 2.28 million shares in intraday trading volume over the past 10 days and average of 1.94 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Talkspace Inc (TALK), translating to a mean rating of 2.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give TALK a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.0.

Talkspace Inc (NASDAQ:TALK) trade information

After registering a 1.83% upside in the last session, Talkspace Inc (TALK) has traded red over the past five days. The 5-day price performance for the stock is 0.36%, and 39.70% over 30 days. With these gigs, the year-to-date price performance is 9.45%. Short interest in Talkspace Inc (NASDAQ:TALK) saw shorts transact 6.52 million shares and set a 2.47 days time to cover.

The extremes give us $2 and $3 for target low and target high price respectively. As such, TALK has been trading -7.91% off suggested target high and 28.06% from its likely low.

Talkspace Inc (TALK) estimates and forecasts

Looking at statistics comparing Talkspace Inc share performance against respective industry, we note that the company has outperformed competitors. Talkspace Inc (TALK) shares are -10.90% down over the last 6 months, with its year-to-date growth rate higher than industry average at 66.67% against 23.90%. Revenue is forecast to grow 100.00% this quarter before jumping 200.00% for the next one. The rating firms project that company’s revenue will grow 27.60% compared to the previous financial year.

Revenue forecast for the current quarter as set by 3 analysts is 47.48M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 51.97M.Earnings reports from the last fiscal year show that sales brought in 38.65M and 42.42M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 22.90% before jumping 22.50% in the following quarter.

TALK Dividends

Talkspace Inc has its next earnings report out on 2024-Aug-06. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Talkspace Inc (NASDAQ:TALK)’s Major holders

Talkspace Inc insiders hold 3.14% of total outstanding shares, with institutional holders owning 62.22% of the shares at 64.24% float percentage. In total, 62.22% institutions holds shares in the company, led by NVP ASSOCIATES, LLC. As of 2024-06-30, the company held over 14.7 million shares (or 8.7079% of shares), all amounting to roughly $33.82 million.

The next major institution holding the largest number of shares is HUDSON EXECUTIVE CAPITAL LP with 11.34 million shares, or about 6.7165% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $22.53 million.

We also have Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Talkspace Inc (TALK) shares. Going by data provided on Jun 30, 2024 , Vanguard Total Stock Market Index Fund holds roughly 3.52 shares. This is just over 2.10% of the total shares, with a market valuation of $9.8 million. Data from the same date shows that the other fund manager holds a little less at 3.06, or 1.82% of the shares, all valued at about 8.5 million.