In recent trading session, Talkspace Inc (NASDAQ:TALK) saw 0.58 million shares changing hands at last check today with its beta currently measuring 1.11. Company’s recent per share price level of $3.29 trading at $0.01 or 0.37% at last check today assigns it a market valuation of $553.76M. That most recent trading price of TALK’s stock is at a discount of -19.15% from its 52-week high price of $3.92 and is indicating a premium of 57.14% from its 52-week low price of $1.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.95 million shares which gives us an average trading volume of 2.16 million if we extend that period to 3-months.

For Talkspace Inc (TALK), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.01 in the current quarter.

Talkspace Inc (NASDAQ:TALK) trade information

Upright in the green today for gaining 0.37%, in the last five days TALK remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $3.29 price level, adding 1.79% to its value on the day. Talkspace Inc’s shares saw a change of 29.61% in year-to-date performance and have moved 5.18% in past 5-day. Talkspace Inc (NASDAQ:TALK) showed a performance of 38.90% in past 30-days. Number of shares sold short was 6.39 million shares which calculate 1.88 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 2.5 to the stock, which implies a fall of -31.6% to its recent value today. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would jump 39.21% in reaching the projected high whereas dropping to the targeted low would mean a gain of 39.21% for stock’s current value.

Talkspace Inc (TALK) estimates and forecasts

Statistics highlight that Talkspace Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 15.51% of value to its shares in past 6 months, showing an annual growth rate of 75.00% while that of industry is 26.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 25.70% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 49.67M for the same. And 3 analysts are in estimates of company making revenue of 54.3M in the next quarter. Company posted 42.42M and 45.42M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 32.57% during past 5 years.

Talkspace Inc (NASDAQ:TALK)’s Major holders

Insiders are in possession of 3.14% of company’s total shares while institution are holding 62.30 percent of that, with stock having share float percentage of 64.32%. Investors also watch the number of corporate investors in a company very closely, which is 62.30% institutions for Talkspace Inc that are currently holding shares of the company. NVP ASSOCIATES, LLC is the top institutional holder at TALK for having 14.7 million shares of worth $33.82 million. And as of 2024-06-30, it was holding 8.7079 of the company’s outstanding shares.

The second largest institutional holder is HUDSON EXECUTIVE CAPITAL LP, which was holding about 11.34 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.7165 of outstanding shares, having a total worth of $22.53 million.