During the recent session, Talkspace Inc (NASDAQ:TALK)’s traded shares were 0.46 million, with the beta value of the company hitting 1.11. At the last check today, the stock’s price was $4.18, reflecting an intraday gain of 0.97% or $0.04. The 52-week high for the TALK share is $4.24, that puts it down -1.44 from that peak though still a striking 61.72% gain since the share price plummeted to a 52-week low of $1.60. The company’s market capitalization is $706.10M, and the average intraday trading volume over the past 10 days was 1.97 million shares, and the average trade volume was 1.42 million shares over the past three months.
Talkspace Inc (TALK) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 1.33. TALK has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
Talkspace Inc (NASDAQ:TALK) trade information
Talkspace Inc (TALK) registered a 0.97% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.97% in intraday trading to $4.18, hitting a weekly high. The stock’s 5-day price performance is 16.11%, and it has moved by 47.70% in 30 days. Based on these gigs, the overall price performance for the year is 76.37%. The short interest in Talkspace Inc (NASDAQ:TALK) is 6.0 million shares and it means that shorts have 5.88 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.5, which implies a decrease of -67.2% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $3 respectively. As a result, TALK is trading at a premium of 28.23% off the target high and 52.15% off the low.
Talkspace Inc (TALK) estimates and forecasts
In the rating firms’ projections, revenue will increase 25.86% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 49.94M as predicted by 6 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 54.42M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 42.42M and 45.42M respectively. In this case, analysts expect current quarter sales to grow by 17.73% and then jump by 19.82% in the coming quarter.
TALK Dividends
Talkspace Inc is due to release its next quarterly earnings in March. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Talkspace Inc (NASDAQ:TALK)’s Major holders
The next largest institutional holding, with 11.34 million shares, is of HUDSON EXECUTIVE CAPITAL LP’s that is approximately 6.7165% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $22.53 million.
Also, the Mutual Funds coming in first place with the largest holdings of Talkspace Inc (TALK) shares are American Century Small Cap Growth Fund and Vanguard Total Stock Market Index Fund. Data provided on Dec 31, 2024 indicates that American Century Small Cap Growth Fund owns about 5.44 shares. This amounts to just over 3.22 percent of the company’s overall shares, with a $22.48 million market value. The same data shows that the other fund manager holds slightly less at 3.52, or about 2.09% of the stock, which is worth about $14.57 million.
