In last trading session, Talkspace Inc (NASDAQ:TALK) saw 2.21 million shares changing hands with its beta currently measuring 1.11. Company’s recent per share price level of $2.84 trading at $0.08 or 2.90% at ring of the bell on the day assigns it a market valuation of $479.74M. That closing price of TALK’s stock is at a discount of -53.52% from its 52-week high price of $4.36 and is indicating a premium of 43.66% from its 52-week low price of $1.60. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.58 million shares which gives us an average trading volume of 2.00 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 1.33. 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 in the current quarter.
Talkspace Inc (NASDAQ:TALK) trade information
Upright in the green during last session for gaining 2.90%, in the last five days TALK remained trading in the green while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $2.84 price level, adding 5.65% to its value on the day. Talkspace Inc’s shares saw a change of -8.09% in year-to-date performance and have moved 2.90% in past 5-day. Talkspace Inc (NASDAQ:TALK) showed a performance of -30.73% in past 30-days. Number of shares sold short was 4.95 million shares which calculate 1.72 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 -13.6% to its current value. 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 29.58% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.58% for stock’s current value.
Talkspace Inc (TALK) estimates and forecasts
This year revenue growth is estimated to rise 21.03% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 51.94M for the same. And 6 analysts are in estimates of company making revenue of 53.97M in the next quarter. Company posted 45.42M and 46.06M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 480.17% while estimates for its earnings growth in next 5 years are of 166.84%.
Talkspace Inc (NASDAQ:TALK)’s Major holders
Insiders are in possession of 3.78% of company’s total shares while institution are holding 60.16 percent of that, with stock having share float percentage of 62.52%. Investors also watch the number of corporate investors in a company very closely, which is 60.16% 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 8.6923 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 6.7045 of outstanding shares, having a total worth of $22.53 million.
