Talkspace Inc (NASDAQ:TALK)’s traded shares stood at 1.25 million during the last session, with the company’s beta value hitting 1.13. At the close of trading, the stock’s price was $2.77, to imply a decrease of -0.72% or -$0.02 in intraday trading. The TALK share’s 52-week high remains $4.36, putting it -57.4% down since that peak but still an impressive 42.24% since price per share fell to its 52-week low of $1.60. The company has a valuation of $466.57M, with an average of 1.95 million shares in intraday trading volume over the past 10 days and average of 2.06 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 1.33. 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.
Talkspace Inc (NASDAQ:TALK) trade information
After registering a -0.72% downside 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 -28.24% over 30 days. With these gigs, the year-to-date price performance is -10.36%. Short interest in Talkspace Inc (NASDAQ:TALK) saw shorts transact 4.95 million shares and set a 1.72 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 -8.3% off suggested target high and 27.8% from its likely low.
Talkspace Inc (TALK) estimates and forecasts
The rating firms project that company’s revenue will grow 21.03% compared to the previous financial year.
Revenue forecast for the current quarter as set by 6 analysts is 51.94M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 53.97M.Earnings reports from the last fiscal year show that sales brought in 45.42M and 46.06M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 14.38% before jumping 17.18% in the following quarter.
TALK Dividends
Talkspace Inc has its next earnings report out on 2025-Feb-19. 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 3.79% of total outstanding shares, with institutional holders owning 60.33% of the shares at 62.71% float percentage. In total, 60.33% 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 8.6923% 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 6.7045% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $22.53 million.
