Talkspace Inc (NASDAQ: TALK) closed the day trading at $2.88 up 0.70% from the previous closing price of $2.86. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 1682571 shares were traded. TALK stock price reached its highest trading level at $2.9000 during the session, while it also had its lowest trading level at $2.7800.
Ratios:
For a better understanding of TALK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.60 and its Current Ratio is at 6.46. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on January 03, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $2.50.
On December 02, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $2.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TALK now has a Market Capitalization of 482.07M and an Enterprise Value of 358.16M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.21 while its Price-to-Book (P/B) ratio in mrq is 4.09. Its current Enterprise Value per Revenue stands at 2.39 whereas that against EBITDA is -16.27.
Stock Price History:
Over the past 52 weeks, TALK has reached a high of $2.92, while it has fallen to a 52-week low of $0.58. The 50-Day Moving Average of the stock is 2.4244, while the 200-Day Moving Average is calculated to be 1.8005.
Shares Statistics:
Over the past 3-months, TALK traded about 1.01M shares per day on average, while over the past 10 days, TALK traded about 1.91M shares per day. A total of 161.16M shares are outstanding, with a floating share count of 114.95M. Insiders hold about 31.20% of the company’s shares, while institutions hold 39.70% stake in the company. Shares short for TALK as of Jan 31, 2024 were 2.95M with a Short Ratio of 2.91, compared to 2.32M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.77% and a Short% of Float of 2.31%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of -$0.01 for the current quarter, with a high estimate of $0 and a low estimate of -$0.01, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0.02 and $0 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.05, with 3 analysts recommending between $0.07 and $0.04.
Revenue Estimates
2 analysts predict $44.5M in revenue for the current quarter. It ranges from a high estimate of $44.69M to a low estimate of $44.3M. As of the current estimate, Talkspace Inc’s year-ago sales were $33.34M, an estimated increase of 33.50% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $46.4M, an increase of 30.20% less than the figure of $33.50% in the same quarter last year. There is a high estimate of $46.71M for the next quarter, whereas the lowest estimate is $46.1M.
A total of 3 analysts have provided revenue estimates for TALK’s current fiscal year. The highest revenue estimate was $192.7M, while the lowest revenue estimate was $189.95M, resulting in an average revenue estimate of $191.55M. In the same quarter a year ago, actual revenue was $150.04M, up 27.70% from the average estimate. Based on 3 analysts’ estimates, the company’s revenue will be $227.33M in the next fiscal year. The high estimate is $227.51M and the low estimate is $227M. The average revenue growth estimate for next year is up 18.70% from the average revenue estimate for this year.
