Market Highlights: Talkspace Inc (TALK) Ends on a High Note at 1.79

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The price of Talkspace Inc (NASDAQ: TALK) closed at $1.79 in the last session, up 1.13% from day before closing price of $1.77. In other words, the price has increased by $1.13 from its previous closing price. On the day, 0.77 million shares were traded. TALK stock price reached its highest trading level at $1.8 during the session, while it also had its lowest trading level at $1.73.

Ratios:

We take a closer look at TALK’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.24 and its Current Ratio is at 7.24. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On January 03, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $2.50.

On December 02, 2021, Jefferies started tracking the stock assigning a Hold rating and target price of $2.Jefferies initiated its Hold rating on December 02, 2021, with a $2 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when Watson Katelyn sold 94,018 shares for $2.70 per share. The transaction valued at 253,849 led to the insider holds 478,473 shares of the business.

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 301099488 and an Enterprise Value of 186186912. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.75 while its Price-to-Book (P/B) ratio in mrq is 2.64. Its current Enterprise Value per Revenue stands at 1.079 whereas that against EBITDA is -15.622.

Stock Price History:

Over the past 52 weeks, TALK has reached a high of $3.92, while it has fallen to a 52-week low of $1.41. The 50-Day Moving Average of the stock is -11.35%, while the 200-Day Moving Average is calculated to be -28.58%.

Shares Statistics:

According to the various share statistics, TALK traded on average about 1.52M shares per day over the past 3-months and 715500 shares per day over the past 10 days. A total of 168.43M shares are outstanding, with a floating share count of 128.25M. Insiders hold about 23.76% of the company’s shares, while institutions hold 49.16% stake in the company. Shares short for TALK as of 1722384000 were 7542451 with a Short Ratio of 4.97, compared to 1719532800 on 4523988. Therefore, it implies a Short% of Shares Outstanding of 7542451 and a Short% of Float of 5.86.

Earnings Estimates

The current market rating for Talkspace Inc (TALK) reflects the collective analysis of 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.0.

Analysts are recommending an EPS of between $0.01 and -$0.02 for the fiscal current year, implying an average EPS of $0.0. EPS for the following year is $0.05, with 4.0 analysts recommending between $0.08 and $0.03.

Revenue Estimates

According to 3 analysts, the current quarter’s revenue is expected to be $47.48M. It ranges from a high estimate of $47.76M to a low estimate of $47.18M. As of the current estimate, Talkspace Inc’s year-ago sales were $38.65MFor the next quarter, 3 analysts are estimating revenue of $51.97M. There is a high estimate of $53.77M for the next quarter, whereas the lowest estimate is $50.79M.

A total of 4 analysts have provided revenue estimates for TALK’s current fiscal year. The highest revenue estimate was $193M, while the lowest revenue estimate was $190.01M, resulting in an average revenue estimate of $191.43M. In the same quarter a year ago, actual revenue was $150.04MBased on 4 analysts’ estimates, the company’s revenue will be $227.16M in the next fiscal year. The high estimate is $233.93M and the low estimate is $222.57M.

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