A share price of Talkspace Inc [TALK] is currently trading at $3.61, up 5.56%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TALK shares have gain 9.06% over the last week, with a monthly amount glided 15.34%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Talkspace Inc [NASDAQ: TALK] stock has seen the most recent analyst activity on December 04, 2024, when Mizuho initiated its Outperform rating and assigned the stock a price target of $5. Previously, Northland Capital started tracking the stock with Outperform rating on November 20, 2024, and set its price target to $5. On July 01, 2024, Needham initiated with a Hold rating. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $2.50 on January 03, 2024. Jefferies initiated its recommendation with a Hold and recommended $2 as its price target on December 02, 2021. SVB Leerink downgraded its rating to Mkt Perform for this stock on November 16, 2021. In a note dated November 16, 2021, Robert W. Baird downgraded an Neutral rating on this stock and revised its target price from $10 to $3.
Talkspace Inc experienced fluctuations in its stock price throughout the past year between $1.60 and $3.92. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Talkspace Inc [NASDAQ: TALK] shares were valued at $3.61 at the most recent close of the market. An investor can expect a potential drop of -30.75% based on the average TALK price forecast.
Analyzing the TALK fundamentals
Trailing Twelve Months sales for Talkspace Inc [NASDAQ:TALK] were 181.29M which represents 22.65% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.04 and Total Capital is -0.06.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.49 points at the first support level, and at 3.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.75, and for the 2nd resistance point, it is at 3.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Talkspace Inc [NASDAQ:TALK] is 6.90. As well, the Quick Ratio is 6.90, while the Cash Ratio is 6.25. Considering the valuation of this stock, the price to sales ratio is 3.36, the price to book ratio is 5.18.
Transactions by insiders
Recent insider trading involved Margolin Gil, CTO, that happened on Dec 02 ’24 when 3516.0 shares were purchased. Chief Technology Officer, Margolin Gil completed a deal on Nov 20 ’24 to sell 0.13 million shares. Meanwhile, CTO Margolin Gil bought 0.19 million shares on Nov 20 ’24.
