Talkspace Inc [TALK] stock prices are up 0.63% to $3.17 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The TALK shares have gain 6.38% over the last week, with a monthly amount drifted -8.65%, and not 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 09, 2024, when KeyBanc Capital Markets initiated its Overweight rating and assigned the stock a price target of $4.50. Previously, Mizuho started tracking the stock with Outperform rating on December 04, 2024, and set its price target to $5. On November 20, 2024, Northland Capital initiated with a Outperform rating and assigned a price target of $5 on the stock. Needham started tracking the stock assigning a Hold rating. Barclays initiated its recommendation with a Equal Weight and recommended $2.50 as its price target on January 03, 2024. Jefferies started tracking with a Hold rating for this stock on December 02, 2021, and assigned it a price target of $2. In a note dated November 16, 2021, SVB Leerink downgraded an Mkt Perform rating on this stock.
The stock price of Talkspace Inc [TALK] has been fluctuating between $1.60 and $3.92 over the past year. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. Talkspace Inc [NASDAQ: TALK] shares were valued at $3.17 at the most recent close of the market. An investor can expect a potential drop of -21.14% based on the average TALK price forecast.
Analyzing the TALK fundamentals
The Talkspace Inc [NASDAQ:TALK] reported sales of 181.29M for trailing twelve months, representing a surge of 22.65%. 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 3.07 points at the first support level, and at 2.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.23, and for the 2nd resistance point, it is at 3.30.
Ratios To Look Out For
It’s worth pointing out that Talkspace Inc [NASDAQ:TALK]’s Current Ratio is 6.90. On the other hand, the Quick Ratio is 6.90, and the Cash Ratio is 6.25. Considering the valuation of this stock, the price to sales ratio is 2.89, the price to book ratio is 4.55.
Transactions by insiders
Recent insider trading involved Warfield Curtis, Officer, that happened on Dec 17 ’24 when 0.11 million shares were purchased. CTO, Margolin Gil completed a deal on Dec 11 ’24 to buy 14537.0 shares. Meanwhile, CTO Margolin Gil bought 3516.0 shares on Dec 02 ’24.
