Talkspace Inc (TALK) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 1.49 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.05 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $3.06 whereas the lowest price it dropped to was $2.98. The 52-week range on TALK shows that it touched its highest point at $3.92 and its lowest point at $1.60 during that stretch. It currently has a 1-year price target of $4.88. Beta for the stock currently stands at 1.14.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TALK was down-trending over the past week, with a drop of -9.20%, but this was down by -14.20% over a month. Three-month performance surged to 43.69% while six-month performance rose 27.04%. The stock gained 17.00% in the past year, while it has gained 16.54% so far this year. A look at the trailing 12-month EPS for TALK yields -0.01 with Next year EPS estimates of 0.07. For the next quarter, that number is 0.01. This implies an EPS growth rate of 108.33% for this year and 580.33% for next year.

Float and Shares Shorts:

At present, 168.82 million TALK shares are outstanding with a float of 135.94 million shares on hand for trading. On 2024-11-29, short shares totaled 4.51 million, which was 267.00001000000003 higher than short shares on 1730332800. In addition to Dr. Jon R. Cohen M.D. as the firm’s CEO & Director, Mr. Gil Margolin serves as its Chief Technology Officer.

Institutional Ownership:

Through their ownership of 0.59907 of TALK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, TALK reported revenue of $47399000.0 and operating income of $99000.0. The EBITDA in the recently reported quarter was $330000.0 and diluted EPS was $0.01.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TALK since 2 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With TALK analysts setting a high price target of 5.0 and a low target of 4.5, the average target price over the next 12 months is 4.875. Based on these targets, TALK could surge 65.56% to reach the target high and rise by 49.01% to reach the target low. Reaching the average price target will result in a growth of 61.42% from current levels.

Analysts have provided yearly estimates in a range of $0.01012299 being high and $0.00987996 being low. For TALK, this leads to a yearly average estimate of $0.01. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.