Talkspace (TALK) Stock Price, News & Analysis

Company Overview

Talkspace, Inc. operates as a virtual behavioral healthcare company in the United States. The company offers psychotherapy and psychiatry services through its platform to individuals, enterprises, and health plans and employee assistance programs. It provides text, audio, and video-based psychotherapy from licensed therapists. The company offers Talkspace Employee Assistance Program (EAP) and Talkspace Behavioral Health plan (BH) that provides online therapy to members through BH and EAP offerings; and Talkspace for Business for members to access its platform services on a benefit plan paid by the enterprise. It serves its platform through third-party platforms or marketplace, such as Apple App Store and Google Play App Store. Talkspace, Inc. was founded in 2012 and is headquartered in New York, New York.

Key Stats

• Today's Range: $3.04 to $3.20
• 50-Day Range: $1.84 to $3.47
• 52-Week Range: $1.60 to $3.92
• Volume: 1.56 million shs
• Average Volume: 1.61 million shs
• Market Capitalization: $533.79 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $4.00
• Consensus Rating: Hold

Talkspace Stock Analysis - MarketRank™

Talkspace scored higher than 76% of companies evaluated by MarketBeat, and ranked 702nd out of 963 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Talkspace has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Talkspace has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Talkspace are expected to grow in the coming year, from ($0.03) to $0.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Talkspace is -316.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Talkspace is -316.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Talkspace has a P/B Ratio of 4.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.72% of the float of Talkspace has been sold short.

Short Interest Ratio / Days to Cover

Talkspace has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Talkspace has recently decreased by 20.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Talkspace does not currently pay a dividend.

Dividend Growth

Talkspace does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.72% of the float of Talkspace has been sold short.

Short Interest Ratio / Days to Cover

Talkspace has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Talkspace has recently decreased by 20.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.74

News Sentiment

Talkspace has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Talkspace this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for TALK on MarketBeat in the last 30 days. This is a decrease of -82% compared to the previous 30 days.

MarketBeat Follows

4 people have added Talkspace to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Talkspace insiders have bought more of their company's stock than they have sold. Specifically, they have bought $91,641.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

21.70% of the stock of Talkspace is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

57.37% of the stock of Talkspace is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

TALK Stock Analysis - Frequently Asked Questions

How have TALK shares performed this year?

Talkspace's stock was trading at $2.54 at the start of the year. Since then, TALK stock has increased by 24.4% and is now trading at $3.16.
View the best growth stocks for 2024 here.

How were Talkspace's earnings last quarter?

Talkspace, Inc. (NASDAQ:TALK) issued its earnings results on Tuesday, October, 29th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $47.40 million for the quarter, compared to the consensus estimate of $47.50 million. Talkspace had a negative trailing twelve-month return on equity of 1.17% and a negative net margin of 0.76%.

Who are Talkspace's major shareholders?

Talkspace's top institutional investors include Geode Capital Management LLC (1.78%), State Street Corp (1.29%), Clearline Capital LP (0.74%) and Royce & Associates LP (0.30%). Insiders that own company stock include John Charles Reilly, Katelyn Watson and Gil Margolin.
View institutional ownership trends.

How do I buy shares of Talkspace?

Shares of TALK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Talkspace own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Talkspace investors own include Waste Connections (WCN), The RMR Group (RMR), American Water Works (AWK), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/29/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Medical
• Industry: Health services
• Sub-Industry: N/A
• Current Symbol: NASDAQ:TALK
• CUSIP: N/A
• CIK: 1803901
• Web: www.talkspace.com
• Phone: 212-284-7206
• Fax: N/A
• Employees: 472
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.00
• High Stock Price Target: $5.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +26.6%
• Consensus Rating: Hold
• Rating Score (0-4): 2.33
• Research Coverage: 3 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.01)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-19,180,000.00
• Net Margins: -0.76%
• Pretax Margin: -0.66%
• Return on Equity: -1.17%
• Return on Assets: -0.99%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 6.90
• Quick Ratio: 6.90

Sales & Book Value

• Annual Sales: $150.04 million
• Price / Sales: 3.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.71 per share
• Price / Book: 4.45

Miscellaneous

• Outstanding Shares: 168,920,000
• Free Float: 132,267,000
• Market Cap: $533.79 million
• Optionable: Optionable
• Beta: 1.11