Talkspace (NASDAQ:TALK - Get Free Report) is set to release its earnings data before the market opens on Tuesday, May 7th. Analysts expect Talkspace to post earnings of ($0.02) per share for the quarter. Talkspace has set its FY 2024 guidance at EPS.Persons interested in listening to the company's earnings conference call can do so using this link.
Talkspace (NASDAQ:TALK - Get Free Report) last announced its quarterly earnings results on Thursday, February 22nd. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.03. Talkspace had a negative net margin of 12.78% and a negative return on equity of 16.06%. The company had revenue of $42.42 million for the quarter, compared to analyst estimates of $38.30 million. During the same quarter last year, the business earned ($0.08) earnings per share. On average, analysts expect Talkspace to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Talkspace Stock Performance
Shares of NASDAQ:TALK traded down $0.03 during trading hours on Tuesday, hitting $3.06. The stock had a trading volume of 447,082 shares, compared to its average volume of 1,218,004. Talkspace has a 1-year low of $0.74 and a 1-year high of $3.92. The firm has a market capitalization of $516.83 million, a price-to-earnings ratio of -25.75 and a beta of 1.26. The stock's fifty day simple moving average is $3.21 and its 200 day simple moving average is $2.54.
Analysts Set New Price Targets
A number of research analysts recently commented on TALK shares. TheStreet upgraded shares of Talkspace from a "d" rating to a "c-" rating in a research note on Thursday, February 22nd. Barclays raised their price objective on shares of Talkspace from $2.50 to $3.00 and gave the company an "equal weight" rating in a research note on Friday, February 23rd.
Read Our Latest Analysis on Talkspace
About Talkspace
(
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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.
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