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: $2.15 to $2.28
• 50-Day Range: $1.65 to $2.30
• 52-Week Range: $1.41 to $3.92
• Volume: 3.97 million shs
• Average Volume: 1.44 million shs
• Market Capitalization: $371.61 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.00
• Consensus Rating: Hold

Talkspace Stock Analysis - MarketRank™

Talkspace scored higher than 53% of companies evaluated by MarketBeat, and ranked 534th out of 1,006 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: 3.0 / 5
• Analyst Rating: Hold

Consensus Rating

Talkspace has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Talkspace has only been the subject of 1 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 ($0.04) to $0.04 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Talkspace is -27.38, 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 -27.38, 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 3.08. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.22% 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 4.7.

Change versus previous month

Short interest in Talkspace has recently decreased by 0.15%, indicating that investor sentiment is improving.

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

5.22% 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 4.7.

Change versus previous month

Short interest in Talkspace has recently decreased by 0.15%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.42

News Sentiment

Talkspace has a news sentiment score of 0.42. 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 news sentiment score is similar to the average news sentiment of Medical companies.

News Coverage This Week

MarketBeat has tracked 15 news articles for Talkspace this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for TALK on MarketBeat in the last 30 days. This is an increase of 450% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Talkspace to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 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

18.40% 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 on January 1st, 2024. Since then, TALK shares have decreased by 13.8% and is now trading at $2.19.
View the best growth stocks for 2024 here.

How were Talkspace's earnings last quarter?

Talkspace, Inc. (NASDAQ:TALK) announced its earnings results on Thursday, February, 22nd. The company reported ($0.01) EPS for the quarter, topping analysts' consensus estimates of ($0.04) by $0.03. The business earned $42.42 million during the quarter, compared to analyst estimates of $38.30 million. Talkspace had a negative net margin of 4.44% and a negative trailing twelve-month return on equity of 6.52%.

Who are Talkspace's major shareholders?

Top institutional shareholders of Talkspace include Divisadero Street Capital Management LP (1.83%), Renaissance Technologies LLC (0.86%), Clearline Capital LP (0.57%) and Davidson Kempner Capital Management LP (0.24%). 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.

Company Calendar

• Last Earnings: 2/22/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/07/2024
• Fiscal Year End: 12/31/2024

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: $3.00
• High Stock Price Target: $3.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +37.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.08)
• 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: -4.44%
• Pretax Margin: -4.29%
• Return on Equity: -6.52%
• Return on Assets: -5.52%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 7.24
• Quick Ratio: 7.24

Sales & Book Value

• Annual Sales: $172.54 million
• Price / Sales: 2.15
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.71 per share
• Price / Book: 3.08

Miscellaneous

• Outstanding Shares: 169,685,000
• Free Float: 138,463,000
• Market Cap: $371.61 million
• Optionable: Optionable
• Beta: 1.21