Analyzing the Price-to-Earnings Ratio of Talkspace Inc (TALK)

The 36-month beta value for TALK is also noteworthy at 1.26. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

The public float for TALK is 119.90M, and at present, short sellers hold a 2.33% of that float. The average trading volume of TALK on April 03, 2024 was 1.18M shares.

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TALK) stock’s latest price update

Talkspace Inc (NASDAQ: TALK) has experienced a rise in its stock price by 2.46 compared to its previous closing price of 3.46. However, the company has seen a fall of -1.53% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-02 that Talkspace is a US-based online healthcare company providing mental health therapy services. The company’s stock performance has been lackluster since going public in 2020, but it has seen improvement in fundamentals and revenue growth. I expect the referral-based partnership strategy to be a key catalyst for growth and margin expansion in FY 2024.

TALK’s Market Performance

Talkspace Inc (TALK) has seen a -1.53% fall in stock performance for the week, with a 21.40% gain in the past month and a 48.95% surge in the past quarter. The volatility ratio for the week is 4.67%, and the volatility levels for the past 30 days are at 5.14% for TALK. The simple moving average for the past 20 days is 6.91% for TALK’s stock, with a 70.84% simple moving average for the past 200 days.

Analysts’ Opinion of TALK

Many brokerage firms have already submitted their reports for TALK stocks, with Barclays repeating the rating for TALK by listing it as a “Equal Weight.” The predicted price for TALK in the upcoming period, according to Barclays is $2.50 based on the research report published on January 03, 2024 of the current year 2024.

Jefferies, on the other hand, stated in their research note that they expect to see TALK reach a price target of $2. The rating they have provided for TALK stocks is “Hold” according to the report published on December 02nd, 2021.

TALK Trading at 25.41% from the 50-Day Moving Average

After a stumble in the market that brought TALK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.84% of loss for the given period.

Volatility was left at 5.14%, however, over the last 30 days, the volatility rate increased by 4.67%, as shares surge +19.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +50.43% upper at present.

During the last 5 trading sessions, TALK fell by -1.81%, which changed the moving average for the period of 200-days by +189.75% in comparison to the 20-day moving average, which settled at $3.35. In addition, Talkspace Inc saw 39.57% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for TALK

Current profitability levels for the company are sitting at:

  • -0.15 for the present operating margin
  • 0.5 for the gross margin

The net margin for Talkspace Inc stands at -0.13. The total capital return value is set at -0.19. Equity return is now at value -15.58, with -12.85 for asset returns.

Currently, EBITDA for the company is -22.01 million with net debt to EBITDA at 5.63. When we switch over and look at the enterprise to sales, we see a ratio of 3.17. The receivables turnover for the company is 14.75for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.46.

Conclusion

In summary, Talkspace Inc (TALK) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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