A look into Talkspace Inc (TALK)’s deeper side

With 2.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.95 million shares. The 52-week range on TALK shows that it touched its highest point at $4.36 and its lowest point at $1.60 during that stretch. It currently has a 1-year price target of $5.00. Beta for the stock currently stands at 1.13.

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 up-trending over the past week, with a rise of 1.75%, but this was down by -18.94% over a month. Three-month performance dropped to -14.91% while six-month performance rose 53.97%. The stock lost -1.36% in the past year, while it has lost -5.83% so far this year. A look at the trailing 12-month EPS for TALK yields 0.01 with Next year EPS estimates of 0.12. For the next quarter, that number is 0.00. This implies an EPS growth rate of 483.33% for this year and 112.57% for next year.

Float and Shares Shorts:

At present, 168.92 million TALK shares are outstanding with a float of 135.28 million shares on hand for trading.

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.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.0102586 being high and $0.00978653 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.