Does Talkspace Inc (TALK) offer a good opportunity for investors?

With 1.27 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.33 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 down-trending over the past week, with a drop of -2.88%, but this was up by 11.76% over a month. Three-month performance dropped to -15.56% while six-month performance fell -2.88%. The stock lost -4.40% in the past year, while it has lost -1.62% so far this year. A look at the trailing 12-month EPS for TALK yields 0.01 with Next year EPS estimates of 0.10. For the next quarter, that number is 0.01. This implies an EPS growth rate of 383.33% for this year and 103.45% for next year.

Float and Shares Shorts:

At present, 167.37 million TALK shares are outstanding with a float of 134.13 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 $0.01029356 being high and $0.00987742 being low. For TALK, this leads to a yearly average estimate of $0.01.