Talkspace (TALK) to Release Quarterly Earnings on Thursday

Talkspace (NASDAQ:TALK) will likely be announcing its earnings results before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $49.94 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Talkspace Stock Up 0.2 %

Shares of NASDAQ TALK opened at $4.09 on Wednesday. The business’s 50 day moving average price is $3.28 and its two-hundred day moving average price is $2.77. The company has a market cap of $690.88 million, a PE ratio of -409.00 and a beta of 1.14. Talkspace has a twelve month low of $1.60 and a twelve month high of $4.36.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on TALK shares. Northland Securities started coverage on Talkspace in a research report on Wednesday, November 20th. They set an “outperform” rating and a $5.00 price target on the stock. Northland Capmk raised Talkspace to a “strong-buy” rating in a research report on Wednesday, November 20th. Mizuho started coverage on Talkspace in a research report on Wednesday, December 4th. They set an “outperform” rating and a $5.00 price target on the stock. Barclays boosted their price target on Talkspace from $2.00 to $3.00 and gave the stock an “equal weight” rating in a research report on Tuesday, October 29th. Finally, KeyCorp started coverage on Talkspace in a research report on Monday, December 9th. They issued an “overweight” rating and a $4.50 target price on the stock. Two investment analysts have rated the stock with a hold rating, two have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $4.38.

About Talkspace

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.