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TALK

TalkspaceNasdaqGS:TALK Stock Report

Market Cap

US$348.8m

7D

-3.2%

1Y

-78.3%

Updated

02 Dec, 2021

Data

Company Financials +
TALK fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health6/6
Dividends0/6

TALK Stock Overview

Talkspace Inc. operates as a virtual behavior healthcare company.

Talkspace Competitors

Oak Street Health

NYSE:OSH

US$7.5b

1Life Healthcare

NasdaqGS:ONEM

US$3.0b

Accolade

NasdaqGS:ACCD

US$1.7b

SOC Telemed

NasdaqGS:TLMD

US$204.7m

Price History & Performance

Summary of all time highs, changes and price drops for Talkspace
Historical stock prices
Current Share PriceUS$2.13
52 Week HighUS$12.45
52 Week LowUS$1.98
Beta0
1 Month Change-42.12%
3 Month Change-61.90%
1 Year Change-78.27%
3 Year Changen/a
5 Year Changen/a
Change since IPO-78.91%

Recent News & Updates

Oct 04

Talkspace: A Deserved Decline May Have Gone A Bit Too Far

Even by the standards of the SPAC bust, Talkspace has been a notable underperformer. There are a number of good reasons for a decline, including margin compression, sector pressure, and a clear risk to the long-term revenue outlook. Still, a 60%-plus decline does seem potentially overwrought, and there are some potentially transitory factors at play. The short- and long-term concerns are real, but investors willing to catch a falling knife should take a look at TALK stock.

Shareholder Returns

TALKUS HealthcareUS Market
7D-3.2%-4.2%-4.9%
1Y-78.3%14.6%17.8%

Return vs Industry: TALK underperformed the US Healthcare industry which returned 17% over the past year.

Return vs Market: TALK underperformed the US Market which returned 20% over the past year.

Price Volatility

Is TALK's price volatile compared to industry and market?
TALK volatility
TALK Average Weekly Movement12.9%
Healthcare Industry Average Movement6.4%
Market Average Movement6.0%
10% most volatile stocks in US Market15.1%
10% least volatile stocks in US Market2.4%

Stable Share Price: TALK is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: TALK's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a261Doug Braunsteinhttps://www.talkspace.com

Talkspace Inc. operates as a virtual behavior healthcare company. It delivers healthcare through encrypted web and mobile platform. The company offers treatment options for every need, including psychiatry or adolescent, individual, or couples therapy.

Talkspace Fundamentals Summary

How do Talkspace's earnings and revenue compare to its market cap?
TALK fundamental statistics
Market CapUS$348.78m
Earnings (TTM)-US$52.81m
Revenue (TTM)US$110.19m

2.9x

P/S Ratio

-6.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TALK income statement (TTM)
RevenueUS$110.19m
Cost of RevenueUS$50.34m
Gross ProfitUS$59.85m
ExpensesUS$112.65m
Earnings-US$52.81m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.35
Gross Margin54.31%
Net Profit Margin-47.92%
Debt/Equity Ratio0.0%

How did TALK perform over the long term?

See historical performance and comparison

Valuation

Is Talkspace undervalued compared to its fair value and its price relative to the market?

1.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TALK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TALK's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TALK is unprofitable, so we can't compare its PE Ratio to the US Healthcare industry average.

PE vs Market: TALK is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TALK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TALK is good value based on its PB Ratio (1.6x) compared to the US Healthcare industry average (2.7x).


Future Growth

How is Talkspace forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

7.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TALK is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: TALK is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: TALK is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: TALK's revenue (26% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: TALK's revenue (26% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TALK is forecast to be unprofitable in 3 years.


Past Performance

How has Talkspace performed over the past 5 years?

-161.6%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: TALK is currently unprofitable.

Growing Profit Margin: TALK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if TALK's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare TALK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TALK is unprofitable, making it difficult to compare its past year earnings growth to the Healthcare industry (32.5%).


Return on Equity

High ROE: TALK has a negative Return on Equity (-25.52%), as it is currently unprofitable.


Financial Health

How is Talkspace's financial position?


Financial Position Analysis

Short Term Liabilities: TALK's short term assets ($238.2M) exceed its short term liabilities ($30.0M).

Long Term Liabilities: TALK's short term assets ($238.2M) exceed its long term liabilities ($12.1M).


Debt to Equity History and Analysis

Debt Level: TALK is debt free.

Reducing Debt: TALK has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TALK has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: TALK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 29.2% each year


Dividend

What is Talkspace current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TALK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TALK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TALK's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TALK's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TALK's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.7yrs

Average management tenure


CEO

Doug Braunstein (60 yo)

no data

Tenure

Mr. Douglas Lee Braunstein, also known as Doug, J.D., is President, Chairman and Director of Hudson Executive Investment Corp. I (HEIC I) and Hudson Executive Investment Corp. since February 2020. He is al...


Leadership Team

Experienced Management: TALK's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: TALK's board of directors are not considered experienced ( 0.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Talkspace, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Talkspace, Inc.
  • Ticker: TALK
  • Exchange: NasdaqGS
  • Founded: NaN
  • Industry: Health Care Services
  • Sector: Healthcare
  • Market Cap: US$348.784m
  • Shares outstanding: 152.31m
  • Website: https://www.talkspace.com

Number of Employees


Location

  • Talkspace, Inc.
  • 2578 Broadway
  • Suite 607
  • New York
  • New York
  • 10025
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 00:10
End of Day Share Price2021/12/01 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.