Markforged Holding Corporation (NYSE: MKFG) saw a 23.81% intraday increase in its shares, closing at $0.78 on Friday. The stock reached a weekly high of $0.7852, despite being down by 194.87% from its 52-week high of $2.30. However, it has risen by 20.51% from its 52-week low of $0.62.
The company, valued at $153.93M, has seen its shares fall by 2.50% over the past six months and a year-to-date growth rate lower than the industry average at 3.23% against 11.80%. The current-quarter earnings per share are estimated at Mitsubishi UFJ (NYSE:MUFG) Financial Group.
Analysts have given Markforged an Overweight recommendation with a mean rating of 2.33 and a consensus price target of $1.50, suggesting a potential increase of 48% from its current value. The highest and lowest target prices are $2.00 and $1.00, respectively.
Markforged is set to release its next earnings report on November 13 and has a forward dividend ratio of 0, with a share yield of 0.00%. Insiders hold 8.99% of the company's outstanding shares, while institutional holders own 67.28%, with ARK Investment Management, LLC and Senvest Management LLC being the leading institutional shareholders.
Meanwhile, Talkspace Inc (TALK) reported a decrease of 4.44%, opening trading at $1.72 on Thursday, November 2, 2023, before closing at $1.80 after peaking at $1.99 and dipping to $1.71 during the day.
The healthcare sector company has seen yearly sales growth of 51.32% over the last five years and an EPS of 74.51% this year. Talkspace, with a market capitalization of $286.41 million, has shares outstanding amounting to $161.16 million and a float of $113.95 million.
The company's gross margin is +50.13, operating margin is -64.42, and Pretax Margin is -66.42. Talkspace's insider ownership stands at 31.57%, compared to 31.09% institutional ownership in the Health Information Services industry.
The last quarter earnings report, released on June 29, 2023, showed an EPS of -$0.03, beating the forecasted -$0.05 by $0.02, with a net margin of -66.63 and a return on equity of -49.82.
Talkspace's Diluted EPS for the trailing twelve months is -0.31, expected to reach -0.03 in the next quarter, and predicted to be -0.04 at the market close of one year from today.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.