Teladoc Health Inc (NYSE: TDOC): To Buy Or Not To Buy, That Is The Question

Teladoc Health Inc (TDOC) concluded trading on Thursday at a closing price of $11.97, with 18.53 million shares of worth about $221.76 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 59.81% during that period and on February 06, 2025 the price saw a gain of about 8.82%. Currently the company’s common shares owned by public are about 171.94M shares, out of which, 168.52M shares are available for trading.

Stock saw a price change of 15.76% in past 5 days and over the past one month there was a price change of 20.54%. Year-to-date (YTD), TDOC shares are showing a performance of 31.68% which decreased to -36.97% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $6.76 but also hit the highest price of $21.74 during that period. The average intraday trading volume for Teladoc Health Inc shares is 4.90 million. The stock is currently trading 19.15% above its 20-day simple moving average (SMA20), while that difference is up 17.48% for SMA50 and it goes to 23.11% higher than SMA200.

Teladoc Health Inc (NYSE: TDOC) currently have 171.94M outstanding shares and institutions hold larger chunk of about 73.30% of that.

The stock has a current market capitalization of $2.06B and its 3Y-monthly beta is at 1.26. It has posted earnings per share of -$5.78 in the same period. It has Quick Ratio of 1.65 while making debt-to-equity ratio of 1.05. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TDOC, volatility over the week remained 8.42% while standing at 6.45% over the month.

Analysts are in expectations that Teladoc Health Inc (TDOC) stock would likely to be making an EPS of -0.29 in the current quarter, while forecast for next quarter EPS is -0.37 and it is -1.03 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.36 which is -0.22 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.14 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -334.11% while it is estimated to increase by 84.79% in next year. EPS is likely to grow at an annualized rate of 15.98% for next 5-years, compared to annual growth of 1.91% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Goldman on November 15, 2024 offering a Buy rating for the stock and assigned a target price of $14 to it. Coverage by Jefferies stated Teladoc Health Inc (TDOC) stock as a Hold in their note to investors on September 17, 2024, suggesting a price target of $10 for the stock. On February 29, 2024, Cantor Fitzgerald Initiated their recommendations, while on February 26, 2024, Leerink Partners Initiated their ratings for the stock with a price target of $17. Stock get a Neutral rating from DA Davidson on January 17, 2024.

Most Popular

Related Posts