Teladoc Health Inc [TDOC] moved down -3.69: Why It’s Important

Teladoc Health Inc [NYSE: TDOC] loss -3.69% on the last trading session, reaching $8.87 price per share at the time.

If compared to the average trading volume of 5.56M shares, TDOC reached a trading volume of 9942573 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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Here is what top equities market gurus are saying about Teladoc Health Inc [TDOC]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TDOC shares is $10.38 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TDOC stock is a recommendation set at 2.61. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Teladoc Health Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on September 17, 2024. While these analysts kept the previous recommendation, Cantor Fitzgerald raised their target price to Overweight. The new note on the price target was released on February 29, 2024, representing the official price target for Teladoc Health Inc stock. Previously, the target price had yet another raise to $17, while Leerink Partners analysts kept a Market Perform rating on TDOC stock. On January 17, 2024, analysts decreased their price target for TDOC shares from 33 to 22.

The Average True Range (ATR) for Teladoc Health Inc is set at 0.58, with the Price to Sales ratio for TDOC stock in the period of the last 12 months amounting to 0.60. The Price to Book ratio for the last quarter was 1.01, with the Price to Cash per share for the same quarter was set at 7.06. Price to Free Cash Flow for TDOC in the course of the last twelve months was 4.71 with Quick ratio for the last quarter at 1.65.

Trading performance analysis for TDOC stock

Teladoc Health Inc [TDOC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.38. With this latest performance, TDOC shares dropped by -1.88% in over the last four-week period, additionally sinking by -30.65% over the last 6 months – not to mention a drop of -47.61% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TDOC stock in for the last two-week period is set at 49.31, with the RSI for the last a single of trading hit 47.05, and the three-weeks RSI is set at 50.40 for Teladoc Health Inc [TDOC]. The present Moving Average for the last 50 days of trading for this stock 8.51, while it was recorded at 8.97 for the last single week of trading, and 11.79 for the last 200 days.

Teladoc Health Inc [TDOC]: A deeper dive into fundamental analysis

Teladoc Health Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.65 and a Current Ratio set at 1.69.

An analysis of Institutional ownership at Teladoc Health Inc [TDOC]

There are presently around $79.96%, or 80.62%% of TDOC stock, in the hands of institutional investors. The top three institutional holders of TDOC stocks are: BLACKROCK INC. with ownership of 21.61 million shares, which is approximately 12.8843%. VANGUARD GROUP INC, holding 17.22 million shares of the stock with an approximate value of $$168.38 million in TDOC stocks shares; and VANGUARD GROUP INC, currently with $$73.17 million in TDOC stock with ownership which is approximately 4.4603%.

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