Wall Street Analyst Initiated Teladoc Health Inc [TDOC]. What else is Wall St. saying

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Teladoc Health Inc [NYSE: TDOC] closed the trading session at $9.00.

The stocks have a year to date performance of -58.24 percent and weekly performance of -5.96 percent. The stock has been moved at -24.50 percent over the last six months. The stock has performed -0.11 percent around the most recent 30 days and changed 26.58 percent over the most recent 3-months.

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If compared to the average trading volume of 5.53M shares, TDOC reached to a volume of 3471376 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say 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 $10.59 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 2.55. 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.

Goldman have made an estimate for Teladoc Health Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 15, 2024. While these analysts kept the previous recommendation, Jefferies dropped their target price from $8 to $10. The new note on the price target was released on September 17, 2024, representing the official price target for Teladoc Health Inc stock. Previously, the target price had yet another raise to $22, while Cantor Fitzgerald analysts kept a Overweight rating on TDOC stock.

The Average True Range (ATR) for Teladoc Health Inc is set at 0.57, 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 1.03, with the Price to Cash per share for the same quarter was set at 7.22. Price to Free Cash Flow for TDOC in the course of the last twelve months was 4.67 with Quick ratio for the last quarter at 1.65.

TDOC stock trade performance evaluation

Teladoc Health Inc [TDOC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.96. With this latest performance, TDOC shares dropped by -0.11% in over the last four-week period, additionally sinking by -24.50% over the last 6 months – not to mention a drop of -48.48% 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 48.18, with the RSI for the last a single of trading hit 45.43, and the three-weeks RSI is set at 49.66 for Teladoc Health Inc [TDOC]. The present Moving Average for the last 50 days of trading for this stock 9.00, while it was recorded at 9.03 for the last single week of trading, and 11.15 for the last 200 days.

Teladoc Health Inc [TDOC]: An insightful look at the core fundamentals

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.

Teladoc Health Inc [TDOC]: Institutional Ownership

There are presently around $77.20%, or 77.83%% 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%.