Teladoc Health Inc [NYSE: TDOC] price surged by 5.45 percent to reach at $0.44.
A sum of 7189618 shares traded at recent session while its average daily volume was at 6.23M shares. Teladoc Health Inc shares reached a high of $8.52 and dropped to a low of $8.05 until finishing in the latest session at $8.51.
The one-year TDOC stock forecast points to a potential upside of 3.3. The average equity rating for TDOC stock is currently 2.60, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 $8.80 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 2.60. 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 Price to Book ratio for the last quarter was 1.05, with the Price to Cash per share for the same quarter was set at 6.80. Price to Free Cash Flow for TDOC in the course of the last twelve months was 5.18 with Quick ratio for the last quarter at 1.61.
TDOC Stock Performance Analysis:
Teladoc Health Inc [TDOC] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.30. With this latest performance, TDOC shares gained by 22.80% in over the last four-week period, additionally sinking by -10.61% over the last 6 months – not to mention a drop of -6.38% in the past year of trading.
Insight into Teladoc Health Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Teladoc Health Inc [TDOC] shares currently have an operating margin of -7.31% and a Gross Margin at 56.24%. Teladoc Health Inc’s Net Margin is presently recorded at -39.66%.
Return on Equity for this stock declined to -26.07%, with Return on Assets sitting at -26.07%.
TDOC Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TDOC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teladoc Health Inc go to 45.59%.
Teladoc Health Inc [TDOC] Institutonal Ownership Details
There are presently around $74.25%, or 74.98% 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 12.6952%. 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 4.3948%.
