A share price of Teladoc Health Inc [TDOC] is currently trading at $8.16, up 0.87%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TDOC shares have gain 13.49% over the last week, with a monthly amount glided 15.58%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Teladoc Health Inc [NYSE: TDOC] stock has seen the most recent analyst activity on February 29, 2024, when Cantor Fitzgerald initiated its Overweight rating and assigned the stock a price target of $22. Previously, Leerink Partners started tracking the stock with Market Perform rating on February 26, 2024, and set its price target to $17. On January 17, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $22 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $26 on January 03, 2024. Stephens initiated its recommendation with a Equal-Weight and recommended $25 as its price target on April 12, 2023. SVB Securities upgraded its rating to Outperform for this stock on February 23, 2023, but kept the price target unchanged to $34. In a note dated October 24, 2022, Guggenheim upgraded an Neutral rating on this stock.
Teladoc Health Inc experienced fluctuations in its stock price throughout the past year between $6.76 and $22.54. Currently, Wall Street analysts expect the stock to reach $52.65 within the next 12 months. Teladoc Health Inc [NYSE: TDOC] shares were valued at $8.16 at the most recent close of the market. An investor can expect a potential return of 545.22% based on the average TDOC price forecast.
Analyzing the TDOC fundamentals
Trailing Twelve Months sales for Teladoc Health Inc [NYSE:TDOC] were 2.61B which represents -1.53% decline. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.11%, Pretax Profit Margin comes in at -0.38%, and Net Profit Margin reading is -0.39%. To continue investigating profitability, this company’s Return on Assets is posted at -0.29, Equity is -0.48 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.07 points at the first support level, and at 7.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.32, and for the 2nd resistance point, it is at 8.47.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Teladoc Health Inc [NYSE:TDOC] is 1.62. As well, the Quick Ratio is 1.59, while the Cash Ratio is 1.25. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 0.93.
Transactions by insiders
Recent insider trading involved Trencher Daniel, Former Officer, that happened on Sep 16 ’24 when 9960.0 shares were purchased. Director, MCKINLEY THOMAS completed a deal on Sep 12 ’24 to buy 4000.0 shares. Meanwhile, EVP, CORPORATE DEVELOPMENT Turitz Andrew sold 20773.0 shares on Sep 04 ’24.
