Teladoc Health Inc [TDOC] stock is trading at $9.30, down -5.49%. An important factor to consider is whether the stock is rising or falling in short-term value. The TDOC shares have gain 3.33% over the last week, with a monthly amount glided 6.29%, 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 September 17, 2024, when Jefferies reiterated its Hold rating and also boosted its price target to $10 from $8. Previously, Cantor Fitzgerald started tracking the stock with Overweight rating on February 29, 2024, and set its price target to $22. On February 26, 2024, Leerink Partners initiated with a Market Perform rating and assigned a price target of $17 on the stock. DA Davidson downgraded its rating to a Neutral and decreased its price target to $22 on January 17, 2024. Barclays initiated its recommendation with a Overweight and recommended $26 as its price target on January 03, 2024. Stephens started tracking with a Equal-Weight rating for this stock on April 12, 2023, and assigned it a price target of $25. In a note dated February 23, 2023, SVB Securities upgraded an Outperform rating on this stock but restated the target price of $34.
Teladoc Health Inc [TDOC] stock has fluctuated between $6.76 and $22.54 over the past year. 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 $9.30 at the most recent close of the market. An investor can expect a potential return of 466.13% based on the average TDOC price forecast.
Analyzing the TDOC fundamentals
Teladoc Health Inc [NYSE:TDOC] reported sales of 2.61B for the trailing twelve months, which represents a drop of -1.53%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.03.
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 9.06 points at the first support level, and at 8.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.68, and for the 2nd resistance point, it is at 10.05.
Ratios To Look Out For
For context, Teladoc Health Inc’s Current Ratio is 1.62. On the other hand, the Quick Ratio is 1.59, and the Cash Ratio is 1.25. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 1.06.
Transactions by insiders
Recent insider trading involved Turitz Andrew, Former Officer, that happened on Oct 11 ’24 when 38983.0 shares were purchased. Former Officer, Kornwasser Laizer completed a deal on Oct 09 ’24 to buy 29516.0 shares. Meanwhile, Former Officer Trencher Daniel bought 8343.0 shares on Oct 08 ’24.
