Teladoc Health Inc [TDOC] stock prices are up 13.18% to $12.02 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The TDOC shares have gain 32.82% over the last week, with a monthly amount glided 40.26%, 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 November 15, 2024, when Goldman initiated its Buy rating and assigned the stock a price target of $14. Previously, Jefferies reaffirmed its Hold rating on September 17, 2024, and elevated its price target to $10. On February 29, 2024, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $22 on the stock. Leerink Partners started tracking the stock assigning a Market Perform rating and suggested a price target of $17 on February 26, 2024. DA Davidson downgraded its rating to a Neutral and reduced its price target to $22 on January 17, 2024. Barclays started tracking with a Overweight rating for this stock on January 03, 2024, and assigned it a price target of $26. In a note dated April 12, 2023, Stephens initiated an Equal-Weight rating and provided a target price of $25 on this stock.
The stock price of Teladoc Health Inc [TDOC] has been fluctuating between $6.76 and $22.54 over the past year. Currently, Wall Street analysts expect the stock to reach $50.87 within the next 12 months. Teladoc Health Inc [NYSE: TDOC] shares were valued at $12.02 at the most recent close of the market. An investor can expect a potential return of 323.21% based on the average TDOC price forecast.
Analyzing the TDOC fundamentals
The Teladoc Health Inc [NYSE:TDOC] reported sales of 2.59B for trailing twelve months, representing a drop of -2.99%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.38%. To continue investigating profitability, this company’s Return on Assets is posted at -0.28, Equity is -0.52 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.02.
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 11.28 points at the first support level, and at 10.55 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.57, and for the 2nd resistance point, it is at 13.13.
Ratios To Look Out For
It’s worth pointing out that Teladoc Health Inc [NYSE:TDOC]’s Current Ratio is 1.69. Also, the Quick Ratio is 1.65, while the Cash Ratio stands at 1.34. Considering the valuation of this stock, the price to sales ratio is 0.82, the price to book ratio is 1.37.
Transactions by insiders
Recent insider trading involved Verstraete Stephany, Former Officer, that happened on Nov 19 ’24 when 75463.0 shares were purchased. Former Officer, Geshuri Arnnon completed a deal on Nov 15 ’24 to buy 34456.0 shares. Meanwhile, Former Officer Geshuri Arnnon bought 60000.0 shares on Nov 12 ’24.
