A share price of Teladoc Health Inc [TDOC] is currently trading at $10.21, up 1.19%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TDOC shares have gain 12.32% over the last week, with a monthly amount glided 11.95%, and seem to be holding up well over a long-time horizon.
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.
Teladoc Health Inc experienced fluctuations in its stock price throughout the past year between $6.76 and $21.74. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. Teladoc Health Inc [NYSE: TDOC] shares were valued at $10.21 at the most recent close of the market. An investor can expect a potential return of 7.74% based on the average TDOC price forecast.
Analyzing the TDOC fundamentals
Trailing Twelve Months sales for Teladoc Health Inc [NYSE:TDOC] were 2.59B which represents -2.99% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.
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 9.95 points at the first support level, and at 9.69 for the second support level. However, for the 1st resistance point, the stock is sitting at 10.42, and for the 2nd resistance point, it is at 10.64.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Teladoc Health Inc [NYSE:TDOC] is 1.69. In addition, the Quick Ratio stands at 1.65 and the Cash Ratio stands at 1.34. Considering the valuation of this stock, the price to sales ratio is 0.68, the price to book ratio is 1.16.
Transactions by insiders
Recent insider trading involved Nanis Nikolaos P., Officer, that happened on Jan 03 ’25 when 502.0 shares were purchased. Officer, Waters Michael Willem completed a deal on Dec 16 ’24 to buy 4652.0 shares. Meanwhile, President, International Nueno Carlos sold 2890.0 shares on Dec 03 ’24.
