At the time of writing, Teladoc Health Inc [TDOC] stock is trading at $11.00, up 5.77%. 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 6.28% over the last week, with a monthly amount glided 15.55%, 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.
For the past year, the stock price of Teladoc Health Inc fluctuated 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 $11.00 at the most recent close of the market.
Analyzing the TDOC fundamentals
According to Teladoc Health Inc [NYSE:TDOC], the company’s sales were 2.59B for trailing twelve months, which represents an -2.99% plunge. 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 of1.05.
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 10.50 points at the first support level, and at 10.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.47, and for the 2nd resistance point, it is at 11.94.
Ratios To Look Out For
It is important to note that Teladoc Health Inc [NYSE:TDOC] has a current ratio of 1.69. As well, the Quick Ratio is 1.65, while the Cash Ratio is 1.34. Considering the valuation of this stock, the price to sales ratio is 0.73, the price to book ratio is 1.25.
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.
