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The price of Teladoc Health Inc (NYSE: TDOC) closed at $9.05 in the last session, down -1.74% from day before closing price of $9.21. In other words, the price has decreased by -$1.74 from its previous closing price. On the day, 4.7 million shares were traded. TDOC stock price reached its highest trading level at $9.48 during the session, while it also had its lowest trading level at $8.95.
Ratios:
We take a closer look at TDOC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.83. For the most recent quarter (mrq), Quick Ratio is recorded 1.65 and its Current Ratio is at 1.69. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 0.68.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Goldman on November 15, 2024, initiated with a Buy rating and assigned the stock a target price of $14.
On September 17, 2024, Jefferies reiterated its Hold rating and also lowered its target price recommendation from $8 to $10.
On February 29, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $22.Cantor Fitzgerald initiated its Overweight rating on February 29, 2024, with a $22 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when Geshuri Arnnon bought 34,456 shares for $9.21 per share.
Geshuri Arnnon bought 60,000 shares of TDOC for $574,800 on Nov 12 ’24. On Nov 05 ’24, another insider, Raman-Tangella Vidya, who serves as the Officer of the company, bought 1,537 shares for $8.88 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TDOC now has a Market Capitalization of 1558111488 and an Enterprise Value of 1930667520. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 0.746 whereas that against EBITDA is 29.171.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $22.54, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is 1.32%, while the 200-Day Moving Average is calculated to be -19.57%.
Shares Statistics:
According to the various share statistics, TDOC traded on average about 5.54M shares per day over the past 3-months and 6788310 shares per day over the past 10 days. A total of 172.17M shares are outstanding, with a floating share count of 168.52M. Insiders hold about 2.12% of the company’s shares, while institutions hold 73.72% stake in the company. Shares short for TDOC as of 1730332800 were 26932011 with a Short Ratio of 4.86, compared to 1727654400 on 27640038. Therefore, it implies a Short% of Shares Outstanding of 26932011 and a Short% of Float of 20.29.
