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The price of Teladoc Health Inc (NYSE: TDOC) closed at $9.43 in the last session, down -3.08% from day before closing price of $9.73. In other words, the price has decreased by -$3.08 from its previous closing price. On the day, 12.77 million shares were traded. TDOC stock price reached its highest trading level at $9.85 during the session, while it also had its lowest trading level at $9.39.
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 1.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.77. For the most recent quarter (mrq), Quick Ratio is recorded 3.65 and its Current Ratio is at 3.73. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.69.
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, Cantor Fitzgerald on February 29, 2024, initiated with a Overweight rating and assigned the stock a target price of $22.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $17.
DA Davidson Downgraded its Buy to Neutral on January 17, 2024, whereas the target price for the stock was revised from $33 to $22.
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 Jul 02 ’24 when Nanis Nikolaos P. sold 442 shares for $9.39 per share. The transaction valued at 4,150 led to the insider holds 73,226 shares of the business.
Raman-Tangella Vidya sold 468 shares of TDOC for $5,167 on Jun 04 ’24. The CHIEF MEDICAL OFFICER now owns 27,280 shares after completing the transaction at $11.04 per share. On Jun 03 ’24, another insider, Murthy Mala, who serves as the ACTING CEO, CFO of the company, sold 8,807 shares for $11.16 each. As a result, the insider received 98,260 and left with 78,713 shares of the company.
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 1599214848 and an Enterprise Value of 2142418944. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 0.818 whereas that against EBITDA is 46.546.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $30.15, while it has fallen to a 52-week low of $8.73. The 50-Day Moving Average of the stock is -7.37%, while the 200-Day Moving Average is calculated to be -38.85%.
Shares Statistics:
According to the various share statistics, TDOC traded on average about 5.86M shares per day over the past 3-months and 6979790 shares per day over the past 10 days. A total of 169.59M shares are outstanding, with a floating share count of 167.31M. Insiders hold about 1.34% of the company’s shares, while institutions hold 70.82% stake in the company. Shares short for TDOC as of 1721001600 were 34876948 with a Short Ratio of 5.95, compared to 1718323200 on 27064756. Therefore, it implies a Short% of Shares Outstanding of 34876948 and a Short% of Float of 26.8.
