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Teladoc Health Inc (NYSE: TDOC) closed the day trading at $12.79 up 0.08% from the previous closing price of $12.78. In other words, the price has increased by $0.08 from its previous closing price. On the day, 3.86 million shares were traded. TDOC stock price reached its highest trading level at $12.99 during the session, while it also had its lowest trading level at $12.685.
Ratios:
For a better understanding of TDOC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.46. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 02 ’24 when Kornwasser Laizer sold 10,411 shares for $12.69 per share. The transaction valued at 132,095 led to the insider holds 86,070 shares of the business.
Waters Michael Willem sold 5,793 shares of TDOC for $73,502 on May 02 ’24. The CHIEF OPERATING OFFICER now owns 64,881 shares after completing the transaction at $12.69 per share. On May 02 ’24, another insider, Raman-Tangella Vidya, who serves as the CHIEF MEDICAL OFFICER of the company, sold 3,691 shares for $12.69 each. As a result, the insider received 46,831 and left with 29,160 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 2169030400 and an Enterprise Value of 2661358592. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.83 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 1.016 whereas that against EBITDA is 57.82.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $30.41, while it has fallen to a 52-week low of $12.53. The 50-Day Moving Average of the stock is -11.13%, while the 200-Day Moving Average is calculated to be -32.48%.
Shares Statistics:
Over the past 3-months, TDOC traded about 5.25M shares per day on average, while over the past 10 days, TDOC traded about 5931800 shares per day. A total of 169.59M shares are outstanding, with a floating share count of 167.72M. Insiders hold about 1.09% of the company’s shares, while institutions hold 71.57% stake in the company. Shares short for TDOC as of 1713139200 were 26805098 with a Short Ratio of 5.11, compared to 1710460800 on 20282132. Therefore, it implies a Short% of Shares Outstanding of 26805098 and a Short% of Float of 20.639999.
