Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Teladoc Health Inc’s stock clocked out at $9.50, up 4.51% from its previous closing price of $9.09. In other words, the price has increased by $4.51 from its previous closing price. On the day, 3.86 million shares were traded. TDOC stock price reached its highest trading level at $9.605 during the session, while it also had its lowest trading level at $9.02.
Ratios:
To gain a deeper understanding of TDOC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.93. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 03 ’25 when Nanis Nikolaos P. bought 502 shares for $9.33 per share.
Waters Michael Willem bought 4,652 shares of TDOC for $47,823 on Dec 16 ’24. On Dec 03 ’24, another insider, Nueno Carlos, who serves as the President, International of the company, sold 2,890 shares for $11.23 each. As a result, the insider received 32,455 and left with 0 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 1635586560 and an Enterprise Value of 1980595840. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 0.765 whereas that against EBITDA is 29.925.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $21.74, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be -4.39%.
Shares Statistics:
It appears that TDOC traded 5.28M shares on average per day over the past three months and 4255850 shares per day over the past ten days. A total of 171.94M shares are outstanding, with a floating share count of 168.52M. Insiders hold about 2.12% of the company’s shares, while institutions hold 72.92% stake in the company. Shares short for TDOC as of 1735603200 were 23527376 with a Short Ratio of 4.45, compared to 1732838400 on 26243675. Therefore, it implies a Short% of Shares Outstanding of 23527376 and a Short% of Float of 17.729999.
