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The closing price of Teladoc Health Inc (NYSE: TDOC) was $8.73 for the day, down -1.47% from the previous closing price of $8.86. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 3.99 million shares were traded. TDOC stock price reached its highest trading level at $8.79 during the session, while it also had its lowest trading level at $8.58.
Ratios:
Our analysis of TDOC’s different ratios will help us gain a deeper understanding of the company. 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 4.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.59 and its Current Ratio is at 1.62. In the meantime, Its Debt-to-Equity ratio is 1.06 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, Jefferies on September 17, 2024, Reiterated its Hold rating but revised its target price to $10 from $8 previously.
On February 29, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $22.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $17.Leerink Partners initiated its Market Perform rating on February 26, 2024, with a $17 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 02 ’24 when Bliss Kelly sold 897 shares for $8.68 per share. The transaction valued at 7,783 led to the insider holds 28,203 shares of the business.
Nanis Nikolaos P. bought 454 shares of TDOC for $3,939 on Oct 02 ’24. On Oct 02 ’24, another insider, Bliss Kelly, who serves as the Officer of the company, bought 897 shares for $8.68 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 1494733056 and an Enterprise Value of 1921192320. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 0.736 whereas that against EBITDA is 29.126.
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 9.60%, while the 200-Day Moving Average is calculated to be -34.08%.
Shares Statistics:
TDOC traded an average of 6.28M shares per day over the past three months and 5378830 shares per day over the past ten days. A total of 171.22M shares are outstanding, with a floating share count of 168.55M. Insiders hold about 1.56% of the company’s shares, while institutions hold 80.83% stake in the company. Shares short for TDOC as of 1726185600 were 27004116 with a Short Ratio of 4.30, compared to 1723680000 on 29210817. Therefore, it implies a Short% of Shares Outstanding of 27004116 and a Short% of Float of 20.49.
