The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Teladoc Health Inc (NYSE: TDOC) was $9.56 for the day, up 0.63% from the previous closing price of $9.50. In other words, the price has increased by $0.63 from its previous closing price. On the day, 8.27 million shares were traded.
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 1.28 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.87. For the most recent quarter (mrq), Quick Ratio is recorded 1.69 and its Current Ratio is at 1.73. In the meantime, Its Debt-to-Equity ratio is 1.06 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, 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $15.95, while it has fallen to a 52-week low of $6.76. The 50-Day Moving Average of the stock is -9.50%, while the 200-Day Moving Average is calculated to be -1.17%.
Shares Statistics:
A total of 173.41M shares are outstanding, with a floating share count of 171.95M. Insiders hold about 0.99% of the company’s shares, while institutions hold 74.03% stake in the company.
