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After finishing at $8.67 in the prior trading day, Teladoc Health Inc (NYSE: TDOC) closed at $8.82, up 1.73%. In other words, the price has increased by $1.73 from its previous closing price. On the day, 4.24 million shares were traded. TDOC stock price reached its highest trading level at $8.885 during the session, while it also had its lowest trading level at $8.645.
Ratios:
Our goal is to gain a better understanding of TDOC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.67. 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:
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 Sep 16 ’24 when Trencher Daniel bought 9,960 shares for $8.21 per share.
MCKINLEY THOMAS bought 4,000 shares of TDOC for $30,756 on Sep 12 ’24. The Director now owns 39,077 shares after completing the transaction at $7.69 per share. On Sep 04 ’24, another insider, Turitz Andrew, who serves as the EVP, CORPORATE DEVELOPMENT of the company, sold 20,773 shares for $7.26 each. As a result, the insider received 150,812 and left with 20,773 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 1510142720 and an Enterprise Value of 1936601984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 0.742 whereas that against EBITDA is 29.36.
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 9.42%, while the 200-Day Moving Average is calculated to be -34.95%.
Shares Statistics:
The stock has traded on average 6.88M shares per day over the past 3-months and 6201780 shares per day over the last 10 days, according to various share statistics. A total of 171.22M shares are outstanding, with a floating share count of 168.58M. Insiders hold about 1.54% of the company’s shares, while institutions hold 80.82% stake in the company. Shares short for TDOC as of 1724976000 were 26967959 with a Short Ratio of 3.92, compared to 1722384000 on 33458201. Therefore, it implies a Short% of Shares Outstanding of 26967959 and a Short% of Float of 20.47.
