In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $13.86 in the prior trading day, Teladoc Health Inc (NYSE: TDOC) closed at $13.04, down -5.92%. In other words, the price has decreased by -$5.92 from its previous closing price. On the day, 8.18 million shares were traded. TDOC stock price reached its highest trading level at $13.87 during the session, while it also had its lowest trading level at $12.89.
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 1.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.77. 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:
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 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 2245057792 and an Enterprise Value of 2590066176. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.87 while its Price-to-Book (P/B) ratio in mrq is 1.49. Its current Enterprise Value per Revenue stands at 1.0 whereas that against EBITDA is 39.134.
Stock Price History:
The Beta on a monthly basis for TDOC is 1.25, which has changed by -0.32913846 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. 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 26.54%, while the 200-Day Moving Average is calculated to be 34.18%.
Shares Statistics:
The stock has traded on average 5.47M shares per day over the past 3-months and 7886480 shares per day over the last 10 days, according to various share statistics. A total of 171.94M shares are outstanding, with a floating share count of 168.49M. Insiders hold about 2.14% of the company’s shares, while institutions hold 72.40% stake in the company. Shares short for TDOC as of 1738281600 were 22926475 with a Short Ratio of 4.30, compared to 1735603200 on 23527376. Therefore, it implies a Short% of Shares Outstanding of 22926475 and a Short% of Float of 17.28.
