For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Teladoc Health Inc (NYSE: TDOC) closed at $10.69 down -2.82% from its previous closing price of $11.00. In other words, the price has decreased by -$2.82 from its previous closing price. On the day, 4.97 million shares were traded. TDOC stock price reached its highest trading level at $11.21 during the session, while it also had its lowest trading level at $10.47.
Ratios:
For a deeper understanding of Teladoc Health Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.65. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 03 ’24 when Nueno Carlos sold 2,890 shares for $11.23 per share. The transaction valued at 32,455 led to the insider holds 0 shares of the business.
Nueno Carlos sold 2,389 shares of TDOC for $28,494 on Dec 02 ’24. The President, International now owns 2,890 shares after completing the transaction at $11.93 per share. On Dec 02 ’24, another insider, Vandervoort Adam C, who serves as the CHIEF LEGAL OFFICER, SECRETARY of the company, sold 4,004 shares for $11.93 each. As a result, the insider received 47,756 and left with 50,050 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 1840465280 and an Enterprise Value of 2185474304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 0.844 whereas that against EBITDA is 33.021.
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 11.14%, while the 200-Day Moving Average is calculated to be 0.29%.
Shares Statistics:
For the past three months, TDOC has traded an average of 5.67M shares per day and 6197040 over the past ten days. A total of 171.94M shares are outstanding, with a floating share count of 168.50M. Insiders hold about 2.13% of the company’s shares, while institutions hold 73.71% stake in the company. Shares short for TDOC as of 1731628800 were 25689706 with a Short Ratio of 4.53, compared to 1728950400 on 25259495. Therefore, it implies a Short% of Shares Outstanding of 25689706 and a Short% of Float of 19.36.
