After finishing at $13.55 in the prior trading day, Teladoc Health Inc (NYSE: TDOC) closed at $13.13, down -3.10%. On the day, 4880823 shares were traded.
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 1.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.57. For the most recent quarter (mrq), Quick Ratio is recorded 3.39 and its Current Ratio is at 3.46. In the meantime, Its Debt-to-Equity ratio is 0.68 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, Cantor Fitzgerald on February 29, 2024, initiated with a Overweight rating and assigned the stock a target price of $22.
On February 26, 2024, Leerink Partners started tracking the stock assigning a Market Perform rating and target price of $17.
DA Davidson Downgraded its Buy to Neutral on January 17, 2024, whereas the target price for the stock was revised from $33 to $22.
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 Apr 02 ’24 when Nanis Nikolaos P. sold 461 shares for $14.31 per share. The transaction valued at 6,599 led to the insider holds 70,621 shares of the business.
Geshuri Arnnon sold 7,500 shares of TDOC for $112,950 on Mar 25 ’24. The CHIEF PEOPLE OFFICER now owns 38,470 shares after completing the transaction at $15.06 per share. On Mar 18 ’24, another insider, Trencher Daniel, who serves as the CHIEF STRATEGY OFFICER of the company, sold 1,000 shares for $15.18 each. As a result, the insider received 15,180 and left with 27,192 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 0.94.
Stock Price History:
Over the past 52 weeks, TDOC has reached a high of $30.41, while it has fallen to a 52-week low of $13.37.
Shares Statistics:
A total of 169.31M shares are outstanding, with a floating share count of 167.45M. Insiders hold about 1.10% of the company’s shares, while institutions hold 76.46% stake in the company.
Earnings Estimates
Its stock is currently analyzed by EDOC different market analysts. The consensus estimate for the next quarter is $13.13, with high estimates of $36.25 and low estimates of $39.04.
