Teladoc Health Inc. (NYSE:TDOC) stock went on a downward path that fall over -0.15% on Wednesday, amounting to a one-week price increase of more than 15.61%. Over the last 12 months, TDOC stock rose by 26.30%. The one-year TDOC stock forecast points to a potential downside of -0.02, with the average price target set at $81.84 per share. The average equity rating for TDOC stock is currently 1.60, trading closer to a bullish pattern in the stock market.
The market cap for TDOC stock reached $5.77 billion, with 72.15 million shares outstanding and 71.23 million shares in the current float. Compared to the average trading volume of 1.36M shares, TDOC reached a trading volume of 960813 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Teladoc Health Inc. (TDOC):
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TDOC shares is $81.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TDOC stock is a recommendation set at 1.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for Teladoc Health Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 12, 2019. While these analysts kept the previous recommendation, BofA/Merrill raised their target price to Buy. The new note on the price target was released on June 13, 2019, representing the official price target for Teladoc Health Inc. stock.
The Average True Range (ATR) for Teladoc Health Inc. is set at 3.14, with the Price to Sales ratio for TDOC stock in the period of the last 12 months amounting to 11.11. The Price to Book ratio for the last quarter was 5.81, with the Price to Cash per share for the same quarter was set at 6.80. Price to Free Cash Flow for TDOC in the course of the last twelve months was 571.49 with Quick ratio for the last quarter at 6.50.
TDOC stock trade performance evaluation
Teladoc Health Inc. (TDOC) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 15.61. With this latest performance, TDOC shares gained by 21.97% in over the last four-week period, additionally plugging by 30.08% over the last 6 months – not to mention a rise of 26.30% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TDOC stock in for the last two-week period is set at 71.27, with the RSI for the last a single of trading hit 76.23, and the three-weeks RSI is set at 66.74 for Teladoc Health Inc. (TDOC). The present Moving Average for the last 50 days of trading for this stock 67.96, while it was recorded at 79.09 for the last single week of trading, and 63.31 for the last 200 days.
Teladoc Health Inc. (TDOC): An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Teladoc Health Inc. (TDOC) shares currently have an operating margin of -15.77 and a Gross Margin at +60.68. Teladoc Health Inc.’s Net Margin is presently recorded at -23.23.
Return on Total Capital for TDOC is now -6.01, given the latest momentum, and Return on Invested Capital for the company is -8.85. Return on Equity for this stock declined to -12.35, with Return on Assets sitting at -7.92. When it comes to the capital structure of this company, Teladoc Health Inc. (TDOC) has a Total Debt to Total Equity ratio set at 40.93. Additionally, TDOC Total Debt to Total Capital is recorded at 29.04, with Total Debt to Total Assets ending up at 26.07. Long-Term Debt to Equity for the company is recorded at 40.93, with the Long-Term Debt to Total Capital now at 29.04.
Reflecting on the efficiency of the workforce at the company, Teladoc Health Inc. (TDOC) managed to generate an average of -$48,542 per employee. Receivables Turnover for the company is 11.83 with a Total Asset Turnover recorded at a value of 0.34. Teladoc Health Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 6.50 and a Current Ratio set at 6.50.
Earnings per share (EPS) analysis for Teladoc Health Inc. (TDOC) stock
With the latest financial reports released by the company, Teladoc Health Inc. posted -0.35/share EPS, while the average EPS was predicted by analysts to be reported at -0.35/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TDOC. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Teladoc Health Inc. go to 20.00%.
Teladoc Health Inc. (TDOC): Insider Ownership positions
There are presently around $7,032 million, in the hands of institutional investors. The top three institutional holders of TDOC stocks are: BLACKROCK INC. with ownership of 6,597,658, which is approximately -0.641% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 6,285,848 shares of the stock with an approximate value of $503.0 million in TDOC stocks shares; and JPMORGAN CHASE & CO, currently with $476.0 million in TDOC stock with ownership of nearly 11.72% of the company’s market capitalization.
Positions in Teladoc Health Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 212 institutional holders increased their position in Teladoc Health Inc. (NYSE:TDOC) by around 10,923,537 shares. Additionally, 148 investors decreased positions by around 9,222,041 shares, while 63 investors held positions by with 67,628,488 shares. The mentioned changes placed institutional holdings at 87,774,066 shares, according to the latest SEC report filing. TDOC stock had 53 new institutional investments in for a total of 1,159,044 shares, while 45 institutional investors sold positions of 1,874,380 shares during the same period.