Why Teladoc Health Inc (NYSE: TDOC) Should Be On Your Watchlist

During the recent session, Teladoc Health Inc (NYSE:TDOC)’s traded shares were 2.53 million, with the beta value of the company hitting 0.96. At the last check today, the stock’s price was $13.45, reflecting an intraday gain of 0.94% or $0.12. The 52-week high for the TDOC share is $30.41, that puts it down -126.1 from that peak though still a striking 4.46% gain since the share price plummeted to a 52-week low of $12.85. The company’s market capitalization is $2.28B, and the average trade volume was 4.97 million shares over the past three months.

Teladoc Health Inc (NYSE:TDOC) trade information

Teladoc Health Inc (TDOC) registered a 0.94% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.94% in intraday trading to $13.45, hitting a weekly high. The stock’s 5-day price performance is 3.66%, and it has moved by -11.89% in 30 days. Based on these gigs, the overall price performance for the year is -47.79%.

Teladoc Health Inc (TDOC) estimates and forecasts

Statistics show that Teladoc Health Inc has outperformed its competitors in share price, compared to the industry in which it operates. Teladoc Health Inc (TDOC) shares have gone down -22.72% during the last six months, with a year-to-date growth rate more than the industry average at 20.15% against 12.50. In the rating firms’ projections, revenue will increase 2.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 661.4M as predicted by 25 analyst(s). Meanwhile, a consensus of 25 analyst(s) estimates revenue growth to 676.64M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 649.19M and 664.11M respectively. In this case, analysts expect current quarter sales to grow by 1.90% and then jump by 1.90% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 1.91%. While earnings are projected to return 22.00% in 2024.

TDOC Dividends

Teladoc Health Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.