In the latest trading session, 1.51 million Teladoc Health Inc (NYSE:TDOC) shares changed hands as the company’s beta touched 0.91. With the company’s most recent per share price at $9.75 changed hands at -$0.06 or -0.65% at last look, the market valuation stands at $1.68B. TDOC’s current price is a discount, trading about -131.18% off its 52-week high of $22.54. The share price had its 52-week low at $6.76, which suggests the last value was 30.67% up since then. When we look at Teladoc Health Inc’s average trading volume, we note the 10-day average is 7.28 million shares, with the 3-month average coming to 5.47 million.

Analysts gave the Teladoc Health Inc (TDOC) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.61. If we narrow down to specifics, the data shows that 0 out of 19 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 10 recommended TDOC as a Hold, 9 felt it is a Buy and 0 rated the stock as Underweight. Teladoc Health Inc’s EPS for the current quarter is expected to be -0.23.

Teladoc Health Inc (NYSE:TDOC) trade information

Instantly TDOC was in red as seen in intraday trades today. With action 6.52%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -54.77%, with the 5-day performance at 6.52% in the green. However, in the 30-day time frame, Teladoc Health Inc (NYSE:TDOC) is 8.29% up. Looking at the short shares, we see there were 25.26 million shares sold at short interest cover period of 4.72 days.

The consensus price target for the stock as assigned by Wall Street analysts is 36, meaning bulls need an upside of 72.92% from its recent market value. According to analyst projections, TDOC’s forecast low is 9 with 150 as the target high. To hit the forecast high, the stock’s price needs a -1438.46% plunge from its current level, while the stock would need to tank 7.69% for it to hit the projected low.

Teladoc Health Inc (TDOC) estimates and forecasts

Data shows that the Teladoc Health Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -23.50% over the past 6 months, a -300.75% in annual growth rate that is considerably lower than the industry average of 7.50%. Year-over-year growth is forecast to reach -1.30% down from the last financial year.

Consensus estimates given by 20 financial analysts project the company’s revenue in the current quarter to hit an average of 640.47M. 15 analysts are of the opinion that Teladoc Health Inc’s revenue for the current quarter will be 633.35M. The company’s revenue for the corresponding quarters a year ago was 660.53M and 637.29M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -3.00%. The estimates for the next quarter sales put growth at -0.60%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 1.91%. The 2024 estimates are for Teladoc Health Inc earnings to decrease by -334.56%.

TDOC Dividends

Teladoc Health Inc is expected to release its next quarterly earnings report on 2025-Feb-18.

Teladoc Health Inc (NYSE:TDOC)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.80% of Teladoc Health Inc shares while 78.22% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 78.85%. There are 78.22% institutions holding the Teladoc Health Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 12.8843% of the shares, roughly 21.61 million TDOC shares worth $211.35 million.

VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 10.2643% or 17.22 million shares worth $168.38 million as of 2024-06-30.