During the recent session, Teladoc Health Inc (NYSE:TDOC)’s traded shares were 0.45 million, with the beta value of the company hitting 1.03. At the last check today, the stock’s price was $9.34, reflecting an intraday loss of -1.91% or -$0.18. The 52-week high for the TDOC share is $22.16, that puts it down -137.26 from that peak though still a striking 27.62% gain since the share price plummeted to a 52-week low of $6.76. The company’s market capitalization is $1.61B, and the average intraday trading volume over the past 10 days was 3.95 million shares, and the average trade volume was 5.26 million shares over the past three months.
Teladoc Health Inc (TDOC) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.57. TDOC has a Sell rating from 0 analyst(s) out of 19 analysts who have looked at this stock. 10 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 9 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.29.
Teladoc Health Inc (NYSE:TDOC) trade information
Teladoc Health Inc (TDOC) registered a -1.91% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.91% in intraday trading to $9.34, hitting a weekly high. The stock’s 5-day price performance is -2.01%, and it has moved by -14.72% in 30 days. Based on these gigs, the overall price performance for the year is -56.04%. The short interest in Teladoc Health Inc (NYSE:TDOC) is 22.71 million shares and it means that shorts have 3.91 day(s) to cover.
The consensus price target of analysts on Wall Street is $11, which implies an increase of 15.09% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9 and $13 respectively. As a result, TDOC is trading at a discount of -39.19% off the target high and 3.64% off the low.
Teladoc Health Inc (TDOC) estimates and forecasts
Statistics show that Teladoc Health Inc has underperformed its competitors in share price, compared to the industry in which it operates. Teladoc Health Inc (TDOC) shares have gone up 1.39% during the last six months, with a year-to-date growth rate less than the industry average at -332.84% against 5.00. In the rating firms’ projections, revenue will decrease -1.33% 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 638.92M as predicted by 24 analyst(s). Meanwhile, a consensus of 17 analyst(s) estimates revenue growth to 631.21M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 660.53M and 646.13M respectively. In this case, analysts expect current quarter sales to shrink by -3.27% and then drop by -2.31% 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 -334.22% in 2025.
TDOC Dividends
Teladoc Health Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Teladoc Health Inc (NYSE:TDOC)’s Major holders
Teladoc Health Inc insiders own 0.82% of total outstanding shares while institutional holders control 76.97%, with the float percentage being 77.61%. BLACKROCK INC. is the largest shareholder of the company, while 522.0 institutions own stock in it. As of 2024-06-30, the company held over 21.61 million shares (or 12.8843% of all shares), a total value of $211.35 million in shares.
The next largest institutional holding, with 17.22 million shares, is of VANGUARD GROUP INC’s that is approximately 10.2643% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $168.38 million.
Also, the Mutual Funds coming in first place with the largest holdings of Teladoc Health Inc (TDOC) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 5.34 shares. This amounts to just over 3.10 percent of the company’s overall shares, with a $49.17 million market value. The same data shows that the other fund manager holds slightly less at 4.38, or about 2.55% of the stock, which is worth about $40.38 million.