While Teladoc Health Inc has underperformed by -4.78%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TDOC fell by -42.28%, with highs and lows ranging from $22.54 to $6.76, whereas the simple moving average jumped by 1.66% in the last 200 days.
On November 15, 2024, Goldman started tracking Teladoc Health Inc (NYSE: TDOC) recommending Buy. A report published by Jefferies on September 17, 2024, Reiterated its previous ‘Hold’ rating for TDOC. Cantor Fitzgerald also rated TDOC shares as ‘Overweight’, setting a target price of $22 on the company’s shares in an initiating report dated February 29, 2024. Leerink Partners Initiated an Market Perform rating on February 26, 2024, and assigned a price target of $17. DA Davidson January 17, 2024d its ‘Buy’ rating to ‘Neutral’ for TDOC, as published in its report on January 17, 2024. Barclays’s report from January 03, 2024 suggests a price prediction of $26 for TDOC shares, giving the stock a ‘Overweight’ rating. Stephens also rated the stock as ‘Equal-Weight’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Teladoc Health Inc (TDOC)
Further, the quarter-over-quarter decrease in sales is -2.99%, showing a negative trend in the upcoming months.
In order to gain a clear picture of Teladoc Health Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of -51.65% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.65, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 5.80M can be a very valuable indicator of volatility for TDOC stock. On a monthly basis, the volatility of the stock is set at 6.74%, whereas on a weekly basis, it is put at 5.33%, with a loss of -8.90% over the past seven days. Furthermore, long-term investors anticipate a median target price of $10.71, showing decline from the present price of $10.95, which can serve as yet another indication of whether TDOC is worth investing in or should be passed over.
How Do You Analyze Teladoc Health Inc Shares?
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.12%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 73.71% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
TDOC shares are owned by institutional investors to the tune of 73.71% at present.
