Teladoc Health Inc (NYSE: TDOC) is -54.99% lower on its value in year-to-date trading and has touched a low of $6.76 and a high of $22.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TDOC stock was last observed hovering at around $9.81 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $9.70, the stock is 5.34% and 10.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.71 million and changing -1.12% at the moment leaves the stock -15.37% off its SMA200. TDOC registered -39.18% loss for a year compared to 6-month loss of -23.86%. The firm has a 50-day simple moving average (SMA 50) of $8.746 and a 200-day simple moving average (SMA200) of $11.5161.
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The stock witnessed a 7.78% gain in the last 1 month and extending the period to 3 months gives it a 42.86%, and is 6.01% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.40% over the week and 6.56% over the month.
Teladoc Health Inc (TDOC) has around 5600 employees, a market worth around $1.67B and $2.59B in sales. Profit margin for the company is -37.91%. Distance from 52-week low is 43.49% and -56.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.72%).
with sales reaching $640.47M over the same period.The EPS is expected to shrink by -334.56% this year, but quarterly earnings will post -1.30% year-over-year. Quarterly sales are estimated to shrink -3.00% in year-over-year returns.
Teladoc Health Inc (TDOC) Top Institutional Holders
545.0 institutions hold shares in Teladoc Health Inc (TDOC), with institutional investors hold 78.85% of the company’s shares. The shares outstanding are 172.17M, and float is at 169.49M with Short Float at 15.89%. Institutions hold 78.22% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 21.61 million shares valued at $211.35 million. The investor’s holdings represent 12.8843% of the TDOC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.22 million shares valued at $168.38 million to account for 10.2643 of the shares outstanding. The other top investors are ARK INVESTMENT MANAGEMENT LLC which holds 7.48 million shares representing 4.4603% and valued at over $73.17 million, while STATE STREET CORP holds 3.4698 of the shares totaling 5.82 million with a market value of $56.92 million.
Teladoc Health Inc (TDOC) Insider Activity
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Still, SEC filings show that on Nov 04 ’24, Waters Michael Willem (Officer) Proposed Sale 6,097 shares at an average price of $8.67 for $52845.0. The insider now directly holds shares of Teladoc Health Inc (TDOC).
