Teladoc Health Inc (NYSE: TDOC) is -58.56% 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 $9.05 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $8.93, the stock is -2.11% and -0.40% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.18 million and changing -1.33% at the moment leaves the stock -20.28% off its SMA200. TDOC registered -47.99% loss for a year compared to 6-month loss of -24.51%. The firm has a 50-day simple moving average (SMA 50) of $8.932 and a 200-day simple moving average (SMA200) of $11.2516.
The stock witnessed a -3.98% gain in the last 1 month and extending the period to 3 months gives it a 21.00%, and is -7.94% down 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 6.75% over the week and 6.73% over the month.
Teladoc Health Inc (TDOC) has around 5600 employees, a market worth around $1.54B and $2.59B in sales. Profit margin for the company is -37.91%. Distance from 52-week low is 32.10% and -60.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-38.72%).
with sales reaching $639.92M over the same period.The EPS is expected to shrink by -334.17% this year, but quarterly earnings will post -1.33% year-over-year. Quarterly sales are estimated to shrink -3.12% in year-over-year returns.
Teladoc Health Inc (TDOC) Top Institutional Holders
528.0 institutions hold shares in Teladoc Health Inc (TDOC), with institutional investors hold 77.84% of the company’s shares. The shares outstanding are 172.17M, and float is at 168.52M with Short Float at 15.98%. Institutions hold 77.21% 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 12 ’24, Geshuri Arnnon (Former Officer) Proposed Sale 60,000 shares at an average price of $9.58 for $0.57 million. The insider now directly holds shares of Teladoc Health Inc (TDOC).
