Teladoc Health Inc (NYSE: TDOC)’s stock price has plunge by -0.35relation to previous closing price of 8.60. Nevertheless, the company has seen a -12.91% plunge in its stock price over the last five trading sessions. fool.com reported 2024-10-26 that Knowing these will help you avoid making suboptimal investing decisions.
Is It Worth Investing in Teladoc Health Inc (NYSE: TDOC) Right Now?
The stock has a 36-month beta value of 0.90. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for TDOC is 168.55M, and at present, short sellers hold a 14.99% of that float. On October 28, 2024, the average trading volume of TDOC was 5.90M shares.
TDOC’s Market Performance
TDOC’s stock has seen a -12.91% decrease for the week, with a 1.90% rise in the past month and a -10.45% fall in the past quarter. The volatility ratio for the week is 5.45%, and the volatility levels for the past 30 days are at 5.15% for Teladoc Health Inc The simple moving average for the last 20 days is -5.59% for TDOC stock, with a simple moving average of -29.34% for the last 200 days.
Analysts’ Opinion of TDOC
Many brokerage firms have already submitted their reports for TDOC stocks, with Jefferies repeating the rating for TDOC by listing it as a “Hold.” The predicted price for TDOC in the upcoming period, according to Jefferies is $10 based on the research report published on September 17, 2024 of the current year 2024.
Cantor Fitzgerald, on the other hand, stated in their research note that they expect to see TDOC reach a price target of $22. The rating they have provided for TDOC stocks is “Overweight” according to the report published on February 29th, 2024.
Leerink Partners gave a rating of “Market Perform” to TDOC, setting the target price at $17 in the report published on February 26th of the current year.
TDOC Trading at 3.24% from the 50-Day Moving Average
After a stumble in the market that brought TDOC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -61.98% of loss for the given period.
Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 5.45%, as shares surge +1.30% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.39% upper at present.
During the last 5 trading sessions, TDOC fell by -12.91%, which changed the moving average for the period of 200-days by -60.69% in comparison to the 20-day moving average, which settled at $9.08. In addition, Teladoc Health Inc saw -60.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TDOC starting from Turitz Andrew, who proposed sale 38,983 shares at the price of $9.49 back on Oct 11 ’24. After this action, Turitz Andrew now owns shares of Teladoc Health Inc, valued at $370,102 using the latest closing price.
Kornwasser Laizer, the Former Officer of Teladoc Health Inc, proposed sale 29,516 shares at $8.90 during a trade that took place back on Oct 09 ’24, which means that Kornwasser Laizer is holding shares at $262,825 based on the most recent closing price.
Stock Fundamentals for TDOC
Current profitability levels for the company are sitting at:
- -0.11 for the present operating margin
- 0.63 for the gross margin
The net margin for Teladoc Health Inc stands at -0.39. The total capital return value is set at -0.11. Equity return is now at value -52.96, with -25.65 for asset returns.
Based on Teladoc Health Inc (TDOC), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.21. The debt to equity ratio resting at 1.03. The interest coverage ratio of the stock is -8.86.
Currently, EBITDA for the company is 192.05 million with net debt to EBITDA at -2.96. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 11.35for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.62.
Conclusion
To sum up, Teladoc Health Inc (TDOC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
