Teladoc Health Inc (NYSE:TDOC) traded at $13.15 at last check on Monday, April 29, made an upward move of 1.04% on its previous day’s price.
Looking at the stock we see that its previous close was $13.01. In terms of its 52-week price range, TDOC has a high of $30.41 and a low of $12.65. The company’s stock has lost about -12.95% over that past 30 days.
Teladoc Health Inc has a market cap of $2.23 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.32, with the EPS growth for the year raised at -$1.07 for 2024 and -$0.68 for next year. These figures represent 20.10% and 36.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $655.54 million, with a low of $646.6 million and a high of $669.5 million. The median projection represents growth squeezing down to 1.00% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $2.66 billion, or 2.30% up from figures reported last year.
On the other hand, looking at the outlook for the TDOC stock, short term indicators assign the stock an average of 100% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note the current price level is -5.57% off its SMA20 and -12.24% from its 50-day simple moving average. The RSI (14) is pointing at 36.45 while the volatility over the past week is 4.89% and jumps to 3.87% over the past one month. The beta value is 0.96, while the average true range (ATR) is currently pointing at 0.58.
Coming back to Teladoc Health Inc (NYSE:TDOC), we note that the average 3-month trading volume was 5.06 million. Current shares outstanding are 169.31 million.
The insiders hold 1.10% of the company’s shares while institutions hold 72.79%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -39.00% down in year-to-date price movement.
