-35.07% percent quarterly performance for Teladoc Health Inc (TDOC) is not indicative of the underlying story

A new trading day began on Monday, with Teladoc Health Inc (NYSE: TDOC) stock price down -4.64% from the previous day of trading, before settling in for the closing price of $14.21. TDOC’s price has ranged from $13.59 to $30.41 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 48.49% over the last five years. Meanwhile, its annual earnings per share averaged 23.66%. With a float of $167.45 million, this company’s outstanding shares have now reached $169.31 million.

The firm has a total of 5600 workers. Let’s measure their productivity.

Teladoc Health Inc (TDOC) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Health Information Services Industry. The insider ownership of Teladoc Health Inc is 1.10%, while institutional ownership is 76.42%. The most recent insider transaction that took place on Apr 02 ’24, was worth 6,599. In this transaction Chief Technology Officer of this company sold 461 shares at a rate of $14.31, taking the stock ownership to the 70,621 shares. Before that another transaction happened on Mar 25 ’24, when Company’s CHIEF PEOPLE OFFICER sold 7,500 for $15.06, making the entire transaction worth $112,950. This insider now owns 38,470 shares in total.

Teladoc Health Inc (TDOC) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 39.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 23.66% per share during the next fiscal year.

Teladoc Health Inc (NYSE: TDOC) Trading Performance Indicators

Here are Teladoc Health Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.88. Likewise, its price to free cash flow for the trailing twelve months is 6.78.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.34, a number that is poised to hit -0.46 in the next quarter and is forecasted to reach -0.70 in one year’s time.

Technical Analysis of Teladoc Health Inc (TDOC)

Analysing the last 5-days average volume posted by the [Teladoc Health Inc, TDOC], we can find that recorded value of 4.93 million was better than the volume posted last year of 4.72 million. As of the previous 9 days, the stock’s Stochastic %D was 36.29%. Additionally, its Average True Range was 0.59.

During the past 100 days, Teladoc Health Inc’s (TDOC) raw stochastic average was set at 1.96%, which indicates a significant decrease from 8.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.02% in the past 14 days, which was lower than the 59.51% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $16.22, while its 200-day Moving Average is $19.75. Now, the first resistance to watch is $14.02. This is followed by the second major resistance level at $14.48. The third major resistance level sits at $14.81. If the price goes on to break the first support level at $13.23, it is likely to go to the next support level at $12.90. Should the price break the second support level, the third support level stands at $12.44.

Teladoc Health Inc (NYSE: TDOC) Key Stats

With a market capitalization of 2.29 billion, the company has a total of 169,314K Shares Outstanding. Currently, annual sales are 2,602 M while annual income is -220,370 K. The company’s previous quarter sales were 660,530 K while its latest quarter income was -28,890 K.