A new trading day began on Monday, with Teladoc Health Inc (NYSE: TDOC) stock price up 13.18% from the previous day of trading, before settling in for the closing price of $10.62. TDOC’s price has ranged from $6.76 to $22.54 over the past 52 weeks.
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Annual sales at Healthcare sector company grew by 48.49% over the past five years. Meanwhile, its annual earnings per share averaged -334.31%. With a float of $168.52 million, this company’s outstanding shares have now reached $172.17 million.
Let’s look at the performance matrix of the company that is accounted for 5600 employees. In terms of profitability, gross margin is 63.31%, operating margin of -9.96%, and the pretax margin is -37.49%.
Teladoc Health Inc (TDOC) Insider Updates
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 2.12%, while institutional ownership is 73.68%. The most recent insider transaction that took place on Nov 19 ’24, was worth 673,130. Before that another transaction happened on Nov 15 ’24, when Company’s Former Officer proposed sale 34,456 for $9.21, making the entire transaction worth $317,512.
Teladoc Health Inc (TDOC) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.14 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -334.31% 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 1.65. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.80. Likewise, its price to free cash flow for the trailing twelve months is 6.24.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.78, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.89 in one year’s time.
Technical Analysis of Teladoc Health Inc (TDOC)
Teladoc Health Inc (NYSE: TDOC) saw its 5-day average volume 7.76 million, a positive change from its year-to-date volume of 5.58 million. As of the previous 9 days, the stock’s Stochastic %D was 90.94%. Additionally, its Average True Range was 0.71.
During the past 100 days, Teladoc Health Inc’s (TDOC) raw stochastic average was set at 93.43%, which indicates a significant increase from 89.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.05% in the past 14 days, which was higher than the 63.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $9.18, while its 200-day Moving Average is $11.01. Nevertheless, the first resistance level for the watch stands at $12.57 in the near term. At $13.13, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.86. If the price goes on to break the first support level at $11.28, it is likely to go to the next support level at $10.55. Assuming the price breaks the second support level, the third support level stands at $9.99.
Teladoc Health Inc (NYSE: TDOC) Key Stats
With a market capitalization of 2.07 billion, the company has a total of 172,167K Shares Outstanding. Currently, annual sales are 2,602 M while annual income is -220,370 K. The company’s previous quarter sales were 640,510 K while its latest quarter income was -33,280 K.
