NASDAQ:TLMD

SOC Telemed Stock Forecast, Price & News

$7.19

+0.25 (+3.60 %)

(As of 03/5/2021 12:00 AM ET)

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Today's Range

$6.64

Now: $7.19▼

$7.28

50-Day Range

$6.81

MA: $7.82▼

$9.00

52-Week Range

$6.35

Now: $7.19▼

$12.08

Volume742,172 shs

Average Volume502,478 shs

Market Capitalization$644.40 million

P/E RatioN/A

Dividend YieldN/A

BetaN/A

SOC Telemed, Inc. provides telemedicine technology and solutions to hospitals, health systems, post-acute providers, physician networks, and value-based care organizations in the United States. The company's technology platform, Telemed IQ, provides telemedicine programs. Its telemedicine solutions include teleNeurology, telePsychiatry, and teleICU. The company was founded in 2004 and is based in Reston, Virginia.

Headlines

SOC Telemed- A Healthy Niche in Rural Hospitals
February 24, 2021 | finance.yahoo.com

SOC Telemed, Inc. (NASDAQ:TLMD) Shares Could Be 41% Below Their Intrinsic Value Estimate
February 3, 2021 | finance.yahoo.com

SOC Telemed Launches New telePulmonology Service Line
January 26, 2021 | prnewswire.com

SOC Telemed Hires Top Executive Roles from Global Leaders in Healthcare and Tech
January 12, 2021 | finance.yahoo.com

SOC Telemed builds up leadership team following public debut
December 16, 2020 | bizjournals.com

SOC Telemed Expands Executive Leadership Team
December 14, 2020 | finance.yahoo.com

SOC Telemed Inc. Cl A
December 4, 2020 | wsj.com

SOC Telemed to Announce Third Quarter 2020 Financial Results and Host Conference Call
December 1, 2020 | finance.yahoo.com

SOC Telemed Reports Third Quarter 2020 Results
December 1, 2020 | finance.yahoo.com

SOC Telemed to Participate in Piper Sandler 32nd Annual Virtual Healthcare Conference
December 1, 2020 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Miscellaneous health & allied services, not elsewhere classified

Sub-IndustryN/A

SectorMedical

Current SymbolNASDAQ:TLMD

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.soctelemed.com

Phone703-678-2122

Employees287

Year FoundedN/A

Debt

Debt-to-Equity RatioN/A

Current Ratio0.24

Quick Ratio0.24

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash Flow$0.00 per share

Price / Cash Flow2,571.92

Book Value$0.61 per share

Price / Book11.79

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares89,624,000

Market Cap$644.40 million

Next Earnings Date3/8/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

1.67 out of 5 stars

Medical Sector

292nd out of 1,972 stocks

Miscellaneous Health & Allied Services, Not Elsewhere Classified Industry

4th out of 25 stocks

3.4 Analyst's Opinion

Consensus Rating
SOC Telemed has received a consensus rating of Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $11.40, SOC Telemed has a forecasted upside of 58.6% from its current price of $7.19.
Amount of Analyst Coverage
SOC Telemed has only been the subject of 4 research reports in the past 90 days.

4.3 Community Rank

Outperform Votes
SOC Telemed has received 6 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SOC Telemed has received 1 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SOC Telemed has received 85.71% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about SOC Telemed and other stocks. Vote “Outperform” if you believe TLMD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe TLMD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
SOC Telemed does not currently pay a dividend.
Dividend Growth
SOC Telemed does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SOC Telemed insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 20.70% of the stock of SOC Telemed is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for SOC Telemed are expected to grow in the coming year, from ($0.39) to ($0.23) per share.
Price to Book Value per Share Ratio
SOC Telemed has a P/B Ratio of 11.79. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$7.19

+0.25 (+3.60 %)

(As of 03/5/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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SOC Telemed (NASDAQ:TLMD) Frequently Asked Questions

Is SOC Telemed a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for SOC Telemed in the last twelve months. There are currently 1 hold rating and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" SOC Telemed stock.
View analyst ratings for SOC Telemed or view top-rated stocks.

What stocks does MarketBeat like better than SOC Telemed?

Wall Street analysts have given SOC Telemed a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but SOC Telemed wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting SOC Telemed?

SOC Telemed saw a decline in short interest in the month of February. As of February 12th, there was short interest totaling 1,250,000 shares, a decline of 32.4% from the January 28th total of 1,850,000 shares. Based on an average daily volume of 514,000 shares, the short-interest ratio is presently 2.4 days. Approximately 3.6% of the shares of the company are sold short.
View SOC Telemed's Short Interest.

When is SOC Telemed's next earnings date?

SOC Telemed is scheduled to release its next quarterly earnings announcement on Monday, March 8th 2021.
View our earnings forecast for SOC Telemed.

What price target have analysts set for TLMD?

6 equities research analysts have issued twelve-month target prices for SOC Telemed's shares. Their forecasts range from $10.00 to $12.00. On average, they expect SOC Telemed's stock price to reach $11.40 in the next year. This suggests a possible upside of 58.6% from the stock's current price.
View analysts' price targets for SOC Telemed or view top-rated stocks among Wall Street analysts.

Who are SOC Telemed's key executives?

SOC Telemed's management team includes the following people:

Mr. Hai V. Tran, Pres & COO (Age 51, Pay $514.69k)
Mr. Sean Banerjee, Chief Technology Officer (Age 52, Pay $344.65k)
Mr. John W. Kalix, CEO & Director (Age 47)
Mr. Christopher K. Knibb, Chief Financial Officer (Age 51)
Ms. Eunice J. Kim, Gen. Counsel & Corp. Sec. (Age 48)
Ms. Meg Hoyecki, VP of Marketing
Ms. Stephanie Tamburello Harris, Chief HR Officer
Dr. Alberto PeÃ±alver, Chief of Psychiatry
Dr. William S. Krimsky, Chief of Critical Care
Dr. Andy Barbash, Chief of Neurology

Who are some of SOC Telemed's key competitors?

Some companies that are related to SOC Telemed include Tivity Health (TVTY), Ontrak (OTRK), Viemed Healthcare (VMD), HemaCare (HEMA), Baudax Bio (BXRX), Cryo-Cell International (CCEL), GreenVision Acquisition (GRNV), Emmaus Life Sciences (EMMA), Curative Biotechnology (CTYX), Caladrius Biosciences (CLBS), Pacific Health Care Organization (PFHOD), BioRestorative Therapies (BRTXQ), BioRestorative Therapies (BRTX), Pacific Health Care Organization (PFHO) and American Caresource (GNOW).
View all of TLMD's competitors.

What is SOC Telemed's stock symbol?

SOC Telemed trades on the NASDAQ under the ticker symbol "TLMD."

Who are SOC Telemed's major shareholders?

SOC Telemed's stock is owned by many different institutional and retail investors. Top institutional shareholders include Warburg Pincus LLC (37.80%), Alyeska Investment Group L.P. (6.77%), Alyeska Investment Group L.P. (6.77%), BlackRock Inc. (2.93%), Bamco Inc. NY (1.95%) and Clearbridge Investments LLC (1.75%).

Which institutional investors are buying SOC Telemed stock?

TLMD stock was bought by a variety of institutional investors in the last quarter, including Warburg Pincus LLC, Alyeska Investment Group L.P., Alyeska Investment Group L.P., BlackRock Inc., Bamco Inc. NY, Clearbridge Investments LLC, Magnetar Financial LLC, and Next Century Growth Investors LLC.

How do I buy shares of SOC Telemed?

Shares of TLMD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SOC Telemed's stock price today?

One share of TLMD stock can currently be purchased for approximately $7.19.

How much money does SOC Telemed make?

SOC Telemed has a market capitalization of $644.40 million.

How many employees does SOC Telemed have?

SOC Telemed employs 287 workers across the globe.

What is SOC Telemed's official website?

The official website for SOC Telemed is www.soctelemed.com.

Where are SOC Telemed's headquarters?

SOC Telemed is headquartered at 1768 Business Center Drive Suite 100, Reston VA, 20190.

How can I contact SOC Telemed?

SOC Telemed's mailing address is 1768 Business Center Drive Suite 100, Reston VA, 20190. The company can be reached via phone at 703-678-2122.

This page was last updated on 3/5/2021 by MarketBeat.com Staff

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