NYSE:TDOC

Teladoc Health (TDOC) Stock Forecast, Price & News

$18.59

+0.06 (+0.32%)

(As of 09/29/2023 ET)

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Today's Range: $18.51
▼
$19.08
50-Day Range: $18.53
▼
$29.77
52-Week Range: $18.47
▼
$34.73

Volume: 3.69 million shs
Average Volume: 4.12 million shs
Market Capitalization: $3.07 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $31.13

Teladoc Health MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 67.5% Upside
$31.13 Price Target
Short Interest: Healthy
16.53% of Shares Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.24
Based on 8 Articles This Week
Insider Trading: Selling Shares
$701,448 Sold Last Quarter
Proj. Earnings Growth: Growing
From ($1.36) to ($1.20) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars

Medical Sector

540th out of 972 stocks

Offices & Clinics Of Medical Doctors Industry

2nd out of 6 stocks

3.2

Analyst's Opinion

Consensus Rating
Teladoc Health has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 6 buy ratings, 9 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.13, Teladoc Health has a forecasted upside of 67.5% from its current price of $18.59.
Amount of Analyst Coverage
Teladoc Health has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
16.53% of the outstanding shares of Teladoc Health have been sold short.
Short Interest Ratio / Days to Cover
Teladoc Health has a short interest ratio ("days to cover") of 5.
Change versus previous month
Short interest in Teladoc Health has recently decreased by 6.84%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TDOC.

2.4

News and Social Media Coverage

News Sentiment
Teladoc Health has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.69 average news sentiment score of Medical companies.
News Coverage This Week
MarketBeat has tracked 8 news articles for Teladoc Health this week, compared to 6 articles on an average week.
Search Interest
Only 52 people have searched for TDOC on MarketBeat in the last 30 days. This is a decrease of -49% compared to the previous 30 days.
MarketBeat Follows
24 people have added Teladoc Health to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Teladoc Health insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $701,448.00 in company stock.
Percentage Held by Insiders
Only 1.63% of the stock of Teladoc Health is held by insiders.
Percentage Held by Institutions
77.07% of the stock of Teladoc Health is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Teladoc Health are expected to grow in the coming year, from ($1.36) to ($1.20) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Teladoc Health is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Teladoc Health is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Teladoc Health has a P/B Ratio of 1.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Teladoc Health (NYSE:TDOC) Stock

Teladoc Health, Inc. provides virtual healthcare services in the United States and internationally. The company operates through two segments, Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems. The BetterHelp segment operates a mental health platform that provides online counseling and therapy services through website, mobile applications, phones, and text-based interactions by its that licensed clinicians. The company offers its products and services under the Teladoc, Livongo, and BetterHelp brands. It serves employers, health plans, hospitals and health systems, and insurance and financial services companies, as well as individual members. The company was formerly known as Teladoc, Inc. and changed its name to Teladoc Health, Inc. in August 2018. Teladoc Health, Inc. was incorporated in 2002 and is headquartered in Purchase, New York.

TDOC Price History

30 days | 90 days | 365 days | Advanced Chart

TDOC Stock News Headlines

September 29, 2023 | finance.yahoo.com

Here's Why Hold Strategy is Apt for Teladoc (TDOC) Stock Now

September 28, 2023 | finance.yahoo.com

2 Top Growth Stocks Down 16% and 43% to Invest $1,000 in Right Now

October 1, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 27, 2023 | markets.businessinsider.com

Truist Financial Sticks to Its Hold Rating for Teladoc (TDOC)

September 26, 2023 | americanbankingnews.com

Teladoc Health's (TDOC) Hold Rating Reaffirmed at Truist Financial

September 25, 2023 | msn.com

Truist Securities Reiterates Teladoc Health (TDOC) Hold Recommendation

September 21, 2023 | theglobeandmail.com

Online Marketplace Stocks Q2 Highlights: Teladoc (NYSE:TDOC)

September 21, 2023 | finance.yahoo.com

3 Former High-Flying Growth Stocks Down 89% to 93% That Billionaires Can't Stop Buying

October 1, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.

September 20, 2023 | finanznachrichten.de

Teladoc Health, Inc.: Teladoc Health Appoints Leading Healthcare and Hospitals Executive Eric Evans to Board of Directors

September 20, 2023 | finance.yahoo.com

Teladoc Health Appoints Leading Healthcare and Hospitals Executive Eric Evans to Board of Directors

September 20, 2023 | msn.com

Teladoc Health welcomes Eric Evans to its board of directors

September 20, 2023 | finance.yahoo.com

Cathie Wood Sells More Than 77,000 Shares Of Tesla Stock

September 19, 2023 | finance.yahoo.com

Teladoc (TDOC) Stock Moves -0.1%: What You Should Know

September 18, 2023 | finance.yahoo.com

77% of Employers Plan to Increase Investment in Virtual Health Care, says Teladoc Health’s 2023 Virtual Care Transformation Index

September 14, 2023 | theglobeandmail.com

1 Undervalued Stock to Buy Near 52-Week Lows

September 14, 2023 | seekingalpha.com

Teladoc Stock: A Hold Amid New Covid Wave

September 7, 2023 | finance.yahoo.com

Insider Sell: Teladoc Health Inc CEO Jason Gorevic Sells 2,864 Shares

September 7, 2023 | finance.yahoo.com

PYPL Sep 2023 64.000 call

September 1, 2023 | seekingalpha.com

Teladoc: Zero Moat - Expect More Volatility Ahead

September 1, 2023 | finance.yahoo.com

Teladoc (TDOC) Stock Moves -0.09%: What You Should Know

August 30, 2023 | finance.yahoo.com

Cathie Wood Stocks: Tesla Stock Slides On Sell Rating

August 24, 2023 | benzinga.com

Looking At Teladoc Health's Recent Unusual Options Activity

August 24, 2023 | finance.yahoo.com

Teladoc (TDOC) Down 20.4% Since Last Earnings Report: Can It Rebound?

August 16, 2023 | msn.com

Unusual Call Option Trade in Teladoc Health (TDOC) Worth $502.50K

August 11, 2023 | finance.yahoo.com

Teladoc Health Is Providing Free Virtual Health Care Services to Hawaii Residents Impacted by Wildfires

August 10, 2023 | finance.yahoo.com

2 Stocks With Solid Earnings Report to Buy Right Now

See More Headlines

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TDOC Company Calendar

Last Earnings: 7/25/2023
Today: 10/01/2023
Next Earnings (Estimated): 10/25/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Offices & clinics of medical doctors
Sub-Industry: N/A
Sector: Medical
Current Symbol: NYSE:TDOC
CUSIP: N/A
CIK: 1477449
Web: www.teladochealth.com
Phone: (203) 635-2002
Fax: N/A
Employees: 5,600
Year Founded: 2002

Price Target and Rating

Average Stock Price Forecast: $31.13
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $23.00
Forecasted Upside/Downside: +67.5%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 15 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($24.76)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-13,659,530,000.00
Net Margins: -158.76%
Pretax Margin: -158.89%
Return on Equity: -7.32%
Return on Assets: -4.50%

Debt

Debt-to-Equity Ratio: 0.67
Current Ratio: 3.45
Quick Ratio: 3.36

Sales & Book Value

Annual Sales: $2.41 billion
Price / Sales: 1.27
Cash Flow: $84.50 per share
Price / Cash Flow: 0.22
Book Value: $14.25 per share
Price / Book: 1.30

Miscellaneous

Outstanding Shares: 164,950,000
Free Float: 162,263,000
Market Cap: $3.07 billion
Optionable: Optionable
Beta: 1.10

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Key Executives

Mr. Jason Nathanial Gorevic (Age 51)
CEO & Director
Comp: $876.03k

Ms. Mala Murthy (Age 59)
Chief Financial Officer
Comp: $749.33k

Mr. Michael Waters (Age 50)
Chief Operating Officer
Comp: $1.33M

Dr. Claus Torp Jensen Ph.D. (Age 55)
Chief Innovation Officer
Comp: $619.87k

Mr. Laizer D. Kornwasser (Age 52)
Pres of Enterprise Growth & Global Markets
Comp: $1.14M

Dr. George Byron Brooks
Co-Founder

Mr. Richard J. Napolitano (Age 56)
Sr. VP, Chief Accounting Officer & Controller

Mr. Patrick Thomas Feeley C.F.A.
CPA, VP of Investor Relations

Mr. Adam Christian Vandervoort (Age 48)
Chief Legal Officer & Sec.

Mr. Andrew Turitz (Age 50)
Exec. VP of Corp. Devel.

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TDOC Stock - Frequently Asked Questions

Should I buy or sell Teladoc Health stock right now?: 15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Teladoc Health in the last twelve months. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TDOC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TDOC, but not buy additional shares or sell existing shares.
View TDOC analyst ratings or view top-rated stocks.
What is Teladoc Health's stock price forecast for 2023?: 15 analysts have issued 1 year price objectives for Teladoc Health's stock. Their TDOC share price forecasts range from $23.00 to $40.00. On average, they predict the company's stock price to reach $31.13 in the next year. This suggests a possible upside of 67.5% from the stock's current price.
View analysts price targets for TDOC or view top-rated stocks among Wall Street analysts.
How have TDOC shares performed in 2023?: Teladoc Health's stock was trading at $23.65 at the beginning of the year. Since then, TDOC shares have decreased by 21.4% and is now trading at $18.59.
View the best growth stocks for 2023 here.
When is Teladoc Health's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023.
View our TDOC earnings forecast.
How were Teladoc Health's earnings last quarter?: Teladoc Health, Inc. (NYSE:TDOC) issued its quarterly earnings results on Tuesday, July, 25th. The health services provider reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.44) by $0.04. The health services provider had revenue of $652.41 million for the quarter, compared to analysts' expectations of $649.20 million. Teladoc Health had a negative trailing twelve-month return on equity of 7.32% and a negative net margin of 158.76%. The firm's revenue was up 10.1% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.44) earnings per share.
What ETFs hold Teladoc Health's stock?: ETFs with the largest weight of Teladoc Health (NYSE:TDOC) stock in their portfolio include ARK Genomic Revolution ETF (ARKG), Global X Telemedicine & Digital Health ETF (EDOC), ARK Innovation ETF (ARKK), ARK Next Generation Internation ETF (ARKW), ARK Fintech Innovation ETF (ARKF), Fidelity Digital Health ETF (FDHT), iShares Virtual Work and Life Multisector ETF (IWFH) and First Trust Nasdaq Lux Digital Health Solutions ETF (EKG).
What guidance has Teladoc Health issued on next quarter's earnings?: Teladoc Health issued an update on its third quarter 2023 earnings guidance on Tuesday, July, 25th. The company provided earnings per share (EPS) guidance of -$0.50--$0.40 for the period, compared to the consensus EPS estimate of -$0.33. The company issued revenue guidance of $650.00 million-$675.00 million, compared to the consensus revenue estimate of $663.11 million.
What is Jason Gorevic's approval rating as Teladoc Health's CEO?: 106 employees have rated Teladoc Health Chief Executive Officer Jason Gorevic on Glassdoor.com. Jason Gorevic has an approval rating of 95% among the company's employees. This puts Jason Gorevic in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Teladoc Health own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Teladoc Health investors own include NVIDIA (NVDA), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Block (SQ), Shopify (SHOP), DocuSign (DOCU), Salesforce (CRM), PayPal (PYPL) and Zoom Video Communications (ZM).
When did Teladoc Health IPO?: (TDOC) raised $112 million in an initial public offering on Wednesday, July 1st 2015. The company issued 7,000,000 shares at $15.00-$17.00 per share. J.P. Morgan and Deutsche Bank Securities acted as the underwriters for the IPO and William Blair, Wells Fargo Securities and SunTrust Robinson Humphrey were co-managers.
What is Teladoc Health's stock symbol?: Teladoc Health trades on the New York Stock Exchange (NYSE) under the ticker symbol "TDOC."
How do I buy shares of Teladoc Health?: Shares of TDOC stock 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 Teladoc Health's stock price today?: One share of TDOC stock can currently be purchased for approximately $18.59.
How much money does Teladoc Health make?: Teladoc Health (NYSE:TDOC) has a market capitalization of $3.07 billion and generates $2.41 billion in revenue each year. The health services provider earns $-13,659,530,000.00 in net income (profit) each year or ($24.76) on an earnings per share basis.
How many employees does Teladoc Health have?: The company employs 5,600 workers across the globe.
Does Teladoc Health have any subsidiaries?: The following companies are subsidiares of Teladoc Health: AM Healthcare Management Consulting Sdn. Bhd., AMHMS - Health Care Management Services S.A., Advance Holdco Limited, Advance Medical, Advance Medical - Serviços de Consultoria e Gestão de Dados Ltda, Advance Medical Health Care Management Services Chile S.A., Advance Medical Hungary Tanácsadó és Szolgáltató Korlátolt Felelösségü Társaság, Advance Medical Inc., AmeriDoc, Best Doctors, Best Doctors Australasia Pty Limited, Best Doctors Holdings Inc., Best Doctors Inc., Best Doctors International Insurance S.a.r.l., Best Doctors Portugal Ltd., BetterHelp, CogCubed, Compile Inc., Consult A Doctor, HY Holdings Inc., Healthiest You, Institute of Patient Safety and Quality in Virtual Care LLC, Intouch Health, Livongo, MedecinDirect, Médecin Direct, Rise Health Inc., Stat Doctors, Stat Health LLC, TELADOC HEALTH INTERNATIONAL SOCIEDAD ANÓNIMA, TelaDietitian, Teladoc Health Canada Inc., Teladoc Health Massachusetts Holdings Inc., Teladoc Health UK Ltd., and Yi Yi Medical Health Management Consulting (Shanghai) Co. Ltd..
Read More
How can I contact Teladoc Health?: Teladoc Health's mailing address is 2 MANHATTANVILLE ROAD SUITE 203, PURCHASE NY, 10577. The official website for the company is www.teladochealth.com. The health services provider can be reached via phone at (203) 635-2002 or via email at teladoc@westwicke.com.

This page (NYSE:TDOC) was last updated on 10/1/2023 by MarketBeat.com Staff

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