Is Teladoc Health Inc (NYSE: TDOC) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Yahoo Finance discussed the stock recently as it posted Teladoc Health highlights progress in advancing care access, sustainability in new report.

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Stocks Info

This NYSE-listed company operates within the Health Information Services industry segment, falling under the Healthcare sector. The current market capitalization of Teladoc Health Inc is $3.43B. A total of 3.27 million shares were traded on the day, compared to an average of 4.76M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, TDOC has seen 6 BUY and 7 SELL insider trades, representing the acquisition of 104,290 and the disposition of 124,102 shares. Over the last 12 months, there were 96 BUYs and 68 SELLs from insiders. Insiders purchased 484,505 shares during that period but sold 314,416.

In the most recent transaction, Trencher Daniel sold 1,000 shares of TDOC for 19.46 per share on Jan 17. After the transaction, the CHIEF STRATEGY OFFICER now owns 17,788 company shares. In a previous transaction on Jan 03, Nanis Nikolaos P. sold 520 shares at 21.36 per share. TDOC shares that Chief Technology Officer owns now total 65,031.

Among the insiders who sold shares, Raman-Tangella Vidya disposed of 27,310 shares on Dec 26 at a per-share price of $22.00. This resulted in the CHIEF MEDICAL OFFICER holding 8,621 shares of TDOC after the transaction. In another insider transaction, Daniel Karen L sold 14,073 shares at $21.41 per share on Dec 20. Company shares held by the Director now total 36,995.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for TDOC in the last 3 months, the mean price target is $22.83 with high estimates of $34.00 and low estimates of $16.00. In terms of 52-week highs and lows, TDOC has a high of $34.36 and a low of $15.02.

As of this writing, TDOC has an earnings estimate of -$0.21 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $0.16 per share and a lower estimate of -$0.32. The company reported an EPS of -$0.4 in the last quarter, which was 2.40% higher than expectations of -$0.41.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. TDOC’s latest balance sheet shows that the firm has $896.02M in Cash & Short Term Investments as of fiscal 2021. There were $1.28B in debt and $331.01M in liabilities at the time. Its Book Value Per Share was $13.86, while its Total Shareholder’s Equity was $16.05B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for TDOC is Buy with a score of 3.43.

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