Teladoc Health, Inc. (NYSE:TDOC – Get Free Report) was the target of some unusual options trading activity on Tuesday. Stock traders acquired 52,865 call options on the company. This is an increase of approximately 172% compared to the average daily volume of 19,422 call options.
Teladoc Health Stock Performance
Shares of TDOC opened at $8.43 on Thursday. The firm has a 50-day moving average of $7.67 and a 200-day moving average of $7.63. Teladoc Health has a one year low of $6.35 and a one year high of $15.21. The company has a market cap of $1.49 billion, a PE ratio of -7.08 and a beta of 1.84. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.67 and a quick ratio of 2.58.
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Teladoc Health (NYSE:TDOC – Get Free Report) last posted its earnings results on Tuesday, July 29th. The health services provider reported ($0.19) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.08. The company had revenue of $631.90 million during the quarter, compared to analysts’ expectations of $621.91 million. Teladoc Health had a negative net margin of 8.16% and a negative return on equity of 10.13%. Teladoc Health’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the company posted ($0.38) EPS. Teladoc Health has set its Q3 2025 guidance at -0.350–0.200 EPS. FY 2025 guidance at -1.350–1.000 EPS. As a group, equities analysts forecast that Teladoc Health will post -1.16 earnings per share for the current year.
Institutional Trading of Teladoc Health
A number of hedge funds have recently modified their holdings of TDOC. Golden State Wealth Management LLC lifted its stake in shares of Teladoc Health by 102.6% during the 1st quarter. Golden State Wealth Management LLC now owns 3,337 shares of the health services provider’s stock worth $27,000 after buying an additional 1,690 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of Teladoc Health by 79.4% during the 1st quarter. National Bank of Canada FI now owns 3,571 shares of the health services provider’s stock worth $28,000 after buying an additional 1,581 shares during the last quarter. SVB Wealth LLC acquired a new stake in shares of Teladoc Health during the 1st quarter worth about $37,000. BI Asset Management Fondsmaeglerselskab A S acquired a new stake in shares of Teladoc Health during the 1st quarter worth about $50,000. Finally, Caitong International Asset Management Co. Ltd lifted its stake in shares of Teladoc Health by 8,192.0% during the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 8,292 shares of the health services provider’s stock worth $72,000 after buying an additional 8,192 shares during the last quarter. Institutional investors and hedge funds own 76.82% of the company’s stock.
Analyst Ratings Changes
TDOC has been the subject of a number of analyst reports. Evercore ISI raised their target price on shares of Teladoc Health from $7.00 to $8.00 and gave the company an “in-line” rating in a research report on Wednesday, July 9th. Mizuho started coverage on shares of Teladoc Health in a research report on Friday, July 25th. They issued a “neutral” rating and a $10.00 price objective for the company. Finally, Bank of America decreased their price objective on shares of Teladoc Health from $8.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, May 28th. Six analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Teladoc Health has an average rating of “Hold” and a consensus target price of $9.80.
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About Teladoc Health
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Teladoc Health, Inc provides virtual healthcare services worldwide. The company operates through Teladoc Health 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.
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