Economy

Teladoc, Inc. (NYSE:TDOC) Sees Significantly Higher Trading Volume

(NYSE:TDOC) from a sell rating to a hold rating in a research report sent to investors on Wednesday, September 6th. The recent change has given its price a 12.92% lead over SMA 50 and 0.27% lead over its 52-week high. KeyCorp initiated coverage on Teladoc in a report on Wednesday, May 17th. Robert W. Baird has "Buy" rating and $3300 target. The other 11, though not evenly; between analysts who think you should buy Teladoc, Inc. versus those who think you should sell it. Craig Hallum downgraded shares of Teladoc from a buy rating to a hold rating and increased their price target for the stock from $28.00 to $32.00 in a report on Friday, May 12th. Chardan Capital increased their price objective on shares of Teladoc from $30.00 to $41.00 and gave the company a buy rating in a research report on Tuesday, June 20th. Currently, the stock has a 1 Year Price Target of $38.27.

The stock of Teladoc Inc (NYSE:TDOC) reached all time high today, Sep, 14 and still has $38.90 target or 6.00 % above today's $36.70 share price.

The company is trading up by 7.49% at $37.30 and has one of the biggest price gains of the day. During the last 52 weeks, the price has been as high as $5.34 and as low as $0.85. The company has market cap of $2.08 billion.

Teladoc (NYSE:TDOC) last announced its earnings results on Wednesday, August 2nd. The health services provider reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.26) by ($0.02). The business had revenue of $44.60 million during the quarter, compared to analyst estimates of $44.39 million. Teladoc had a negative net margin of 47.75% and a negative return on equity of 19.88%. While in the same Quarter Previous year, the Actual EPS was $-0.33.

As of the latest earnings report the EPS was $-1.51 and is expected to be $-1.44 for the current year with 56,654,000 shares presently outstanding. If you are viewing this piece of content on another website, it was stolen and republished in violation of global trademark & copyright legislation. If you are accessing this piece on another publication, it was illegally stolen and reposted in violation of worldwide copyright legislation. The original version of this piece can be accessed at https://stocknewstimes.com/2017/09/14/teladoc-inc-tdoc-upgraded-to-hold-at-bidaskclub.html.

Among 16 analysts covering Teladoc Inc (NYSE:TDOC), 13 have Buy rating, 0 Sell and 3 Hold.

About 1.54M shares traded or 63.76% up from the average. A 6 analysts rate it as either a buy or a strong buy, while 1 believe that investors should either steer clear of (NYSE:JONE) or, if they already own its stock, sell it.

Hedge funds have recently bought and sold shares of the company. Bellevue Group Ag expanded its position by buying 2,500 shares an increase of 12.5% in the quarter. FMR LLC lifted its position in shares of Teladoc by 163.5% during the 1st quarter. Bank of Montreal Can now owns 3,516 shares of the health services provider's stock valued at $123,000 after purchasing an additional 2,397 shares during the period. Pacad Investment Ltd. grew its ownership by buying 3,600 shares an increase of 1,200.0% as of 06/30/2017. Finally, Great West Life Assurance Co. Can acquired a new position in shares of Teladoc in the 1st quarter valued at $105,000.

Teladoc Inc (NYSE:TDOC) has trailing twelve month Return on Assets of -17.6%, which is key indicator of how profitable a company is relative to its total assets.



Like this

Latest


16 September 2017
Mnuchin: Plane request was about national security
Both the flight to Kentucky and the honeymoon request are under review by the Treasury Department's inspector general. He said that his staff later decided it was unnecessary and found another means of providing him what he needed.

16 September 2017
Amcor Ltd (AMCRY): Following the Indicators
Traders often add the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI) to identify the direction of a trend. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend.

16 September 2017
Supreme Court Stays Ninth Circuit Decision Limiting Scope of Suspension…
Relationships with entities could include employment, or acceptance or enrollment at a university, in the United States. The order was not the court's last word on the travel policy that President Donald Trump first rolled out in January.

16 September 2017
Sindhu reaches semi-finals at BWF Korea Open
Sameer defeated Hong Kong's Wong Wing Ki Vincent 21-19, 21-13 in 41 minutes and will face South Korean Son Wan Ho in the quarters. Sindhu though did not let the Japanese shuttler run away with a big lead at any point of time during the first game.

16 September 2017
Lane Kiffin takes out full-page newspaper ad to thank Wisconsin for hospitality
FAU saw Irma's trajectory and made arrangements to stay north until it was safe to return home to Boca Raton . FAU remained in Wisconsin following their Week 2 clash due to the incoming threat of Hurricane Irma.

16 September 2017
Spirit Realty Capital Inc (SRC) Receives $8.89 Average Price Target
BidaskClub upgraded Spirit Realty Capital from a "hold" rating to a "buy" rating in a research report on Monday, July 31st. A stock with a ratio of under 1.0 would be undervalued and a stock with a PEG over 1.0 would be considered over valued.

16 September 2017
Effectively hedging the stocks in today's share market: Analog Devices, Inc. (ADI)
The Firm has ATR of 1.64 that is explaining range of a day's trading is high-low; ATR expands it to yesterday's closing price. Analog Devices, Inc . (NASDAQ: ADI ) has a market cap of $30.42 billion and over the last 12 months, ADI has risen by 35.75%.

15 September 2017
US Oil-Rig Count Falls by Seven
Baker Hughes, a GE company (NYSE: BHGE ) share price increased in the last trading session with a previous 52-week high of $47.78. COPYRIGHT VIOLATION WARNING: This article was originally reported by Week Herald and is the sole property of of Week Herald.

15 September 2017
McIlroy's FedEx Cup hopes fade fast in Chicago
Jamie Lovemark also had a 64 with a little more style, drilling a fairway metal over the creek to 8 feet for eagle on the par-5 18th.

15 September 2017
South Dakota Supreme Court Strikes Down 'Kill-Quill' Law
The state has until December 12, 2017, to file its anticipated cert petition (although an extension to file may be granted). That prompted the Legislature to pass the law with little opposition previous year as a deliberate challenge to several U.S.