Economy

Brokerages Set Teladoc Inc (TDOC) Target Price at $24.44

Teladoc, Inc. (TDOC) lies in the middle of a very wide and falling trend in the short term and pointed towards extra losses. The value of the investment in TDOC increased from $17,016,000 to $24,220,000 a change of 42.3% quarter to quarter. The institutional investor owned 171,996 shares of the health services provider's stock after selling 46,023 shares during the quarter. The CLO now owns $6,184 of the stock according to the SEC filing. Also, insider Michael H. King sold 5,000 shares of the company's stock in a transaction on Wednesday, April 19th. US Bancorp DE now owns 4,617 shares of the health services provider's stock valued at $116,000 after buying an additional 433 shares in the last quarter. Teachers Advisors LLC lifted its holdings in Teladoc by 5.3% during the 4th quarter.

The company is now down from yesterday's close of 35.95. CA lifted its holdings in Teladoc by 2.7% during the 2nd quarter. On Thursday, July 13 the stock rating was maintained by Piper Jaffray with "Buy". BlackRock Inc. now owns 3,844,402 shares of the health services provider's stock valued at $133,400,000 after buying an additional 1,154,852 shares during the last quarter. ETF Managers Group LLC acquired a new position in Teladoc during the second quarter worth $104,000. Bellevue Group Ag augmented its stake by buying 2,500 shares an increase of 12.5% in the quarter.

Teladoc, Inc.is a telehealth company.

05/18/2017 - KeyBanc began new coverage on Teladoc giving the company a "overweight" rating. Over the trailing year, the stock is outperforming the S&P 500 by 50.12, and it's gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. $35.64's average target is 6.23% above currents $33.55 stock price. The company has market cap of $1.90 billion. The stock's market valuation is $1.91 B. Teladoc has a 1 year low of $14.00 has a 1 year high of $36.90.

Teladoc Inc (NYSE:TDOC) has average revenue estimates of $67.58 Million, compared to low analyst estimates of $67.13 Million and high estimates of $68.1 Million for the current quarter. After $-0.28 actual earnings per share reported by Teladoc Inc for the previous quarter, Wall Street now forecasts 89.29% negative EPS growth. Teladoc had a negative return on equity of 32.68% and a negative net margin of 69.15%. During the same quarter past year, the business posted ($0.39) EPS. Teladoc Inc had 52 analyst reports since July 27, 2015 according to SRatingsIntel. If you are viewing this news story on another website, it was stolen and reposted in violation of USA & worldwide copyright and trademark legislation.

The following firms have recently changed their position in TDOC. Oppenheimer maintained the shares of TDOC in report on Monday, August 28 with "Buy" rating.

Among 16 analysts covering Teladoc Inc (NYSE:TDOC), 13 have Buy rating, 0 Sell and 3 Hold. Finally, Cantor Fitzgerald restated a hold rating on shares of Teladoc in a research note on Monday, August 28th.

Teladoc, Inc. (NYSE:TDOC)'s stock had its "buy" rating reiterated by equities research analysts at KeyCorp in a note issued to investors on Sunday. Independent Research maintained the shares of DBK in report on Friday, January 22 with "Hold" rating. The RSI was created by J. Welles Wilder who was striving to measure whether or not a stock was overbought or oversold. The stock has an average rating of "Buy" and an average target price of $35.82.

In related news, insider Adam C. Vandervoort sold 53,806 shares of the firm's stock in a transaction that occurred on Monday, August 7th. The stock is now trading 16.36% above its SMA 50 and 31.73% above its SMA 200. Following the completion of the sale, the insider now directly owns 33,008 shares in the company, valued at $1,020,607.36. The Company offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone.



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