Economy

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

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.



Like this

loading...
loading...

Latest


21 September 2017
76ers' Joel Embiid (Knee) Still Not Cleared for 5-on-5 Drills
The Sixers can extend Embiid for more than $100 million over four years, which would kick in for the 2018-19 campaign. Embiid, who is recovering from knee surgery, has not been cleared to play five-on-five basketball.

21 September 2017
Winter Olympics 2018: South Korea president Moon Jae-in meets Thomas Bach
However, athletes bound for the Games so far have expressed little concern over safety, according to worldwide federation chiefs. Seoul was the venue for the 1988 Summer Olympics and South Korea co-hosted the 2002 soccer World Cup with Japan.

21 September 2017
Supreme Court orders Unitech to compensate homebuyers for litigation costs
The Supreme Court today awarded Rs 80,000 compensation each to 39 flat buyers of Unitech's Vistas project in Gurgaon, towards litigation cost.

21 September 2017
Teacher Asks Fifth Graders to Imagine and Justify Being KKK Members
Students at Oak Pointe Elementary School in Irmo were asked in their homework: "You are a member of the KKK". Underneath the first question is another which says "You are there.you are a freedman".

21 September 2017
'Gossip Girl' Had Scenes That Were Too Racy to Air
He ends up finishing the series by getting married and goes on to live happily ever after with Blair, apparently facing no repurcussions.

21 September 2017
Canadian PM Trudeau to receive global citizenship award in NY
The Canadian PM will be on a three-day visit to NY for attending the annual United Nations General Assembly. Twitter had a field day, which was the entire point, so kudos to the PR team for the prime minister.

21 September 2017
The world's first sand hotel opens on the Gold Coast
While only a select few will actually be able to stay in the Sand Hostel , the property opened its doors from noon to 10 p.m. A hotel built entirely from sand has opened on the Gold Coast, giving the term "beach house" a whole new meaning.

21 September 2017
'Some Rohingyas have links to IS, Pakistan's ISI' says Indian government
In the Indian media, too, opinion writers have argued whether India can ignore the developments in Myanmar . The Indian government calls them " illegal , a security threat and (a) strain on India's resources".

21 September 2017
Arbutus Biopharma Corporation (NASDAQ:ABUS) Signals Intraday Volatility - Up $0.98
As of the end of the quarter Sabby Management, LLC had sold a total of 399,600 shares trimming its position 61.6%. Short shares fell from 550,388 to 418,041 over that period. 141 funds opened positions while 361 raised stakes.

21 September 2017
United Kingdom retailer installs 'world's first' finger vein payment system
Instead of reading your fingerprint, however, the technology uses the unique pattern of veins underneath the skin on the fingertip.