With 27.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 5.97 million shares. The 52-week range on TDOC shows that it touched its highest point at $20.88 and its lowest point at $6.76 during that stretch. It currently has a 1-year price target of $11.05. Beta for the stock currently stands at 1.27.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TDOC was up-trending over the past week, with a rise of 5.60%, but this was up by 51.49% over a month. Three-month performance surged to 53.68% while six-month performance rose 93.67%. The stock lost -36.28% in the past year, while it has gained 51.49% so far this year. A look at the trailing 12-month EPS for TDOC yields -5.78 with Next year EPS estimates of -0.92. For the next quarter, that number is -0.26. This implies an EPS growth rate of -334.11% for this year and 84.17% for next year. EPS is expected to grow by 13.78% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 1.91%.
Float and Shares Shorts:
At present, 171.94 million TDOC shares are outstanding with a float of 170.42 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TDOC since 19 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 10 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$5.63659 being high and -$5.93747 being low. For TDOC, this leads to a yearly average estimate of -$5.81712. Based on analyst estimates, the high estimate for the next quarter is -$0.31 and the low estimate is -$0.46. The average estimate for the next quarter is thus -$0.37.
