With 3.84 million shares changed hands, the volume of the stock remained lighter than its average volume of 5.32 million shares. The 52-week range on TDOC shows that it touched its highest point at $15.21 and its lowest point at $6.35 during that stretch. It currently has a 1-year price target of $8.71. Beta for the stock currently stands at 1.79.
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 4.82%, but this was up by 4.08% over a month. Three-month performance dropped to -17.78% while six-month performance fell -31.42%. The stock lost -32.91% in the past year, while it has lost -18.59% so far this year. A look at the trailing 12-month EPS for TDOC yields -5.93 with Next year EPS estimates of -0.89. For the next quarter, that number is -0.26. This implies an EPS growth rate of 80.40% for this year and 22.22% for next year. EPS is expected to grow by 46.21% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -33.66%.
Float and Shares Shorts:
At present, 175.34 million TDOC shares are outstanding with a float of 173.63 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.
