With 7.74 million shares changed hands, the volume of the stock remained heavier than its average volume of 7.31 million shares. The 52-week range on TDOC shows that it touched its highest point at $15.95 and its lowest point at $6.76 during that stretch. It currently has a 1-year price target of $10.60. Beta for the stock currently stands at 1.71.
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 down-trending over the past week, with a drop of -5.30%, but this was down by -25.40% over a month. Three-month performance dropped to -18.97% while six-month performance rose 16.43%. The stock lost -38.75% in the past year, while it has lost -1.76% so far this year. A look at the trailing 12-month EPS for TDOC yields -5.88 with Next year EPS estimates of -0.87. For the next quarter, that number is -0.34. This implies an EPS growth rate of 83.76% for this year and 8.83% for next year. EPS is expected to grow by 48.98% 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, 173.41 million TDOC shares are outstanding with a float of 171.93 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 -$0.17 and the low estimate is -$0.33. The average estimate for the next quarter is thus -$0.26.
