Zacks Research Comments on Teladoc Health FY2027 Earnings

Teladoc Health, Inc. (NYSE:TDOC) – Investment analysts at Zacks Research issued their FY2027 earnings per share estimates for shares of Teladoc Health in a research report issued on Wednesday, March 12th. Zacks Research analyst R. Department forecasts that the health services provider will post earnings per share of ($0.71) for the year. The consensus estimate for Teladoc Health’s current full-year earnings is ($1.16) per share.

TDOC has been the topic of several other research reports. Royal Bank of Canada raised their price target on shares of Teladoc Health from $11.00 to $12.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of Teladoc Health in a research report on Thursday, February 27th. Piper Sandler dropped their price target on shares of Teladoc Health from $13.00 to $12.00 and set an “overweight” rating on the stock in a research report on Thursday, February 27th. The Goldman Sachs Group dropped their price target on shares of Teladoc Health from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Monday, March 3rd. Finally, Oppenheimer dropped their price target on shares of Teladoc Health from $14.00 to $12.00 and set an “outperform” rating on the stock in a research report on Friday, January 24th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $11.26.

Teladoc Health Price Performance

Shares of NYSE TDOC opened at $8.50 on Friday. Teladoc Health has a fifty-two week low of $6.76 and a fifty-two week high of $15.68. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of -1.47 and a beta of 1.27. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.69 and a current ratio of 1.73. The firm’s 50-day simple moving average is $10.60 and its 200 day simple moving average is $9.68.

Teladoc Health (NYSE:TDOC) last issued its earnings results on Wednesday, February 26th. The health services provider reported ($0.28) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.07). The firm had revenue of $640.49 million during the quarter, compared to analyst estimates of $639.44 million. Teladoc Health had a negative net margin of 37.91% and a negative return on equity of 10.06%.

Institutional Investors Weigh In On Teladoc Health

Several large investors have recently modified their holdings of the stock. Arizona State Retirement System increased its stake in shares of Teladoc Health by 1.8% during the 4th quarter. Arizona State Retirement System now owns 49,691 shares of the health services provider’s stock worth $452,000 after purchasing an additional 859 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in Teladoc Health by 9.6% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 12,456 shares of the health services provider’s stock valued at $113,000 after buying an additional 1,089 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in Teladoc Health by 0.5% in the 4th quarter. Canada Pension Plan Investment Board now owns 228,700 shares of the health services provider’s stock valued at $2,079,000 after buying an additional 1,200 shares in the last quarter. Summit Investment Advisors Inc. grew its stake in Teladoc Health by 8.0% in the 4th quarter. Summit Investment Advisors Inc. now owns 18,009 shares of the health services provider’s stock valued at $164,000 after buying an additional 1,331 shares in the last quarter. Finally, Vise Technologies Inc. grew its stake in Teladoc Health by 4.9% in the 4th quarter. Vise Technologies Inc. now owns 30,179 shares of the health services provider’s stock valued at $274,000 after buying an additional 1,405 shares in the last quarter. Hedge funds and other institutional investors own 76.82% of the company’s stock.

About Teladoc Health

Teladoc Health, Inc provides virtual healthcare services worldwide. The company operates through Teladoc Health Integrated Care and BetterHelp segments. The Integrated Care segment offers virtual medical services, including general medical, expert medical, specialty medical, chronic condition management, and mental health, as well as enabling technologies and enterprise telehealth solutions for hospitals and health systems.