Teladoc Health (NYSE:TDOC) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets assumed coverage on shares of Teladoc Health (NYSE:TDOC) in a research report released on Thursday, MarketBeat.com reports. The firm issued a market perform rating and a $8.00 price target on the health services provider’s stock.

TDOC has been the topic of several other research reports. Evercore ISI decreased their target price on Teladoc Health from $9.00 to $8.00 and set an “in-line” rating on the stock in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Teladoc Health in a report on Wednesday, October 8th. Mizuho started coverage on shares of Teladoc Health in a report on Friday, July 25th. They issued a “neutral” rating and a $10.00 target price on the stock. Citigroup upped their target price on shares of Teladoc Health from $9.50 to $10.50 and gave the stock a “neutral” rating in a research report on Tuesday, October 21st. Finally, Zacks Research downgraded shares of Teladoc Health from a “strong-buy” rating to a “hold” rating in a report on Monday. Five equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Teladoc Health presently has a consensus rating of “Hold” and a consensus target price of $9.61.

Teladoc Health Stock Performance

NYSE TDOC traded down $0.15 on Thursday, reaching $6.92. 7,996,178 shares of the stock were exchanged, compared to its average volume of 7,089,798. The firm has a market capitalization of $1.23 billion, a PE ratio of -5.40 and a beta of 1.92. Teladoc Health has a one year low of $6.35 and a one year high of $15.21. The company’s 50-day simple moving average is $8.22 and its two-hundred day simple moving average is $7.75. The company has a current ratio of 2.70, a quick ratio of 2.60 and a debt-to-equity ratio of 0.71.

Teladoc Health (NYSE:TDOC) last issued its earnings results on Wednesday, October 29th. The health services provider reported ($0.21) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.05. Teladoc Health had a negative net margin of 8.84% and a negative return on equity of 10.59%. The company had revenue of $626.44 million during the quarter, compared to the consensus estimate of $625.66 million. During the same quarter in the prior year, the firm posted ($0.19) EPS. Teladoc Health’s quarterly revenue was down 2.2% compared to the same quarter last year. Teladoc Health has set its Q4 2025 guidance at -0.250–0.100 EPS. Analysts expect that Teladoc Health will post -1.16 EPS for the current fiscal year.

Hedge Funds Weigh In On Teladoc Health

Institutional investors and hedge funds have recently made changes to their positions in the business. Teacher Retirement System of Texas raised its position in shares of Teladoc Health by 5.7% during the 2nd quarter. Teacher Retirement System of Texas now owns 26,592 shares of the health services provider’s stock valued at $232,000 after buying an additional 1,431 shares in the last quarter. Federated Hermes Inc. increased its stake in Teladoc Health by 0.5% during the third quarter. Federated Hermes Inc. now owns 307,700 shares of the health services provider’s stock worth $2,379,000 after acquiring an additional 1,450 shares during the last quarter. Krane Funds Advisors LLC raised its position in Teladoc Health by 13.4% during the third quarter. Krane Funds Advisors LLC now owns 12,431 shares of the health services provider’s stock valued at $106,000 after purchasing an additional 1,469 shares during the period. National Bank of Canada FI lifted its stake in shares of Teladoc Health by 79.4% in the 1st quarter. National Bank of Canada FI now owns 3,571 shares of the health services provider’s stock valued at $28,000 after purchasing an additional 1,581 shares during the last quarter. Finally, State of Wyoming boosted its holdings in shares of Teladoc Health by 2.1% in the 3rd quarter. State of Wyoming now owns 79,075 shares of the health services provider’s stock worth $611,000 after purchasing an additional 1,628 shares during the period. 76.82% of the stock is owned by hedge funds and other institutional investors.

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.