Zacks Research Predicts Teladoc Health FY2027 Earnings

Teladoc Health, Inc. (NYSE:TDOC) – Investment analysts at Zacks Research issued their FY2027 earnings per share (EPS) estimates for Teladoc Health in a research report issued to clients and investors on Wednesday, March 12th. Zacks Research analyst R. Department anticipates 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.

Several other equities analysts have also weighed in on TDOC. Piper Sandler reduced their target price on shares of Teladoc Health from $13.00 to $12.00 and set an “overweight” rating on the stock in a report on Thursday, February 27th. Royal Bank of Canada upped their target price on Teladoc Health from $11.00 to $12.00 and gave the stock 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. The Goldman Sachs Group reduced their price target on 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 lowered their price objective on shares of Teladoc Health from $14.00 to $12.00 and set an “outperform” rating for the company in a research report on Friday, January 24th. Eleven investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $11.26.

Teladoc Health Price Performance

TDOC opened at $8.63 on Friday. The company has a quick ratio of 1.69, a current ratio of 1.73 and a debt-to-equity ratio of 0.66. Teladoc Health has a 52-week low of $6.76 and a 52-week high of $15.68. The company has a 50 day moving average of $10.56 and a two-hundred day moving average of $9.70. The company has a market cap of $1.50 billion, a P/E ratio of -1.49 and a beta of 1.27.

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

Institutional Trading of Teladoc Health

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