Teladoc HealthTDOC
Market Cap: $1.29B
About: Teladoc Health is a virtual health provider with a telehealth platform delivering on-demand healthcare via mobile devices, the internet, video, and phone. It also offers remote patient monitoring programs for chronic care management. It operates in Teladoc two segments Health Integrated Care and BetterHelp segments. The majority of its revenue generated from access fees on a subscription basis (per member, per month). The balance comes from visit fees and equipment rental and sales to hospital systems. Since inception, Teladoc has partnered with employers, health plans, and health systems to offer network access to their members; it has also started to market directly to consumers while expanding its service portfolio.
Employees: 5,600
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
2.89% more ownership
Funds ownership: 78.89% [Q1] → 81.77% (+2.89%) [Q2]
9% more repeat investments, than reductions
Existing positions increased: 130 | Existing positions reduced: 119
4% less call options, than puts
Call options by funds: $51.8M | Put options by funds: $54M
6% less funds holding
Funds holding: 416 [Q1] → 393 (-23) [Q2]
27% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 84
32% less capital invested
Capital invested by funds: $1.99B [Q1] → $1.36B (-$637M) [Q2]
Research analyst outlook
12 Wall Street Analysts provided 1 year price targets over the past 3 months
12 analyst ratings
JP Morgan Lisa Gill 67% 1-year accuracy 16 / 24 met price target | 20%upside $9 | Neutral Maintained | 26 Aug 2024 |
Cantor Fitzgerald Sarah James 67% 1-year accuracy 84 / 125 met price target | 33%upside $10 | Overweight Reiterated | 20 Aug 2024 |
Piper Sandler Jessica Tassan 50% 1-year accuracy 9 / 18 met price target | 33%upside $10 | Overweight Maintained | 6 Aug 2024 |
Deutsche Bank George Hill 100% 1-year accuracy 6 / 6 met price target | 33%upside $10 | Hold Maintained | 2 Aug 2024 |
Truist Securities Jailendra Singh 52% 1-year accuracy 15 / 29 met price target | 33%upside $10 | Hold Maintained | 2 Aug 2024 |
Financial journalist opinion
Based on 4 articles about TDOC published over the past 30 days