Key Data
| Label | Value |
|---|---|
| Exchange | NYSE |
| Sector | Health Care |
| Industry | Medical/Nursing Services |
| 1 Year Target | $127.50 |
Similarly Why is Teladoc stock dropping? The stock price of Teladoc (NASDAQ:TDOC), a telemedicine and virtual healthcare company, has seen a fall of 20% over the last month, while it is down more than 70% over the last one year. The market is trying to look beyond Covid-19, as therapeutic options for Covid-19 improve and as the virus potentially gets milder.
Who are teladoc competitors? Teladoc Health’s top competitors include naviHealth, Lash Group, Amwell, 98point6, MDLIVE, Providence Service Corporation and Sharecare. Teladoc Health is a telehealth company that uses telephone and video conferencing technology to provide on-demand remote medical care via mobile devices, the internet, and video.
Additionally, Is Tdoc a good stock?
The financial health and growth prospects of TDOC, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
How does teladoc make money?
How does Teladoc Make Money? Teladoc’s major revenue source is from the subscription-based model. Patients pay annual or monthly fees for consultation. The subscription-based plan starts from $49, they also sell services to clients on behalf of their employees.
Will Teladoc stock recover? Teladoc stock is set for a big comeback, says Goldman Sachs.
Teladoc (ticker: TDOC) stock was battered in 2021. Though memberships boomed as the pandemic unfolded in 2020, sending the stock up nearly 139% that year, such gains created a high bar that Teladoc struggled to clear the following year.
Does Teladoc stock pay dividends? Does Teladoc Health pay dividends? Teladoc Health does not intend to declare or pay dividends on its capital stock in the foreseeable future.
Is Teladoc a good company? The employee experience below at Teladoc Health (formerly Livongo), compared to a typical company. 84% of employees at Teladoc Health (formerly Livongo) say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.
How many customers does Teladoc have?
Teladoc ended the quarter with U.S. paid membership of 51.5 million members, an increase of 20% over the prior-year quarter.
Who is Teladoc biggest competitor? 1. Amwell. Amwell (NYSE: AMWL) formerly known as American Well, is a telemedicine company founded in 2006 and went public in 2020. It is currently the biggest competitor to Teladoc in the telehealth space and has experienced significant growth in recent times.
Who is Teladoc merging with?
The merger of Teladoc Health and Livongo was announced on August 5th and was completed in just under three months. Teladoc Health recently announced its go-forward leadership team and has announced early client wins driven by the pending combination.
Is TDOC a long term buy? The performance in Teladoc Health (NYSE:TDOC) stock has been unimpressive over the past year. After a euphoric listing, investor’s focus has shifted to the company’s ability to deliver high-growth and robust cash flows.
How low can teladoc go?
Teladoc Health Inc (NYSE:TDOC)
The 25 analysts offering 12-month price forecasts for Teladoc Health Inc have a median target of 94.00, with a high estimate of 215.00 and a low estimate of 60.00. The median estimate represents a +27.47% increase from the last price of 73.74.
Will Teladoc become profitable?
Despite Teladoc’s consistent revenue growth and rosy outlook, it has yet to turn a profit, and is currently facing a skeptical market. From January 2020 to its peak in February 2021, Teladoc’s stock rose 252%.
Who are Teladoc customers? Helping millions of people resolve their healthcare needs with confidence
- Global Employers. …
- Global Insurers. …
- Hospitals and Health Systems. …
- Patients.
How many countries is Teladoc in? Teladoc, which is active in 175 countries, sees about a $121 billion target market for itself.
Is there a future for Teladoc?
$4 billion by 2024
Teladoc’s growth rate may even surpass that of the industry. The company’s target CAGR is 25% to 30% from now through 2024. This includes virtual medical care, mental healthcare, and chronic condition management. Teladoc offered some guidance for annual revenue in the years to come.
Will teladoc ever be profitable? Teladoc has never turned a profit — at least not using generally accepted accounting principles (GAAP). Yet hypergrowth fueled by the pandemic and a few acquisitions have pushed revenue up nearly three-fold since the end of 2019.
Will teladoc become profitable?
Despite Teladoc’s consistent revenue growth and rosy outlook, it has yet to turn a profit, and is currently facing a skeptical market. From January 2020 to its peak in February 2021, Teladoc’s stock rose 252%.
How long has Teladoc been in business? No single telehealth vendor has capitalized on COVID-19 tailwinds like Teladoc, experts say. When Teladoc launched in 2002, its business model allowed patients to remotely consult with state-licensed doctors through a novel delivery method: video.
Is Teladoc Health legit?
Both Teladoc and Amwell are large telehealth companies that offer medical and mental health care from licensed therapists, board-certified doctors, and psychiatrists.
