It has been a few month because the final earnings report for Teladoc (TDOC). Shares have misplaced about 9.9% in that timeframe, underperforming the S&P 500.
Will the current unfavourable pattern proceed main as much as its subsequent earnings launch, or is Teladoc due for a breakout? Earlier than we dive into how traders and analysts have reacted as of late, let’s take a fast have a look at its most up-to-date earnings report with the intention to get a greater deal with on the essential drivers.
How Have Estimates Been Transferring Since Then?
It seems, contemporary estimates have trended upward throughout the previous month.
The consensus estimate has shifted 6.15% resulting from these adjustments.
VGM Scores
Presently, Teladoc has a pleasant Progress Rating of B, although it’s lagging lots on the Momentum Rating entrance with a D. Nonetheless, the inventory was allotted a grade of A on the worth facet, placing it within the high quintile for this funding technique.
Total, the inventory has an combination VGM Rating of A. In case you aren’t targeted on one technique, this rating is the one you need to be concerned with.
Outlook
Estimates have been broadly trending upward for the inventory, and the magnitude of those revisions seems to be promising. Notably, Teladoc has a Zacks Rank #3 (Maintain). We count on an in-line return from the inventory within the subsequent few months.
Efficiency of an Business Participant
Teladoc belongs to the Zacks Medical Providers business. One other inventory from the identical business, CVS Well being (CVS), has gained 4.8% over the previous month. Greater than a month has handed because the firm reported outcomes for the quarter ended December 2024.
CVS Well being reported revenues of $97.71 billion within the final reported quarter, representing a year-over-year change of +4.2%. EPS of $1.19 for a similar interval compares with $2.12 a yr in the past.
CVS Well being is anticipated to submit earnings of $1.62 per share for the present quarter, representing a year-over-year change of +23.7%. During the last 30 days, the Zacks Consensus Estimate has modified +4.1%.
CVS Well being has a Zacks Rank #3 (Maintain) based mostly on the general path and magnitude of estimate revisions. Moreover, the inventory has a VGM Rating of C.
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Free: See Our Top Stock And 4 Runners Up
Teladoc Health, Inc. (TDOC) : Free Stock Analysis Report
CVS Health Corporation (CVS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
