Alert: Rating Downgrade (3/8/24)-Teladoc Health Inc (NYSE: TDOC).

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Stock Rating Downgrade

In the last week the Value Trend Rating for Teladoc Health Inc (NYSE: TDOC) fell significantly from C to F reflecting eroding fundamentals and low Appreciation Potential.

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Recent Price Action

On 3/8/24, Teladoc Health Inc (NYSE: TDOC) stock rose modestly by 0.5%, closing at $15.42. However, below average trading volume at 74% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 2.3% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, TDOC is expected to continue to be a modest Value Builder.

Teladoc Health has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Teladoc Health has a slightly negative Power Rating of 37 and a very low Appreciation Score of 14, and the Lowest Value Trend Rating results.

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