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It has been about a month since the last earnings report for Teladoc (TDOC). Shares have lost about 9.9% in that time frame, underperforming the S&P 500.
Will the recent negative trend continue leading up to its next earnings release, or is Teladoc due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates have trended upward during the past month.
The consensus estimate has shifted 6.15% due to these changes.
VGM Scores
Currently, Teladoc has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Notably, Teladoc has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Teladoc belongs to the Zacks Medical Services industry. Another stock from the same industry, CVS Health (CVS), has gained 4.8% over the past month. More than a month has passed since the company reported results for the quarter ended December 2024.
CVS Health reported revenues of $97.71 billion in the last reported quarter, representing a year-over-year change of +4.2%. EPS of $1.19 for the same period compares with $2.12 a year ago.
CVS Health is expected to post earnings of $1.62 per share for the current quarter, representing a year-over-year change of +23.7%. Over the last 30 days, the Zacks Consensus Estimate has changed +4.1%.
CVS Health has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of C.
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Teladoc Health, Inc. (TDOC) : Free Stock Analysis Report
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This article originally published on Zacks Investment Research (zacks.com).