Teladoc Health, Inc. ( NYSE:TDOC ), is not the largest company out there, but it led the NYSE gainers with a relatively large price hike in the past couple of weeks. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Today I will analyse the most recent data on Teladoc Health’s outlook and valuation to see if the opportunity still exists. Is Teladoc Health Still Cheap? Great news for investors – Teladoc Health is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $47.78, but it is currently trading at US$30.07 on the share market, meaning that there is still an opportunity to buy now. However, given that Teladoc Health’s share is fairly volatile (i.e. its price movements are magnified relative to the rest of the market) this could mean the price can sink lower, giving us another chance to buy in the future. This is based on its high beta, which is a good indicator for share price volatility. Can we expect growth […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
