Is Buying Stock Like Teladoc Inc Good Idea After Today’s Bullish Options Activity?

 Is Buying Stock Like Teladoc Inc Good Idea After Today's Bullish Options Activity?

In today’s session Teladoc Inc (TDOC) registered an unusually high (245) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the April, 2017 call, expecting serious TDOC increase. With 245 contracts traded and 174 open interest for the Apr, 17 contract, it seems this is a quite bullish bet. The option with symbol: TDOC170421C00020000 closed last at: $1.6 or 25.6% down. About 22,159 shares traded hands. Teladoc Inc (NYSE:TDOC) has risen 34.35% since March 10, 2016 and is uptrending. It has outperformed by 26.83% the S&P500.

Analysts await Teladoc Inc (NYSE:TDOC) to report earnings on November, 7. They expect $-0.36 EPS, down 2.86% or $0.01 from last year’s $-0.35 per share. After $-0.38 actual EPS reported by Teladoc Inc for the previous quarter, Wall Street now forecasts -5.26% EPS growth.

Teladoc Inc (NYSE:TDOC) Ratings Coverage

Out of 9 analysts covering Teladoc Inc (NYSE:TDOC), 8 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 89% are positive. Teladoc Inc has been the topic of 21 analyst reports since July 27, 2015 according to StockzIntelligence Inc. On Wednesday, September 2 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Teladoc Inc (NYSE:TDOC) has “Buy” rating given on Thursday, September 3 by JP Morgan. FBR Capital maintained Teladoc Inc (NYSE:TDOC) on Wednesday, July 20 with “Outperform” rating. The stock of Teladoc Inc (NYSE:TDOC) has “Buy” rating given on Monday, September 21 by JP Morgan. Deutsche Bank initiated it with “Buy” rating and $38 target price in Monday, July 27 report. The rating was maintained by Deutsche Bank on Tuesday, January 12 with “Buy”. Leerink Swann maintained the stock with “Outperform” rating in Monday, October 5 report. SunTrust maintained the shares of TDOC in a report on Monday, March 7 with “Buy” rating. The company was maintained on Tuesday, January 12 by FBR Capital. The stock has “Hold” rating given by Stifel Nicolaus on Wednesday, January 6.

According to Zacks Investment Research, “Teladoc, Inc. is a telehealth company. The company offers telehealth services via mobile devices, internet, video and phone to clients primarily in the United States. Its solution connects consumers with physicians and behavioral health professionals to treat upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. Teladoc, Inc. is based in Dallas, Texas.”

Teladoc, Inc., together with its subsidiaries, is a telehealth company. The company has a market cap of $730.08 million. The Firm offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. It currently has negative earnings. The Firm operates through health services segment.

TDOC Company Profile

Teladoc, Inc., together with its subsidiaries, incorporated on October 16, 2008, is a telehealth company. The Firm offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Firm operates through health services segment. The Company’s solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals who treat a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. It serves over 6,000 employers, health plans, health systems and other entities. These Clients collectively purchase access to its solution for approximately 10 million Members. It has over 30 health plans as Clients.

More notable recent Teladoc Inc (NYSE:TDOC) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on June 04, 2015, also Wsj.com with their article: “Why Teladoc Needs Medical Attention” published on October 04, 2015, Prnewswire.com published: “Teladoc blazes a trail in the emerging virtual telehealth services industry” on May 24, 2016. More interesting news about Teladoc Inc (NYSE:TDOC) were released by: Quotes.Wsj.com and their article: “Teladoc Inc. TDOC (US: NYSE)” published on June 18, 2015 as well as Businesswire.com‘s news article titled: “Teladoc Appoints Stephany Verstraete Chief Marketing Officer” with publication date: January 07, 2016.

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