Here’s Why Brown Capital Management Mid Company Fund Exited Teladoc Health (TDOC) (2024)

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    ':"";if(r){var a=t.promos.showYahooLogo?"":"yns-no-logo";r=r.replace("{notifOnboardBtnLabel}",t.promos.notifOnboardBtnLabel).replace("{notifOnboardMsg}",t.promos.notifOnboardMsg).replace("{subscriptionTopic}",t.promos.subscriptionTopic).replace("{noLogoClass}",a).replace("{promoLogo}",t.promos.promoLogo)}var s=n.newCount>t.panel.maxCount?n.newCount:"",c=t.panel.notificationCenterPath,l=c?"":P,d=t.panel.headerMsg?"":" "+P,u=c?R:"",p=void 0;n.count?p=n.markup:p='

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    ',this._panelNode=document.getElementById(q))}},{key:"updateBadgeNode",value:function(e){if(e){var n=this._store.getNotifications().newCount,t=this._config.badge.maxCount;if(n){var o=n>t?t+"+":n;e.innerHTML=o}else e.innerHTML=""}}},{key:"addStyles",value:function(e){if(e&&"undefined"!=typeof window){var n=document.getElementById(this._config.panel.styleTagId);n||((n=document.createElement("style")).type="text/css",n.id=this._config.panel.styleTagId,n.innerText=e,document.head.appendChild(n))}}}]),e}(),H=function(){function e(n,t,o){x(this,e);var i=this;i._store=t,i._view=o,i._config=n;var r=i._config.panel;i._panelParentNode=document.querySelector(r.parentSelector),i._badgeNode=i._config.badge.selector&&document.querySelector(i._config.badge.selector),i._indicatorNode=r.indicatorSelector&&document.querySelector(r.indicatorSelector)}return 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e=this;e._store.resetNewCount(),e._view.updateBadgeNode(e._badgeNode),S(e._badgeNode,e._config.badge.hideClass)}},{key:"_showIndicator",value:function(){this._indicatorNode&&(this._store.getNotifications().newCount?S(this._indicatorNode,this._config.panel.indicatorClass):A(this._indicatorNode,this._config.panel.indicatorClass))}},{key:"_showBadge",value:function(){var e=this;e._store.getNotifications().newCount?A(e._badgeNode,e._config.badge.hideClass):S(e._badgeNode,e._config.badge.hideClass)}}]),e}(),U={promos:{eligibleBodyClass:"display-push-promos",enableNotifOnboard:!0,bypassEligibleClassCheck:!1,notifOnboardBtnLabel:"Notify Me",notifOnboardMsg:"Get alerts for breaking news and top stories",promoLogo:"https://s.yimg.com/cv/apiv2/ae/news/circle_bell.png",showYahooLogo:!0,subscriptionTopic:"gondor_homerun_news"},badge:{hideClass:"",maxCount:5,selector:""},panel:{emptyPanelMsg:"You have no new 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    \n

    \n

    \n

    \n

    \n

    \n

    \n

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    \n

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    \n

    \n

    \n

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    \n

    \n

    \n

    \n

    \n

    \n \n \n \n \n \n \n

    \n

    \n

    \n \n \n '.concat(e.i18n.t("search.voice.recognition_retry"),'\n

    \n

    \n

    \n

    \n

    \n

    \n ').concat(e.i18n.t("search.voice.trending_title"),'\n \n

    \n

    \n

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    Here’s Why Brown Capital Management Mid Company Fund Exited Teladoc Health (TDOC) (2024)

    FAQs

    Here’s Why Brown Capital Management Mid Company Fund Exited Teladoc Health (TDOC)? ›

    Competitive pressure, high customer-acquisition costs and poor customer retention significantly impaired the company since our initial purchase in March 2020.

    What is happening with Teladoc? ›

    Digital medical services platform Teladoc Health (NYSE:TDOC) fell short of analysts' expectations in Q2 CY2024, with revenue down 1.5% year on year to $642.4 million. It made a GAAP loss of $4.92 per share, down from its loss of $0.40 per share in the same quarter last year.

    Is Teladoc in debt? ›

    Total debt on the balance sheet as of June 2024 : $1.58 B

    According to Teladoc Health 's latest financial reports the company's total debt is $1.58 B. A company's total debt is the sum of all current and non-current debts.

    Is Teladoc stock overvalued? ›

    The intrinsic value of one TDOC stock under the Base Case scenario is 21.18 USD. Compared to the current market price of 7.17 USD, Teladoc Health Inc is Undervalued by 66%.

    Is Teladoc stock a buy now? ›

    Teladoc has a consensus rating of Moderate Buy which is based on 5 buy ratings, 13 hold ratings and 0 sell ratings. What is Teladoc's price target? The average price target for Teladoc is $10.34. This is based on 18 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

    Why is Teladoc losing so much money? ›

    In its first quarter with new CEO Chuck Divita, national telehealth provider Teladoc Health posted a net loss of $838 million in Q2 that included a nearly $800 million impairment charge attributed to falling expectations for its virtual mental health solution, BetterHelp.

    Why is Teladoc crashing? ›

    Teladoc remains under immense pressure as its BetterHelp division continues to underperform, dragging down the entire company's performance and share price value. Year-to-date, TDOC shares have lost over 56%, with the company facing multiple lawsuits for allegedly misleading shareholders.

    Will Teladoc ever recover? ›

    Analysts expect Teladoc Health's revenues to rise 2.2% in 2024 and 3.6% in 2025. The company's revenue growth is now down to low single digits, while it continues to post perennial losses, with analysts modeling a net loss of nearly $185 million in 2024.

    What is the future outlook for Teladoc? ›

    Teladoc Health is forecast to grow earnings and revenue by 77.5% and 0.8% per annum respectively. EPS is expected to grow by 79.4% per annum. Return on equity is forecast to be -17.5% in 3 years.

    Has Teladoc ever been profitable? ›

    Our success is evident in our most profitable year to date, delivering 33% growth in adjusted EBITDA and free cash flow of $194 million in 2023."

    Should I sell my TDOC stock? ›

    Is Teladoc stock a Buy, Sell or Hold? Teladoc stock has received a consensus rating of hold. The average rating score is and is based on 21 buy ratings, 30 hold ratings, and 0 sell ratings.

    What is the price target for TDOC in 2025? ›

    According to analysts, TDOC price target is 9.73 USD with a max estimate of 17.00 USD and a min estimate of 8.00 USD.

    Is Teladoc being acquired? ›

    Teladoc and Livongo merge into $37 billion remote-health company as coronavirus keeps patients home. Teladoc's purchase values Livongo at $18.5 billion. It's the third-largest deal for a U.S. company this year, behind 7-eleven's purchase of Speedway gas stations and Analog Devices' acquisition of Maxim Integrated.

    Why did Teladoc stock crash? ›

    Teladoc Health

    Shares of the telehealth services provider plummeted sharply at the open on Wednesday after the company posted weaker-than-expected financial results. The report wasn't pretty, and its guidance was also underwhelming from a top-line growth perspective.

    What is going on with Teladoc? ›

    Teladoc lost $220 million last year, and its share price has plunged more than 90% since topping $300 during the height of the COVID-19 pandemic in early 2021. Teladoc shares soared initially after COVID hit as doctor offices shut down and telemedicine exploded in popularity.

    Who owns Teladoc stock? ›

    Largest shareholders include BlackRock Inc., Vanguard Group Inc, ARKK - ARK Innovation ETF, ARK Investment Management LLC, State Street Corp, Renaissance Technologies Llc, Point72 Asset Management, L.P., VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Rubric Capital Management LP, and Clearline Capital ...

    What is the future of Teladoc? ›

    Teladoc Health Maintains Its Long-Term Outlook

    It expects revenues to rise in the low to mid-single digits annually over the next three years, while forecasting margins to expand between 50-100 basis points annually over the period. The company forecasts that its 2025 adjusted EBITDA will be at least $425 million.

    Will Teladoc be acquired? ›

    Teladoc Health, the global leader in whole person virtual care, has announced that it has completed its merger with Livongo. By joining the market leaders in virtual care and applied health signals, the combined company becomes the only consumer and healthcare provider partner to span a person's entire health journey.

    Did the CEO of Teladoc quit? ›

    Teladoc Health CEO Jason Gorevic departs after stock falls 22% in February. The company's chief financial officer, Mala Murthy, will step in as acting CEO.

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