We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Teladoc (TDOC) Up 7% Since Earnings Report: Can It Continue?
Read MoreHide Full Article
A month has gone by since the last earnings report for Teladoc, Inc. (TDOC - Free Report) . Shares have added about 7% in that time frame, outperforming the market.
Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? 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.
Teladoc (TDOC - Free Report) Q4 Loss Lower Than Expected, Guides for '17
Teladoc Inc.’s fourth-quarter operating loss of $0.31 per share came in narrower than the Zacks Consensus Estimate of a loss of $0.35 per share. In the year-ago quarter, the company had incurred a loss of $0.39 per share.
Total revenue during the quarter came in at $37.4 million, in line with the Zacks Consensus Estimate and up 65% year over year. Revenues were above the high end of the company’s guided range of $36–$37 million.
Revenue from subscription access fees and visit fees was $30.4 million and $7 million, respectively, reflecting an increase of 69% and 50% year over year.
Total operating expenses were $38 million, 31% higher year over year. The increase was due to increased expenditure on advertising, marketing and sales.
Adjusted EBITDA narrowed to a loss of $8.0 million from a loss of $11.8 million, in the year-ago quarter.
Total visits of 310,467 surged 68% year over year. Total visits, came in much above the company’s guided range of 273,000 to 288,000.
Total membership was 17.5 million, reflecting an increase of 43% year over year. It met the high end of the company’s guided range of 17.3 million to 17.5 million.
Financial Position
Teldoc’s total assets were $303.7 million as of Dec 31, 2016, up from $229.7 million as of Dec 31, 2015.
Total cash, cash equivalents and marketable securities were $50 million as of Dec 31, 2016, down from $55.1 million as of Dec 31, 2015.
Guidance
For the first quarter of 2017, the company currently expects total revenue between $41.5 million and $42.5 million, EBITDA loss between $14 million and $15 million and adjusted EBITDA loss between $10 million and $11 million. The loss might stem from the seasonal impact of higher on-boarding expenses from millions of new members, total membership of approximately 20 million to 20.5 million, total visits between 375,000 and 385,000 and net loss per share based on 52.1 million weighted average shares outstanding of $0.33 to $0.34
For the full year of 2017, the company expects total revenue between $180 million and $185 million, EBITDA loss between $31 million and $34 million and adjusted EBITDA loss between $19.5 million and $22.5 million. The company targets adjusted EBITDA of a break-even in the fourth quarter of this year and total membership of approximately 21.5 million to 23 million. Total visits between 1.4 million and 1.45 million and net loss per share based on 54.2 million weighted average shares outstanding is expected to range from $0.85 to $0.91 .
How Have Estimates Been Moving Since Then?
Analysts were quiet during the last one month period as none of them issued any earnings estimate revisions.
At this time, Teladoc stock has an average Growth Score of 'C', though it is lagging a bit on the momentum front with a 'D'. Charting a somewhat similar path, the stock was allocated a grade of 'F' on the value side, putting it in the lowest quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of 'F'. If you aren't focused on one strategy, this score is the one you should be interested in.
The company's stock is suitable solely for growth based on our styles scores.
Outlook
The stock has a Zacks Rank #3 (Hold). We are looking for an inline return from the stock in the next few months.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Teladoc (TDOC) Up 7% Since Earnings Report: Can It Continue?
A month has gone by since the last earnings report for Teladoc, Inc. (TDOC - Free Report) . Shares have added about 7% in that time frame, outperforming the market.
Will the recent positive trend continue leading up to the stock's next earnings release, or is it due for a pullback? 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.
Teladoc (TDOC - Free Report) Q4 Loss Lower Than Expected, Guides for '17
Teladoc Inc.’s fourth-quarter operating loss of $0.31 per share came in narrower than the Zacks Consensus Estimate of a loss of $0.35 per share. In the year-ago quarter, the company had incurred a loss of $0.39 per share.
Total revenue during the quarter came in at $37.4 million, in line with the Zacks Consensus Estimate and up 65% year over year. Revenues were above the high end of the company’s guided range of $36–$37 million.
Revenue from subscription access fees and visit fees was $30.4 million and $7 million, respectively, reflecting an increase of 69% and 50% year over year.
Total operating expenses were $38 million, 31% higher year over year. The increase was due to increased expenditure on advertising, marketing and sales.
Adjusted EBITDA narrowed to a loss of $8.0 million from a loss of $11.8 million, in the year-ago quarter.
Total visits of 310,467 surged 68% year over year. Total visits, came in much above the company’s guided range of 273,000 to 288,000.
Total membership was 17.5 million, reflecting an increase of 43% year over year. It met the high end of the company’s guided range of 17.3 million to 17.5 million.
Financial Position
Teldoc’s total assets were $303.7 million as of Dec 31, 2016, up from $229.7 million as of Dec 31, 2015.
Total cash, cash equivalents and marketable securities were $50 million as of Dec 31, 2016, down from $55.1 million as of Dec 31, 2015.
Guidance
For the first quarter of 2017, the company currently expects total revenue between $41.5 million and $42.5 million, EBITDA loss between $14 million and $15 million and adjusted EBITDA loss between $10 million and $11 million. The loss might stem from the seasonal impact of higher on-boarding expenses from millions of new members, total membership of approximately 20 million to 20.5 million, total visits between 375,000 and 385,000 and net loss per share based on 52.1 million weighted average shares outstanding of $0.33 to $0.34
For the full year of 2017, the company expects total revenue between $180 million and $185 million, EBITDA loss between $31 million and $34 million and adjusted EBITDA loss between $19.5 million and $22.5 million. The company targets adjusted EBITDA of a break-even in the fourth quarter of this year and total membership of approximately 21.5 million to 23 million. Total visits between 1.4 million and 1.45 million and net loss per share based on 54.2 million weighted average shares outstanding is expected to range from $0.85 to $0.91 .
How Have Estimates Been Moving Since Then?
Analysts were quiet during the last one month period as none of them issued any earnings estimate revisions.
Teladoc, Inc. Price and Consensus
Teladoc, Inc. Price and Consensus | Teladoc, Inc. Quote
VGM Scores
At this time, Teladoc stock has an average Growth Score of 'C', though it is lagging a bit on the momentum front with a 'D'. Charting a somewhat similar path, the stock was allocated a grade of 'F' on the value side, putting it in the lowest quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of 'F'. If you aren't focused on one strategy, this score is the one you should be interested in.
The company's stock is suitable solely for growth based on our styles scores.
Outlook
The stock has a Zacks Rank #3 (Hold). We are looking for an inline return from the stock in the next few months.