Comparing the companies on Glassdoor, we can see that 94% of Livongo employees recommend working at the company while only 73% of Teladoc employees feel the same. As previously disclosed, on August 5, 2020, Livongo Health, Inc. ("Livongo") entered into an Agreement and Plan of Merger (the "Merger Agreement") with Teladoc Health, Inc. ("Teladoc") and Tempranillo … The company offers a platform that provides cellular-connected devices, supplies, informed coaching, data science-enabled insights, and facilitates access to medications. Livongo Health pre-IPO overview from MarketWatch. Some investors initially saw the Teladoc transaction as a bad move. The deal was a bigger splash than Teladoc's 2018 purchase of TelaDietitian, a small platform for registered dietitians, but focused on a similar customer segment. Livongo Health, Inc. Common Stock (LVGO) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. The highly defensive healthcare sector was a popular place for successful money managers to put their money to work in the second quarter. Sure, Tesla stock has been on fire this year. Livongo Health Inc. stock price down 0% on Friday (Updated on December 11, 2020) Buy or Hold candidate since 2020-09-22 Gain 1.17% PDF . Top institutional shareholders include BlackRock Inc. (3.90%), Morgan Stanley (3.00%), Massachusetts Financial … No changes to the price of Livongo Health Inc. stock on the last trading day (Friday, 11th Dec 2020). Finally, the ubiquity of artificial intelligence has made its way into healthcare in recent years. Livongo offers chronic disease management programs, focused on diabetes, that combine connected devices, data sharing, and coaching. It is located in 150 West Evelyn Avenue and employs 785 people. In the U.S., our life expectancy trails that of other developed countries, despite spending more on healthcare per person. Livongo's news of a mega merger with Teladoc made waves late this summer. This month's top IPO grew revenue at a blistering 121% rate in its latest quarter. The companies expect the new entity to grow revenue 30% to 40% over the next two to three years. The offerings position the company at the crossroads of several mega trends in healthcare. Further, while Livongo boasts a customer satisfaction and loyalty rating akin to Netflix (that's good! Returns as of 12/15/2020. Livongo Health (LVGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. An analyst's downgrade for one of these stocks caused the other to fall, too. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. @themotleyfool #stocks $TDOC $LVGO $NFLX $AMWL, This Hot Stock's Sales Are Growing Nearly 4 Times Faster Than Tesla's, 5 Unstoppable Trends to Invest $1,000 In for 2021, If You Invested $1,000 in Teladoc in January, This Is How Much You'd Have Now. ), Teladoc competitors Amwell and Doctors-on-Demand finished first and second, respectively, in the J.D. Turns out, making the world a better place can be a good investment. This change lagged the S&P 500's daily gain of 0.47%. Stock Advisor launched in February of 2002. Remote and virtual medicine has taken off during the pandemic, and these telehealth stocks -- and their investors -- are reaping the rewards. Power 2020 telehealth satisfaction study. In fact, Livongo delivered $12.5 million in profit on an adjusted basis. Livongo Health's stock is owned by a variety of institutional and retail investors. Visit here for more information. Losses were -$55.27 million, 65.6% more than in 2018. Is (LVGO) Outperforming Other Medical Stocks This Year? During the day the stock … However, a few tangential metrics may help. LVGO 0.00 0.00 (0.00%). Oct 30, 2020 Teladoc Health Completes Merger with Livongo… Being a remote monitoring company helped them maintain the breakneck pace in the most recent, coronavirus-disrupted quarter. In both cases, over 99% of participants voted thumbs-up for the deal. "Since we created the Cramer Covid-19 index six months ago, the stay-at-home, work-at-home stocks just have not been able to quit," the "Mad Money" host said. Surprisingly, the companies claimed only 25% of their clients overlapped. Copyright, Trademark and Patent Information. But early doubts … These are the stocks with the best value, fastest growth, and most momentum for October 2020. The largest stake in Livongo Health, Inc. (NASDAQ:LVGO) was held by Matrix Capital Management, which reported holding $21.9 million worth of stock at the end of September. The healthcare-technology provider conducted its initial public offering (IPO) in July … Find the latest news headlines from Livongo Health, Inc. Common Stock (LVGO) at Nasdaq.com. Livongo's second quarter revenue growth came in at 125%. If a stock is valued near, or slightly below the market average, research has shown that the market expects the stock… Shares of the health tech companies rose as the combined company announced its first sale. Livongo stock has been a huge winner in 2020, with its shares skyrocketing close to 440% year to date. In Q3, Medical Product stocks are expected to have gained from gradual lifting of restrictions in many states and regions. The post 7 Telehealth Stocks Paving the Digital Me... WALTHAM, Mass. The telehealth companies have a rosy future, according to one analyst. How the venture fares beyond the short term, where growth is essentially baked-in from existing momentum, is the question on many investors' minds. About Teladoc Health Teladoc Health is transforming the healthcare experience and empowering people everywhere … Under the terms of the merger, Livongo shareholders will receive 0.5920x shares of Teladoc Health plus cash of $11.33 for each Livongo share (including the special dividend declared by Livongo… Why Is Everyone Talking About Livongo Health Stock? However, there are early indicators to look for. With the recognition of how little influence sporadic visits to a doctor have on the choices patients make in everyday life, connected devices have become more important to keep patients engaged with their health and share data with their clinicians. Focusing too much on common valuation metrics can be shortsighted with these high-flying stocks. This brings a lot of new users to each service -- a potential source of growth for the years ahead. Up 143% in 2020, Is Teladoc Health Still a Buy? Get prepared with the key expectations. Company profile page for Livongo Health Inc including stock price, company news, press releases, executives, board members, and contact information Teladoc, a provider of virtual doctor visits, announced on Wednesday that it's acquiring digital health company Livongo, in a cash and stock deal that values Livongo at $18.5 billion. Livongo was founded in 2008, and founder Glen Tullman remains Executive Chairman. Livongo and Teladoc Health have merged to create a new standard in the delivery, access, and experience of healthcare for consumers around the world. Some investors initially saw the Teladoc transaction as a bad move. Livongo Health is listed under Business Services category by Fama And … In 2019, Livongo Health's revenue was $170.20 million, an increase of 148.71% compared to the previous year's $68.43 million. Market data powered by FactSet and Web Financial Group. But Livongo's rebound has been more spectacular than most. Perhaps this is why management's announcement in August caught investors off guard. Livongo Health shares were trading up 4.21% at $69.32 at time of publication on Wednesday. Merger Arbitrage Analysis And Spread Performance - September 20, 2020, Livongo Health, Inc. (LVGO) Management Presents at Morgan Stanley 18th Annual Global Healthcare Conference (Transcript). Livongo Health (NASDAQ:LVGO) is one of the post-market-crash winners. Take a new way to solve a problem, add a pinch of secular tailwinds and a dose of large addressable market, and you have all the ingredients for a multi-bagger investment. For investors looking to... Building wealth is easy when you own innovative businesses. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. MOUNTAIN VIEW, Calif., Oct. 15, 2020 (GLOBE NEWSWIRE) -- Livongo Health, Inc., (Nasdaq: LVGO) today announced it will release its financial results for its third quarter of fiscal year 2020 on... Livongo Health (LVGO) closed at $147.44 in the latest trading session, marking a -0.43% move from the prior day. If successful, the combined entity could come to dominate the telehealth landscape for a generation. If this deal ends poorly, like so many others, investors in Livongo will be reminiscing about what could have been. Like most stocks, Livongo Health (NASDAQ: LVGO) plunged during the stock market meltdown in March. These are the healthcare stocks with the best value, fastest growth, and most momentum for October 2020. 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