Shares of Tesla, Inc. (NASDAQ:TSLA – Get Rating) have been assigned a consensus recommendation of “Hold” from the forty ratings firms that are covering the firm, Marketbeat reports. Four investment analysts have rated the stock with a sell recommendation, fourteen have given a hold recommendation and nineteen have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $214.65.
TSLA has been the topic of several research reports. Mizuho dropped their price target on shares of Tesla from $285.00 to $250.00 and set a “buy” rating on the stock in a research report on Thursday, January 5th. Cowen upped their price objective on shares of Tesla from $122.00 to $140.00 and gave the company a “market perform” rating in a research note on Thursday, January 26th. Jefferies Financial Group upped their target price on Tesla from $180.00 to $230.00 and gave the company a “buy” rating in a report on Monday. Deutsche Bank Aktiengesellschaft dropped their target price on Tesla from $250.00 to $220.00 in a report on Thursday, January 19th. Finally, Robert W. Baird dropped their target price on Tesla from $316.00 to $252.00 and set an “outperform” rating on the stock in a report on Wednesday, December 28th.
Insider Transactions at Tesla
In related news, SVP Andrew D. Baglino sold 10,500 shares of the business’s stock in a transaction dated Tuesday, December 27th. The stock was sold at an average price of $117.50, for a total transaction of $1,233,750.00. Following the transaction, the senior vice president now owns 64,259 shares in the company, valued at approximately $7,550,432.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In related news, SVP Andrew D. Baglino sold 10,500 shares of the company’s stock in a transaction that occurred on Tuesday, December 27th. The stock was sold at an average price of $117.50, for a total value of $1,233,750.00. Following the transaction, the senior vice president now directly owns 64,259 shares of the company’s stock, valued at approximately $7,550,432.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Elon Musk sold 3,205,000 shares of the company’s stock in a transaction on Monday, December 12th. The stock was sold at an average price of $168.55, for a total value of $540,202,750.00. Following the completion of the sale, the chief executive officer now owns 442,412,432 shares of the company’s stock, valued at $74,568,615,413.60. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 10,128,221 shares of company stock worth $1,637,193,192. Company insiders own 25.10% of the company’s stock.
Institutional Inflows and Outflows
Tesla Stock Performance
Shares of TSLA opened at $172.92 on Friday. Tesla has a 1 year low of $101.81 and a 1 year high of $384.29. The company has a market cap of $547.14 billion, a price-to-earnings ratio of 47.77, a price-to-earnings-growth ratio of 2.27 and a beta of 2.06. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.05 and a current ratio of 1.53. The firm has a fifty day moving average of $167.69 and a 200-day moving average of $202.33.
Tesla (NASDAQ:TSLA – Get Rating) last issued its quarterly earnings data on Wednesday, January 25th. The electric vehicle producer reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.21. Tesla had a net margin of 15.41% and a return on equity of 31.71%. The business had revenue of $24.32 billion for the quarter, compared to analysts’ expectations of $24.26 billion. During the same period in the previous year, the business earned $0.68 earnings per share. The company’s revenue was up 37.2% on a year-over-year basis. As a group, equities analysts anticipate that Tesla will post 3.43 earnings per share for the current year.
Tesla Company Profile
Tesla, Inc engages in the design, development, manufacture, and sale of fully electric vehicles and energy generation and storage systems. The company operates through the following segments: Automotive and Energy Generation and Storage. The Automotive segment includes the design, development, manufacture, sale, and lease of electric vehicles as well as sales of automotive regulatory credits.
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