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Tesla Inc (NASDAQ: TSLA) closed the day trading at $176.29 down -1.01% from the previous closing price of $178.08. In other words, the price has decreased by -$1.01 from its previous closing price. On the day, 68.41 million shares were traded. TSLA stock price reached its highest trading level at $182.6389 during the session, while it also had its lowest trading level at $174.49.
Ratios:
For a better understanding of TSLA, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 406.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.15 whereas as Long-Term Debt/Eq ratio is at 0.10.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on May 02, 2024, initiated with a Overweight rating and assigned the stock a target price of $230.
On April 24, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $220.
RBC Capital Mkts reiterated its Outperform rating for the stock on April 24, 2024, while the target price for the stock was revised from $294 to $293.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’24 when DENHOLM ROBYN M sold 93,705 shares for $184.86 per share. The transaction valued at 17,322,282 led to the insider holds 15,000 shares of the business.
Baglino Andrew D sold 10,500 shares of TSLA for $1,850,100 on Apr 01 ’24. The SVP Powertrain and Energy Eng. now owns 31,230 shares after completing the transaction at $176.20 per share. On Mar 12 ’24, another insider, DENHOLM ROBYN M, who serves as the Director of the company, sold 93,705 shares for $175.44 each. As a result, the insider received 16,439,650 and left with 15,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSLA now has a Market Capitalization of 562224037888 and an Enterprise Value of 546073378816. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.05, and their Forward P/E ratio for the next fiscal year is 53.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.94. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.93 while its Price-to-Book (P/B) ratio in mrq is 8.73. Its current Enterprise Value per Revenue stands at 5.764 whereas that against EBITDA is 44.523.
Stock Price History:
Over the past 52 weeks, TSLA has reached a high of $299.29, while it has fallen to a 52-week low of $138.80. The 50-Day Moving Average of the stock is 2.52%, while the 200-Day Moving Average is calculated to be -16.88%.
Shares Statistics:
Over the past 3-months, TSLA traded about 94.52M shares per day on average, while over the past 10 days, TSLA traded about 73084490 shares per day. A total of 3.19B shares are outstanding, with a floating share count of 2.77B. Insiders hold about 12.99% of the company’s shares, while institutions hold 45.33% stake in the company. Shares short for TSLA as of 1715731200 were 104790820 with a Short Ratio of 1.11, compared to 1713139200 on 106654831. Therefore, it implies a Short% of Shares Outstanding of 104790820 and a Short% of Float of 3.7699999999999996.
Earnings Estimates
The market rating for Tesla Inc (TSLA) is a result of the insights provided by 25.0 analysts actively involved in the assessment.On average, analysts expect EPS of $0.6 for the current quarter, with a high estimate of $0.87 and a low estimate of $0.43, while EPS last year was $0.91. The consensus estimate for the next quarter is $0.66, with high estimates of $1.01 and low estimates of $0.43.
Analysts are recommending an EPS of between $3.41 and $1.73 for the fiscal current year, implying an average EPS of $2.53. EPS for the following year is $3.31, with 34.0 analysts recommending between $5.84 and $1.65.
Revenue Estimates
24 analysts predict $24.14B in revenue for the current quarter. It ranges from a high estimate of $28.4B to a low estimate of $21.83B. As of the current estimate, Tesla Inc’s year-ago sales were $24.93BFor the next quarter, 24 analysts are estimating revenue of $25.74B. There is a high estimate of $28.88B for the next quarter, whereas the lowest estimate is $21.05B.
A total of 40 analysts have provided revenue estimates for TSLA’s current fiscal year. The highest revenue estimate was $107.45B, while the lowest revenue estimate was $85.08B, resulting in an average revenue estimate of $98.59B. In the same quarter a year ago, actual revenue was $96.77BBased on 39 analysts’ estimates, the company’s revenue will be $115.69B in the next fiscal year. The high estimate is $137.77B and the low estimate is $87.07B.
