Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Tesla Inc (NASDAQ: TSLA) closed the day trading at $410.44 up 8.22% from the previous closing price of $379.28. In other words, the price has increased by $8.22 from its previous closing price. On the day, 93.78 million shares were traded. TSLA stock price reached its highest trading level at $411.8799 during the session, while it also had its lowest trading level at $379.45.
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 41.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 394.95. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.84. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.14.
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, Robert W. Baird on December 18, 2024, Reiterated its Outperform rating but revised its target price to $480 from $280 previously.
On December 17, 2024, Mizuho Upgraded its rating to Outperform which previously was Neutral and also upped its target price recommendation from $230 to $515.
ROTH MKM Upgraded its Neutral to Buy on December 02, 2024, whereas the target price for the stock was revised from $85 to $380.
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 Dec 06 ’24 when Taneja Vaibhav sold 2,606 shares for $374.21 per share. The transaction valued at 975,015 led to the insider holds 108,965 shares of the business.
Wilson-Thompson Kathleen sold 100,000 shares of TSLA for $35,253,875 on Dec 04 ’24. The Director now owns 5,400 shares after completing the transaction at $352.54 per share. On Dec 02 ’24, another insider, Taneja Vaibhav, who serves as the Chief Financial Officer of the company, sold 7,000 shares for $354.43 each. As a result, the insider received 2,481,039 and left with 105,032 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 1317537054720 and an Enterprise Value of 1297450926080. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 112.44, and their Forward P/E ratio for the next fiscal year is 123.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 121.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.68 while its Price-to-Book (P/B) ratio in mrq is 18.82. Its current Enterprise Value per Revenue stands at 13.355 whereas that against EBITDA is 97.965.
Stock Price History:
Over the past 52 weeks, TSLA has reached a high of $488.54, while it has fallen to a 52-week low of $138.80. The 50-Day Moving Average of the stock is 16.19%, while the 200-Day Moving Average is calculated to be 70.26%.
Shares Statistics:
Over the past 3-months, TSLA traded about 92.62M shares per day on average, while over the past 10 days, TSLA traded about 88836060 shares per day. A total of 3.21B shares are outstanding, with a floating share count of 2.80B. Insiders hold about 12.92% of the company’s shares, while institutions hold 46.64% stake in the company. Shares short for TSLA as of 1734048000 were 80765425 with a Short Ratio of 0.87, compared to 1731628800 on 76444266. Therefore, it implies a Short% of Shares Outstanding of 80765425 and a Short% of Float of 2.8900001.
