After finishing at $161.48 in the prior trading day, Tesla Inc (NASDAQ: TSLA) closed at $157.11, down -2.71%. On the day, 96999952 shares were traded.
Ratios:
Our goal is to gain a better understanding of TSLA by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 114.84. For the most recent quarter (mrq), Quick Ratio is recorded 1.25 and its Current Ratio is at 1.73. 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, Wells Fargo on April 12, 2024, Reiterated its Underweight rating but revised its target price to $120 from $125 previously.
On April 12, 2024, Citigroup reiterated its Neutral rating and also upped its target price recommendation from $196 to $180.
Piper Sandler reiterated its Overweight rating for the stock on April 10, 2024, while the target price for the stock was revised from $225 to $205.
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 Apr 01 ’24 when Baglino Andrew D sold 10,500 shares for $176.20 per share. The transaction valued at 1,850,100 led to the insider holds 31,230 shares of the business.
DENHOLM ROBYN M sold 93,705 shares of TSLA for $16,439,650 on Mar 12 ’24. The Director now owns 15,000 shares after completing the transaction at $175.44 per share. On Mar 06 ’24, another insider, Zhu Xiaotong, who serves as the SVP, Automotive of the company, sold 687 shares for $177.11 each. As a result, the insider received 121,716 and left with 63,171 shares of the company.
Valuation Measures:
As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.51, and their Forward P/E ratio for the next fiscal year is 43.05. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.39. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17 while its Price-to-Book (P/B) ratio in mrq is 7.99.
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 $152.37.
Shares Statistics:
A total of 3.19B shares are outstanding, with a floating share count of 2.77B. Insiders hold about 13.01% of the company’s shares, while institutions hold 44.64% stake in the company.
Earnings Estimates
Its stock is currently analyzed by 24 different market analysts. On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.87 and a low estimate of $0.2, while EPS last year was $0.85. The consensus estimate for the next quarter is $0.65, with high estimates of $0.91 and low estimates of $0.23.
Analysts are recommending an EPS of between $3.63 and $1.12 for the fiscal current year, implying an average EPS of $2.71. EPS for the following year is $3.71, with 36 analysts recommending between $6.84 and $1.45.
Revenue Estimates
A total of 39 analysts have provided revenue estimates for TSLA’s current fiscal year. The highest revenue estimate was $121.81B, while the lowest revenue estimate was $85.77B, resulting in an average revenue estimate of $103.57B. In the same quarter a year ago, actual revenue was $96.77B, up 7.00% from the average estimate. Based on 40 analysts’ estimates, the company’s revenue will be $121.23B in the next fiscal year. The high estimate is $166.77B and the low estimate is $46.97B. The average revenue growth estimate for next year is up 17.00% from the average revenue estimate for this year.
