As of close of business last night, Tesla Inc’s stock clocked out at $175.34, down -1.85% from its previous closing price of $178.65. In other words, the price has decreased by -$3.31 from its previous closing price. On the day, 85107803 shares were traded.
Ratios:
To gain a deeper understanding of TSLA’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 128.17. 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.
On February 06, 2024, Daiwa Securities Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $245 to $195.
Jefferies reiterated its Hold rating for the stock on January 29, 2024, while the target price for the stock was revised from $225 to $185.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 06 ’24 when Zhu Xiaotong sold 687 shares for $177.11 per share. The transaction valued at 121,716 led to the insider holds 63,171 shares of the business.
Baglino Andrew D sold 10,500 shares of TSLA for $2,143,785 on Feb 29 ’24. The SVP Powertrain and Energy Eng. now owns 31,230 shares after completing the transaction at $204.17 per share. On Feb 21 ’24, another insider, DENHOLM ROBYN M, who serves as the Director of the company, sold 93,706 shares for $194.73 each. As a result, the insider received 18,247,018 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 558.42B and an Enterprise Value of 538.90B. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.75, and their Forward P/E ratio for the next fiscal year is 41.48. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.77 while its Price-to-Book (P/B) ratio in mrq is 8.92. Its current Enterprise Value per Revenue stands at 5.57 whereas that against EBITDA is 36.42.
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. The 50-Day Moving Average of the stock is 205.20, while the 200-Day Moving Average is calculated to be 234.86.
Shares Statistics:
It appears that TSLA traded 108.35M shares on average per day over the past three months and 103.76M shares per day over the past ten days. 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 44.71% stake in the company. Shares short for TSLA as of Feb 15, 2024 were 88.65M with a Short Ratio of 0.82, compared to 80.47M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.78% and a Short% of Float of 3.20%.
Earnings Estimates
As of right now, 24 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.29, while EPS last year was $0.85. The consensus estimate for the next quarter is $0.73, with high estimates of $0.94 and low estimates of $0.32.
Analysts are recommending an EPS of between $4.23 and $1.51 for the fiscal current year, implying an average EPS of $3.05. EPS for the following year is $4.16, with 34 analysts recommending between $6.86 and $2.47.
Revenue Estimates
A total of 38 analysts have provided revenue estimates for TSLA’s current fiscal year. The highest revenue estimate was $121.81B, while the lowest revenue estimate was $96.35B, resulting in an average revenue estimate of $109.51B. In the same quarter a year ago, actual revenue was $96.77B, up 13.20% from the average estimate. Based on 37 analysts’ estimates, the company’s revenue will be $131.94B in the next fiscal year. The high estimate is $166.88B and the low estimate is $115.2B. The average revenue growth estimate for next year is up 20.50% from the average revenue estimate for this year.
