Tesla Inc (NASDAQ: TSLA) closed the day trading at $202.64 up 0.38% from the previous closing price of $201.88. In other words, the price has increased by $+0.76 from its previous closing price. On the day, 81958375 shares were traded. TSLA stock price reached its highest trading level at $204.52 during the session, while it also had its lowest trading level at $198.50.
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 21.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 148.12. 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:
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 Feb 21 when DENHOLM ROBYN M sold 93,706 shares for $194.73 per share. The transaction valued at 18,247,018 led to the insider holds 15,000 shares of the business.
Taneja Vaibhav sold 4,000 shares of TSLA for $1,000,000 on Dec 14. The Chief Financial Officer now owns 104,930 shares after completing the transaction at $250.00 per share. On Dec 06, another insider, Baglino Andrew D, who serves as the SVP Powertrain and Energy Eng. of the company, sold 1,298 shares for $244.34 each. As a result, the insider received 317,279 and left with 69,390 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 645.37B and an Enterprise Value of 625.84B. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.09, and their Forward P/E ratio for the next fiscal year is 47.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.67 while its Price-to-Book (P/B) ratio in mrq is 10.30. Its current Enterprise Value per Revenue stands at 6.47 whereas that against EBITDA is 42.30.
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 212.57, while the 200-Day Moving Average is calculated to be 234.79.
Shares Statistics:
Over the past 3-months, TSLA traded about 109.55M shares per day on average, while over the past 10 days, TSLA traded about 97.93M shares per day. 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 0.81, 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
Current recommendations for the stock of the company come from 24 analysts. On average, analysts expect EPS of $0.67 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.4, while EPS last year was $0.85. The consensus estimate for the next quarter is $0.75, with high estimates of $0.94 and low estimates of $0.5.
Analysts are recommending an EPS of between $4.23 and $1.81 for the fiscal current year, implying an average EPS of $3.08. EPS for the following year is $4.18, with 34 analysts recommending between $6.86 and $2.64.
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 $101.23B, resulting in an average revenue estimate of $109.84B. In the same quarter a year ago, actual revenue was $96.77B, up 13.50% from the average estimate. Based on 37 analysts’ estimates, the company’s revenue will be $132.22B 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 20.40% from the average revenue estimate for this year.
