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As of close of business last night, Tesla Inc’s stock clocked out at $328.49, down -6.15% from its previous closing price of $350.00. In other words, the price has decreased by -$6.15 from its previous closing price. On the day, 152.63 million shares were traded. TSLA stock price reached its highest trading level at $345.84 during the session, while it also had its lowest trading level at $323.31.
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 30.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 292.10. 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, Wells Fargo on October 24, 2024, Reiterated its Underweight rating but revised its target price to $125 from $120 previously.
On October 24, 2024, Truist reiterated its Hold rating and also lowered its target price recommendation from $236 to $238.
RBC Capital Mkts reiterated its Outperform rating for the stock on October 24, 2024, while the target price for the stock was revised from $236 to $249.
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 Nov 08 ’24 when VAIBHAV TANEJA bought 8,000 shares for $296.91 per share.
Musk Kimbal sold 60,500 shares of TSLA for $15,138,945 on Nov 01 ’24. The Director now owns 1,563,220 shares after completing the transaction at $250.23 per share. On Nov 01 ’24, another insider, Taneja Vaibhav, who serves as the Chief Financial Officer of the company, sold 4,000 shares for $251.76 each. As a result, the insider received 1,007,040 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 1123521265664 and an Enterprise Value of 1034868031488. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 89.99, and their Forward P/E ratio for the next fiscal year is 99.25. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.85 while its Price-to-Book (P/B) ratio in mrq is 15.06. Its current Enterprise Value per Revenue stands at 10.652 whereas that against EBITDA is 78.139.
Stock Price History:
Over the past 52 weeks, TSLA has reached a high of $358.64, while it has fallen to a 52-week low of $138.80. The 50-Day Moving Average of the stock is 33.39%, while the 200-Day Moving Average is calculated to be 59.52%.
Shares Statistics:
It appears that TSLA traded 84.59M shares on average per day over the past three months and 116763390 shares per day over the past ten days. A total of 3.19B shares are outstanding, with a floating share count of 2.79B. Insiders hold about 12.99% of the company’s shares, while institutions hold 45.98% stake in the company. Shares short for TSLA as of 1728950400 were 79364249 with a Short Ratio of 0.92, compared to 1726185600 on 77219507. Therefore, it implies a Short% of Shares Outstanding of 79364249 and a Short% of Float of 2.8399997999999997.
