Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of Tesla Inc (NASDAQ: TSLA) closed at $462.28 in the last session, up 7.36% from day before closing price of $430.60. In other words, the price has increased by $7.36 from its previous closing price. On the day, 59.52 million shares were traded. TSLA stock price reached its highest trading level at $462.78 during the session, while it also had its lowest trading level at $435.14.
Ratios:
We take a closer look at TSLA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 441.31. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1483946590208 and an Enterprise Value of 1331541704704. As of this moment, Tesla’s Price-to-Earnings (P/E) ratio for their current fiscal year is 126.64, and their Forward P/E ratio for the next fiscal year is 138.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 137.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.40 while its Price-to-Book (P/B) ratio in mrq is 21.20. Its current Enterprise Value per Revenue stands at 13.706 whereas that against EBITDA is 100.539.
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 40.22%, while the 200-Day Moving Average is calculated to be 97.84%.
Shares Statistics:
According to the various share statistics, TSLA traded on average about 92.48M shares per day over the past 3-months and 109673160 shares per day over the past 10 days. 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 46.63% stake in the company. Shares short for TSLA as of 1732838400 were 77192871 with a Short Ratio of 0.87, compared to 1730332800 on 77944508. Therefore, it implies a Short% of Shares Outstanding of 77192871 and a Short% of Float of 2.76.
