Tesla (NASDAQ: TSLA) shares have received a consensus ‘hold’ recommendation from 36 firms. 11 analysts assigned a rating of ‘sell’, 9 allotted ‘buy’, and 1 issued ‘strong-buy’. The firm had a $305.37 average price objective for 12 months last year.
On Monday the company started from $14.27 with the market cap being $679.58 billion. Their lowest in the year is $70.10 while the highest is $900.40. They have shares of 1,340,184 compared to 35,016,313 average volume. Their current, quick, and leverage ratio is 1.63, 1.32, and 0.63. Their 50-day rolling average is $769.28 while 200-day is $590.44.
According to their 27th January report, their quarterly EPS was $0.80, topping the $0.63 consensus estimate by almost $0.17. They had a 1.97% net margin along with a 4.93% equity return. Their revenue was $10.70, surpassing the $10.38 billion estimate.
Performance Of TSLA Stock In The Market
Zacks promoted their rating of TSLA shares to ‘strong-buy’ from ‘hold’ with a price objective of $747. Roth capital reassigned the rating of ‘neutral’ and allotted a price objective of $150. FIX upgraded the rating to ‘buy’. Sanford Bernstein reassigned a rating of ‘sell’ and allotted a price objective of $180. Credit Suisse reassigned a rating of ‘neutral’.
Vaibhav Taneja, CAO, sold 4,463 TSLA shares at $762.99 EPS worth $3,405,224.37. Jerome Guillen, the insider, sold off 600 TSLA shares at $711.30 EPS worth $426,780. 23% of Tesla stock is owned by insiders.
Northern Trust Corporation upgraded their holdings on Tesla stock by nearly 64.1%, owning $5,712,005,000 worth of shares. Norges Bank bought a new stake and owns $5,497,219,000 worth of shares. Nuveen Management lifted their position by roughly 267.9%, owning shares priced at $2,264,369,000. Price Associates promoted their stake by approximately 57.2% and they own shares priced at $2,450,790,000. Schwab Management upped its position by almost 61.5%, owning $2,388,575,000 worth of shares. 41.39% of TSLA stock is owned by institutional investors.
