The stocks of TSLA have already announced the quarterly results of the company on Monday. The producer of electric vehicles has reported an EPS of $0.93 for this quarter, which was more than the consensus estimate of $0.79. The revenue generated by the company during this quarter was $10.39 billion, which was more than the consensus estimate of $9.89 billion.
The net margin of the company is 1.97%, with a 4.93% return on equity. The company had its revenue up by about 73.6% the previous year, where it also posted an EPS of $0.23.
The Stock Commentary Of TSLA
The stocks of TSLA traded on Tuesday at $738.20. The moving average price of the company over 50 days has been set at $680.35, with the moving average price of the company over a period of 200 days has been set at $650.07. The year low of the company is $136.61, with a year high of around $900.40. The current ratio of the company has been set at 1.63, with a 1.32 quick ratio, and a 0.63 debt-to-equity ratio. The market cap of the firm is $708.56 billion, with a 1,482.33 PE ratio, and an 8.81 PEG ratio.
There have been quite a few research equities that have commented on the stocks of TSLA. Jefferies Financial Group has already set up a rating of hold with a price target of $700 in a 29th March research report. Wedbush has also increased the price target to $1,000 along with a rating of buy in a 9th April research note. Canaccord Genuity has also increased the rating to buy in a 19th April research report.
Eleven investment analysts have already given the company a rating of sell, while eleven others have given the company a rating of hold. Twelve others have issued the company with a rating of buy. Currently, TSLA has a hold rating with a $384.19 price target.
