Currently, there are 3.21B common shares owned by the public and among those 2.80B shares have been available to trade.
The company’s stock has a 5-day price change of 8.05% and 92.70% over the past three months. TSLA shares are trading 5.61% year to date (YTD), with the 12-month market performance up to 97.87% higher. It has a 12-month low price of $138.80 and touched a high of $488.54 over the same period. TSLA has an average intraday trading volume of 92.68 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.15%, 11.88%, and 69.55% respectively.
Institutional ownership of Tesla Inc (NASDAQ: TSLA) shares accounts for 46.76% of the company’s 3.21B shares outstanding.
It has a market capitalization of $1369.09B and a beta (3y monthly) value of 2.35. The stock’s trailing 12-month PE ratio is 116.84, while the earnings-per-share (ttm) stands at $3.65. The company has a PEG of 43.79 and a Quick Ratio of 1.37 with the debt-to-equity ratio at 0.18. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.54% over the week and 6.10% over the month.
Analysts forecast that Tesla Inc (TSLA) will achieve an EPS of 0.76 for the current quarter, 0.7 for the next quarter and 3.26 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.59 while analysts give the company a high EPS estimate of 0.59. Comparatively, EPS for the current quarter was 0.71 a year ago. Earnings per share for the fiscal year are expected to decrease by -21.54%, and 35.00% over the next financial year.
Looking at the support for the TSLA, a number of firms have released research notes about the stock. Barclays stated their Equal Weight rating for the stock in a research note on January 15, 2025, with the firm’s price target at $270-$325. BofA Securities coverage for the Tesla Inc (TSLA) stock in a research note released on January 07, 2025 offered a Neutral rating with a price target of $490. New Street was of a view on January 06, 2025 that the stock is Buy, while Robert W. Baird gave the stock Outperform rating on December 18, 2024, issuing a price target of $280- $480. Mizuho on their part issued Outperform rating on December 17, 2024.
