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 -1.75% and 86.53% over the past three months. TSLA shares are trading 0.68% year to date (YTD), with the 12-month market performance up to 94.41% 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 94.56 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 -1.80%, 3.93%, and 58.54% respectively.
Institutional ownership of Tesla Inc (NASDAQ: TSLA) shares accounts for 46.74% of the company’s 3.21B shares outstanding.
It has a market capitalization of $1305.15B and a beta (3y monthly) value of 2.33. The stock’s trailing 12-month PE ratio is 111.38, while the earnings-per-share (ttm) stands at $3.65. The company has a PEG of 10.77 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 4.14% over the week and 5.16% over the month.
Earnings per share for the fiscal year are expected to decrease by -21.42%, and 34.84% over the next financial year.
Looking at the support for the TSLA, a number of firms have released research notes about the stock. Wedbush stated their Outperform rating for the stock in a research note on January 22, 2025, with the firm’s price target at $515-$550. Barclays coverage for the Tesla Inc (TSLA) stock in a research note released on January 15, 2025 offered a Equal Weight rating with a price target of $325. BofA Securities was of a view on January 07, 2025 that the stock is Neutral, while New Street gave the stock Buy rating on January 06, 2025, issuing a price target of $460. Robert W. Baird on their part issued Outperform rating on December 18, 2024.
