Tesla Inc. [NASDAQ: TSLA] closed the trading session at $274.39 on 09/15/23. The day’s price range saw the stock hit a low of $271.00, while the highest price level was $278.98. The company report on July 2, 2023 at 12:03 PM that Tesla Vehicle Production & Deliveries and Date for Financial Results & Webcast for Second Quarter 2023.
In the second quarter, we produced nearly 480,000 vehicles and delivered over 466,000 vehicles.
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The stocks have a year to date performance of 122.76 percent and weekly performance of 10.42 percent. The stock has been moved at 49.02 percent over the last six months. The stock has performed 21.63 percent around the most recent 30 days and changed 7.23 percent over the most recent 3-months.
If compared to the average trading volume of 124.43M shares, TSLA reached to a volume of 133267576 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tesla Inc. [TSLA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TSLA shares is $241.68 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TSLA stock is a recommendation set at 2.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
UBS have made an estimate for Tesla Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on September 13, 2023.
The Average True Range (ATR) for Tesla Inc. is set at 10.94, with the Price to Sales ratio for TSLA stock in the period of the last 12 months amounting to 9.32. The Price to Book ratio for the last quarter was 17.02, with the Price to Cash per share for the same quarter was set at 7.23. Price to Free Cash Flow for TSLA in the course of the last twelve months was 142.19 with Quick ratio for the last quarter at 1.10.
TSLA stock trade performance evaluation
Tesla Inc. [TSLA] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.42. With this latest performance, TSLA shares gained by 21.63% in over the last four-week period, additionally plugging by 49.02% over the last 6 months – not to mention a drop of -9.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TSLA stock in for the last two-week period is set at 61.65, with the RSI for the last a single of trading hit 65.59, and the three-weeks RSI is set at 59.05 for Tesla Inc. [TSLA]. The present Moving Average for the last 50 days of trading for this stock 256.42, while it was recorded at 272.56 for the last single week of trading, and 202.31 for the last 200 days.
Tesla Inc. [TSLA]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Tesla Inc. [TSLA] shares currently have an operating margin of +16.98 and a Gross Margin at +25.60. Tesla Inc.’s Net Margin is presently recorded at +15.45.
Return on Total Capital for TSLA is now 30.04, given the latest momentum, and Return on Invested Capital for the company is 29.41. Return on Equity for this stock inclined to 33.60, with Return on Assets sitting at 17.42. When it comes to the capital structure of this company, Tesla Inc. [TSLA] has a Total Debt to Total Equity ratio set at 12.86. Additionally, TSLA Total Debt to Total Capital is recorded at 11.39, with Total Debt to Total Assets ending up at 6.98. Long-Term Debt to Equity for the company is recorded at 8.41, with the Long-Term Debt to Total Capital now at 7.45.
Reflecting on the efficiency of the workforce at the company, Tesla Inc. [TSLA] managed to generate an average of $98,416 per employee. Receivables Turnover for the company is 33.49 with a Total Asset Turnover recorded at a value of 1.13.Tesla Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.60.
Earnings per share (EPS) analysis for Tesla Inc. [TSLA] stock
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TSLA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tesla Inc. go to 10.68%.
Tesla Inc. [TSLA]: Institutional Ownership
The top three institutional holders of TSLA stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in TSLA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in TSLA stock with ownership which is approximately 5.7381%.
