Tesla Inc [NASDAQ: TSLA] jumped around 7.2 points on Friday, while shares priced at $248.23 at the close of the session, up 2.99%.
Compared to the average trading volume of 96.01M shares, TSLA reached a trading volume of 155444329 in the most recent trading day, which is why market watchdogs consider the stock to be active.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
What do top market gurus 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 $202.77 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 2.53. 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.
Mizuho have made an estimate for Tesla Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on July 12, 2024. While these analysts kept the previous recommendation, UBS raised their target price from $147 to $197. The new note on the price target was released on July 12, 2024, representing the official price target for Tesla Inc stock. Previously, the target price had yet another raise from $175 to $248, while Goldman kept a Neutral rating on TSLA stock.
The Average True Range (ATR) for Tesla Inc is set at 12.19, with the Price to Sales ratio for TSLA stock in the period of the last 12 months amounting to 8.36. The Price to Book ratio for the last quarter was 12.30, with the Price to Cash per share for the same quarter was set at 8.54. Price to Free Cash Flow for TSLA in the course of the last twelve months was 572.83 with Quick ratio for the last quarter at 1.17.
How has TSLA stock performed recently?
Tesla Inc [TSLA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.31. With this latest performance, TSLA shares gained by 45.45% in over the last four-week period, additionally plugging by 6.11% over the last 6 months – not to mention a drop of -8.74% 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 69.30, with the RSI for the last a single of trading hit 67.68, and the three-weeks RSI is set at 68.30 for Tesla Inc [TSLA]. The present Moving Average for the last 50 days of trading for this stock 191.36, while it was recorded at 253.56 for the last single week of trading, and 205.44 for the last 200 days.
Tesla Inc [TSLA]: Deeper insight into the fundamentals
Tesla Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.17 and a Current Ratio set at 1.72.
Earnings analysis for Tesla Inc [TSLA]
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 14.07%.
Insider trade positions for Tesla Inc [TSLA]
The top three institutional holders of TSLA stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in TSLA stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in TSLA stock with ownership which is approximately 5.1238%.
