Tesla, Inc. (TSLA): Analyst Rating Changes and PT Levels


They issued a "buy" rating and a $280.00 price objective on the stock.

Royal Bank of Canada reaffirmed their sector perform rating on shares of Tesla Motors, Inc. Morgan Stanley cut their price objective on Tesla Motors from $245.00 to $242.00 and set an "equal weight" rating on the stock in a research report on Wednesday, November 23rd. Analysts have a mean recommendation of 2.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Many analysts are providing their Estimated Earnings analysis for Tesla Motors, Inc. and for the current quarter 15 analysts have projected that the stock could give an Average Earnings estimate of $-0.54/share.

Pepsico, Inc. (NYSE:PEP) went down -0.59% during trading on the U.S. exchange when it had traded 4.75M shares. The stock's market capitalization is 38.75B. Latest closing price was 3.27% above its 50-day moving average and 15.23% above its 200-day moving average.

The 16 analysts offering 12-month price forecasts for Tesla have a median target of 207.50, with a high estimate of 338.00 and a low estimate of 155.00.

Tesla Motors (NASDAQ:TSLA) last announced its earnings results on Wednesday, February 22nd. The electric vehicle producer reported ($0.69) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.43) by $0.26. The business had revenue of $43.90 billion for the quarter, compared to analyst estimates of $40.97 billion.

Tesla Motors, Inc. Gross Margin percentage stands at 22.8% while its Operating Margin for trailing twelve month is -9.5 percent and Profit margin (ttm) is -9.6 Percent. During the same period previous year, the business earned ($0.87) EPS. These analysts have also projected a Low Estimate of $-1.79/share and a High Estimate of $0.83/share.

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In related news, Director Kimbal Musk sold 2,500 shares of Tesla Motors stock in a transaction on Tuesday, January 3rd. In the last quarter, insiders have sold 14,700 shares of company stock valued at $3,610,196. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. The shares were sold at an average price of $254.44, for a total value of $1,424,864.00. Following the transaction, the director now directly owns 166,846 shares in the company, valued at $35,521,513.40. The disclosure for this sale can be found here. Corporate insiders own 27.70% of the company's stock.

While looking at the Stock's Performance, Tesla Motors, Inc. now shows a Weekly Performance of -9.88%, where Monthly Performance is -1.17%, Quarterly performance is 27.12%, 6 Months performance is 13.64% and yearly performance percentage is 30.25%.

Goldman Sachs Group Inc downgraded shares of Tesla Motors, Inc. Advisory Services Network LLC now owns 489 shares of the electric vehicle producer's stock valued at $100,000 after buying an additional 62 shares during the period. Toronto Dominion Bank increased its position in Tesla Motors by 171.5% in the second quarter. Baillie Gifford & Co. now owns 13,066,791 shares of the electric vehicle producer's stock worth $2,773,818,000 after buying an additional 1,137,759 shares during the last quarter. Feltz Wealth PLAN Inc. acquired a new position in shares of Tesla Motors during the second quarter worth about $194,000. Proficio Capital Partners LLC now owns 501 shares of the electric vehicle producer's stock valued at $116,000 after buying an additional 180 shares during the period.