In recent trading session, Tesla Inc. (NASDAQ:TSLA) saw 9.32 million shares changing hands at last check today with its beta currently measuring 1.98. Company’s recent per share price level of $1034.75 trading at $3.19 or 0.31% at last check today assigns it a market valuation of $1035.95B. That most recent trading price of TSLA’s stock is at a discount of -20.17% from its 52-week high price of $1243.49 and is indicating a premium of 47.86% from its 52-week low price of $539.49. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 27.91 million shares which gives us an average trading volume of 27.93 million if we extend that period to 3-months.
For Tesla Inc. (TSLA), analysts’ consensus is at an average recommendation of a Hold while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 41 analysts covering the stock, 8 rated the stock as a Sell while 3 recommended an Overweight rating for the stock. 12 suggested the stock as a Hold whereas 15 see the stock as a Buy. 3 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $2.09 in the current quarter.
Tesla Inc. (NASDAQ:TSLA) trade information
Upright in the green today for gaining 0.31%, in the last five days TSLA remained trading in the red while hitting it’s week-highest on Thursday, 01/13/22 when the stock touched $1034.75 price level, adding 7.25% to its value on the day. Tesla Inc.’s shares saw a change of -2.39% in year-to-date performance and have moved -3.11% in past 5-day. Tesla Inc. (NASDAQ:TSLA) showed a performance of 7.62% in past 30-days. Number of shares sold short was 25.82 million shares which calculate 1.06 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $921.09 to the stock, which implies a fall of -12.34% to its recent value today. Analysts have been projecting $67.00 as a low price target for the stock while placing it at a high target of $1580.00. It follows that stock’s current price would drop -52.69% in reaching the projected high whereas dropping to the targeted low would mean a gain of 93.53% for stock’s current value.
Tesla Inc. (TSLA) estimates and forecasts
Statistics highlight that Tesla Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added 60.13% of value to its shares in past 6 months, showing an annual growth rate of 180.80% while that of industry is 16.20. Apart from that, the company came raising its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to increase by 161.20% in the current quarter and calculating 114.00% increase in the next quarter. This year revenue growth is estimated to rise 64.70% from the last financial year’s standing.
21 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $15.75 billion for the same. And 11 analysts are in estimates of company making revenue of $16.1 billion in the next quarter that will end on Mar 2022. Company posted $10.74 billion and $10.39 billion of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 46.60% while estimating it to be 55.00% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 19.70% during past 5 years. In 2022, company’s earnings growth rate is likely to be around 165.00% while estimates for its earnings growth in next 5 years are of 79.25%.
Tesla Inc. is more likely to be releasing its next quarterly report between January 25 and January 31 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Tesla Inc. (NASDAQ:TSLA)’s Major holders
Insiders are in possession of 19.96% of company’s total shares while institution are holding 42.40 percent of that, with stock having share float percentage of 52.98%. Investors also watch the number of corporate investors in a company very closely, which is 42.40% institutions for Tesla Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at TSLA for having 61.99 million shares of worth $48.07 billion. And as of Sep 29, 2021, it was holding 6.17% of the company’s outstanding shares.
The second largest institutional holder is Blackrock Inc., which was holding about 52.83 million shares on Sep 29, 2021. The number of shares represents firm’s hold over 5.26% of outstanding shares, having a total worth of $40.97 billion.
On the other hand, Vanguard Total Stock Market Index Fund and Growth Fund Of America Inc are the top two Mutual Funds which own company’s shares. As of Sep 29, 2021, the former fund manager was holding 22.65 million shares of worth $17.56 billion or 2.26% of the total outstanding shares. The later fund manager was in possession of 20.76 million shares on Sep 29, 2021, making its stake of worth around $16.1 billion in the company or a holder of 2.07% of company’s stock.