Tesla Inc (NASDAQ:TSLA)’s traded shares stood at 98.74 million during the last session, with the company’s beta value hitting 2.43. At the close of trading, the stock’s price was $280.52, to imply a decrease of -0.58% or -$1.64 in intraday trading. The TSLA share’s 52-week high remains $488.54, putting it -74.16% down since that peak but still an impressive 40.32% since price per share fell to its 52-week low of $167.41. The company has a valuation of $902.30B, with an average of 120.32 million shares in intraday trading volume over the past 10 days and average of 118.47 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Tesla Inc (TSLA), translating to a mean rating of 2.49. Of 38 analyst(s) looking at the stock, 4 analyst(s) give TSLA a Sell rating. 0 of those analysts rate the stock as Overweight while 11 advise Hold as 23 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.46.
Tesla Inc (NASDAQ:TSLA) trade information
After registering a -0.58% downside in the last session, Tesla Inc (TSLA) has traded red over the past five days. The 5-day price performance for the stock is 8.10%, and 4.49% over 30 days. With these gigs, the year-to-date price performance is -30.54%. Short interest in Tesla Inc (NASDAQ:TSLA) saw shorts transact 81.3 million shares and set a 0.56 days time to cover.
The extremes give us $137 and $450 for target low and target high price respectively. As such, TSLA has been trading -60.42% off suggested target high and 51.16% from its likely low.
Tesla Inc (TSLA) estimates and forecasts
The rating firms project that company’s revenue will grow 1.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 26 analysts is 23.7B. Meanwhile, for the current quarter, a total of 24 analyst(s) estimate revenue growth to 25.15B.Earnings reports from the last fiscal year show that sales brought in 25.5B and 25.18B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -7.08% before dropping -0.14% in the following quarter.
TSLA Dividends
Tesla Inc has its next earnings report out on 2025-Apr-21. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Tesla Inc (NASDAQ:TSLA)’s Major holders
Tesla Inc insiders hold 12.87% of total outstanding shares, with institutional holders owning 49.32% of the shares at 56.61% float percentage. In total, 49.32% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 237.62 million shares (or 7.4467% of shares), all amounting to roughly $47.02 billion.
The next major institution holding the largest number of shares is BLACKROCK INC. with 190.08 million shares, or about 5.9569% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $37.61 billion.
