(NASDAQ:TSLA) reported its EPS in the last quarter as $-0.69/Share lagging the analyst estimate of $-0.43/Share by the difference of $-0.26.
Tesla Motors, Inc. (NASDAQ:TSLA) topped its 52-week high price of $287.39 on Feb 14, 2017 and 52-Week Low Price of $178.19 on Nov 14, 2016. The shares were sold at an average price of $190.82, for a total value of $6,379,112.60. Advisory Services Network LLC increased its position in Tesla Motors by 14.5% in the third quarter. Finally, Bank of America Corp restated a sell rating and issued a $155.00 price objective on shares of Tesla Motors in a report on Thursday, October 27th. Seven analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the company.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
Tesla, Inc. (NASDAQ:TSLA)went up 0.01% during trading on the USA exchange where it had a trading capacity of 4.8M shares. The stock's market cap is $38.83 billion. The current share price indicate that stock is -13.01% away from its one year high and is moving 40.29% ahead of its 52-week low. In order to determine directional movement, the 50-day and 200-day moving averages for Tesla, Inc.
Tesla Motors, Inc. closed its last trading session at $246.23 with the gain of 1.53%. The electric vehicle producer reported ($0.69) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.43) by $0.26. The firm earned $2.29 billion during the quarter, compared to analyst estimates of $2.21 billion. General Motors Company had a net margin of 5.69% and a return on equity of 22.14%.
Record sales of crossovers, large SUVs and pickups in February drove General Motors Company (NYSE:GM) retail market share up more than one-half percentage point versus a year ago. The higher price estimate target is at $375 according to the Analysts.Tesla Motors, Inc. If you are reading this report on another website, it was illegally copied and republished in violation of global trademark and copyright legislation. The legal version of this report can be read at [[permalink]]. 1,168,916 shares of the company's stock traded hands. Studies indicate that the stock prices of firms with significant positive earnings surprises show above-average performance, while those with negative surprises have below-average performance. Following the transaction, the director now directly owns 166,846 shares in the company, valued at $35,521,513.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The Stock now has a Weekly Volatility of 3.26% and Monthly Volatility of 2.74%. Reilly Financial Advisors LLC now owns 492 shares of the electric vehicle producer's stock valued at $100,000 after buying an additional 237 shares during the period. The disclosure for this sale can be found here. Following the sale, the vice president now owns 15,433 shares of the company's stock, valued at approximately $3,528,138.13. Baillie Gifford & Co. increased its position in shares of Tesla Motors by 9.5% in the second quarter. Toronto Dominion Bank now owns 544 shares of the electric vehicle producer's stock valued at $115,000 after buying an additional 1,305 shares during the period.
Institutional investors have recently made changes to their positions in the stock.
"While we believe Tesla presently has a lead relative to OEM (original equipment manufacturer) peers with respect to vehicle technology adoption, electric vehicle architecture, and (potentially) battery scale, our concerns are more near-term oriented with respect to operational execution on the Model 3 launch, an unproven solar business, and cash needs", wrote Goldman Sachs' analysts led by David Tamberrino in a note.