(NASDAQ:TSLA) have recently changed their ratings on the stock.
An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. Gofen And Glossberg Limited Liability Company Il holds 0.01% or 1,060 shares in its portfolio. Equities analysts predict that Tesla will post ($5.75) earnings per share for the current fiscal year.
In the latest earnings report the EPS was $-4.77 and is expected to be $-5.86 for the current year with 164,259,000 shares presently outstanding.
The share is moved forward to its percent change from 52-week low of 20.82% and hanging back from its percent change from 52-week high of -6.54%.
$1.42M worth of Tesla Inc (NASDAQ:TSLA) was sold by Gracias Antonio J. on Wednesday, January 25.
Screenshot via Teslarati
So the company lags the analysts estimate by $-0.52/share showing a surprise of -64.2%. Tesla had a negative net margin of 8.46% and a negative return on equity of 17.13%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.56 billion. Baird set a $368.00 price target on shares of Tesla and gave the stock a buy rating in a research note on Thursday, March 16th. Deutsche Bank AG restated a "hold" rating and issued a $240.00 price target on shares of Tesla in a research report on Thursday, May 4th. Zacks Investment Research raised shares of Tesla from a "hold" rating to a "buy" rating and set a $345.00 target price for the company in a report on Tuesday, April 25th.
06/12/2017 - Tesla Motors, Inc. had its " rating reiterated by analysts at Global Equities Research. $33.58 million worth of Tesla Inc (NASDAQ:TSLA) shares were sold by Straubel Jeffrey B. The stock was sold at an average price of $315.67, for a total value of $789,175.00. Following the completion of the sale, the director now directly owns 168,355 shares in the company, valued at $53,144,622.85. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The stock was sold at an average price of $367.68, for a total value of $1,724,419.20. The firm's institutional ownership remained 66.10% while insider ownership included 0.30%. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 242,290 shares of company stock worth $74,919,505.
A number of hedge funds have recently modified their holdings of the stock. Jennison Associates LLC boosted its stake in shares of Tesla by 7.6% in the first quarter. 10,346,127 shares of the stock were exchanged. Eqis Capital Management Inc. increased its stake in shares of Tesla by 1.2% in the first quarter. (TSLA) have 173.97 million outstanding shares now held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders. Pathstone Family Office LLC bought a new position in Tesla during the first quarter valued at about $134,000. SRS Capital Advisors Inc. now owns 394 shares of the electric vehicle producer's stock valued at $109,000 after buying an additional 364 shares during the last quarter. As of the end of the quarter Fisher Asset Management, LLC had disposed of a total of 253 shares trimming its position 15.9%. Baillie Gifford & Co. now owns 13,289,548 shares of the electric vehicle producer's stock valued at $2,839,843,000 after buying an additional 454,467 shares in the last quarter. The current trading volume of 13.82 sits 81.6% higher than the past 3 month's readings, indicating near-term traders have been more active toward TSLA than usual of late. Insiders own 23.10% of the company's stock. (NYSE:STWD)'s stock on Tuesday traded at beginning with a price of $22.15 and when day-trade ended the stock finally moved up 0.41% to reach at $22.17. The company had a trading volume of 7,355,917 shares. (NASDAQ:TSLA) was up 3.53% at $327.22 on Tuesday, in a 52-week range of $178.19 to $386.99 and with a consensus analyst target price of $293.06. Tesla Inc. The stock has a 50 day moving average of $346.84 and a 200-day moving average of $283.13. The company has market cap of $54.55 billion.
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