(NASDAQ:TSLA) in a research report sent to investors on Friday morning. They now have a $300.00 price objective on the electric vehicle producer's stock. Baillie Gifford & Co. increased its position in shares of Tesla Motors by 9.5% in the second quarter. Given that its average daily volume over the 30 days has been 5.06 million shares a day, this signifies a pretty significant change over the norm. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Tesla Motors by 21.4% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 2,807,714 shares of the electric vehicle producer's stock worth $572,858,000 after buying an additional 110,714 shares in the last quarter. Stevens Capital Management LP acquired a new position in shares of Tesla Motors during the third quarter worth $4,092,000.
Guggenheim restated their buy rating on shares of Tesla Motors, Inc. (NYSE:PEP) last announced results for quarter ended on 31 Dec 2016, disclosing EPS of $1.2. FMR LLC increased its position in shares of Tesla Motors by 13.3% in the fourth quarter. 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.
Tesla Motors, Inc. has 1 year price target of $244.38. (NASDAQ:TSLA) traded up 1.54% during mid-day trading on Tuesday, reaching $216.99. Annual EPS Growth of past 5 years is -13.10%. current share price indicate that stock is -13.00% away from its one year high and is moving 40.31% ahead of its 52-week low.
The Stock now has the market capitalization of $40.12 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 2.92% and monthly volatility of 2.69% respectively. Recently, shares have traded $35.08 away from the 200-day moving average of $215.95. Currently, Tesla, Inc. has a price to earnings or P/E Ratio of N/A. The mean revenue estimate for the current fiscal period ending March 2017 is $2.41B by 15 brokerage firms. Tesla Motors had a negative net margin of 14.74% and a negative return on equity of 29.17%. The average revenue estimate for the year ending December 2017 is $63.04B by 18 analysts. Stock has got OUTPERFORM rating from 1 analyst of Thomson Reuters, 2 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. Dougherty & Co reduced their target price on shares of Tesla from $500.00 to $375.00 and set a "buy" rating for the company in a report on Thursday, February 23rd. Pacific Crest reaffirmed a "hold" rating on shares of Tesla Motors in a research note on Tuesday, December 20th. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/03/02/deutsche-bank-ag-reiterates-hold-rating-for-tesla-motors-inc-tsla.html.
02/23/2017 - Tesla Motors, Inc. had its "hold" rating reiterated by analysts at CFRA Research. Following the completion of the sale, the director now owns 5,600 shares in the company, valued at approximately $1,424,472. The shares were sold at an average price of $212.90, for a total transaction of $532,250.00.
Tesla's shares dropped 4.19 percent to close at $246.23 a share on Monday. Following the transaction, the vice president now directly owns 15,433 shares in the company, valued at $3,528,138.13. The disclosure for this sale can be found here. Insiders own 27.70% of the company's 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. The Company sells and produces a vehicle under the name Model S which is a fully electric four-door five-adult passenger sedan.
Firstly, he expects new vehicles to be revealed this year with the likes of the all-electric compact SUV, the Model Y, an all-electric minibus, an all-electric pickup truck, and Tesla Semi. In addition to developing its own vehicles it develops sells and services full electric powertrain systems and components to other automobile manufacturers.