Tesla Inc. (NASDAQ: TSLA) is 3.42% higher on its value in year-to-date trading and has touched a low of $70.10 and a high of $718.72 in the current 52-week trading range. The TSLA stock was last observed hovering at around $705.67 in the last trading session, with the day’s gains setting it 24.1%.
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Currently trading at $729.77, the stock is 13.14% and 36.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 48.45 million and changing 3.42% at the moment leaves the stock 119.35% off its SMA200. TSLA registered 723.65% gain for a year compared to 6-month gain of 166.03%. The firm has a 50-day simple moving average (SMA 50) of $599.49 and a 200-day simple moving average (SMA200) of $417.76.
The stock witnessed a 28.30% loss in the last 1 month and extending the period to 3 months gives it a 75.81%, and is 10.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.48% over the week and 5.26% over the month.
Tesla Inc. (TSLA) has around 48016 employees, a market worth around $691.75B and $28.18B in sales. Current P/E ratio is 1445.09 and Fwd P/E is 189.85. Profit margin for the company is 1.90%. Distance from 52-week low is 941.01% and 1.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.90%).
Tesla Inc. (TSLA) Analyst Forecasts
Tesla Inc. quarterly earnings per share for the current quarter are estimated at $0.89 with sales reaching $10.09B over the same period.The EPS is expected to grow by 14.90% this year, but quarterly earnings will post 26.00% year-over-year. Quarterly sales are estimated to grow 36.70% in year-over-year returns.
Tesla Inc. (TSLA) Top Institutional Holders
2,076 institutions hold shares in Tesla Inc. (TSLA), with 189.44M shares held by insiders accounting for 19.99% while institutional investors hold 53.14% of the company’s shares. The shares outstanding are 947.90M, and float is at 758.13M with Short Float at 5.97%. Institutions hold 42.52% of the Float.
The top institutional shareholder in the company is Capital World Investors with over 52.25 million shares valued at $22.42 billion. The investor’s holdings represent 5.51% of the TSLA Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 43.28 million shares valued at $18.57 billion to account for 4.57% of the shares outstanding. The other top investors are Blackrock Inc. which holds 38.02 million shares representing 4.01% and valued at over $16.31 billion, while Baillie Gifford and Company holds 3.66% of the shares totaling 34.71 million with a market value of $14.89 billion.
Tesla Inc. (TSLA) Insider Activity
The most recent transaction is an insider sale by Baglino Andrew D, the company’s SVP Powertrain and Energy Eng.. SEC filings show that Baglino Andrew D sold 1,500 shares of the company’s common stock on Dec 28 at a price of $674.68 per share for a total of $1.01 million. Following the sale, the insider now owns 19726.0 shares.
Tesla Inc. disclosed in a document filed with the SEC on Dec 17 that Kirkhorn Zachary (Chief Financial Officer) sold a total of 1,250 shares of the company’s common stock. The trade occurred on Dec 17 and was made at $628.59 per share for $0.79 million. Following the transaction, the insider now directly holds 57507.0 shares of the TSLA stock.
Still, SEC filings show that on Dec 10, Guillen Jerome M (President, Automotive) disposed off 10,000 shares at an average price of $613.48 for $6.13 million. The insider now directly holds 49,959 shares of Tesla Inc. (TSLA).
Tesla Inc. (TSLA): Who are the competitors?
The company’s main competitors (and peers) include Toyota Motor Corporation (TM) that is trading 8.91% up over the past 12 months. Honda Motor Co. Ltd. (HMC) is -1.32% down on the 1-year trading charts. Short interest in the company’s stock has fallen -5.9% from the last report on Nov 12, 2020 to stand at a total of 47.9 million short shares sold with a short interest ratio of 0.88.