Earnings Worth Watching: Rise Expected for Tesla Motors Inc (TSLA) EPS


(NASDAQ:TSLA) in a research report report published on Thursday. Barclays PLC set a $165.00 target price on shares of Tesla Motors and gave the company a "sell" rating in a research note on Monday, October 10th.

Currently, the stock carries a price to earnings ratio of 31.58, a price to book ratio of 4.75, and a price to sales ratio of 0.88. Pacific Crest reiterated a "hold" rating on shares of Tesla Motors in a research report on Wednesday, September 28th.

Previously on Thursday October 27, 2016, RBC Capital Markets reported about Tesla Motors Inc (NASDAQ:TSLA) raised the target price from $210.00 to $220.00. In the matter of earnings surprises, it can have a huge impact on a company's stock price.

Some buy side analysts are also providing their Analysis on Tesla Motors, Inc., where 2 analysts have rated the stock as Strong buy, 2 analysts have given a Buy signal, 9 said it's a HOLD, 7 reported it as Underperform and 0 analysts rated the stock as Sell.

Number of analysts are eying on this stock, and after detailed observation, they have given the stock mean target price of $14.00 while their mean recommendation is 2.70 (1=Buy, 5=sell).

Tesla Motors (NASDAQ:TSLA) opened at 197.73 on Thursday. The stock traded with the volume of 4.69 Million shares yesterday. The investment management firm now holds 2,000 shares of Tesla Motors Inc which is valued at $395,460, the company said in a statement filed on Oct 28, 2016 with the SEC.Tesla Motors Inc makes up approximately 0.38% of Commonwealth Financial Services's portfolio.

Tesla Motors, Inc. has a 50 day moving average of 202.44 and a 200 day moving average of 216.73. The company has market value of $29.79B.

Tesla Motors Inc (NASDAQ:TSLA) traded 4.26 Million shares and its share price fell -1.98% to close at $199.97. Company net profit margin stands at 1.60% whereas its return on equity (ROE) is 13.50%. The company's revenue was up 145.3% on a year-over-year basis.

EPS growth in next year is estimated to reach 87.90% while EPS growth estimate for this year is set at -193.60%. Tesla Motors Inc (NASDAQ:TSLA) quarterly performance is -13.06% while its year to date (YTD) performance is -16.68%. There were earnings of $0.74 per share. The company's past year sales total was 1.75 Billion. Synovus Financial Corp increased its stake in Tesla Motors by 0.6% in the second quarter. The weekly volatility of TSLA is 3.84% and monthly volatility is 2.79%. Amici Capital LLC acquired a new position in shares of Tesla Motors during the first quarter valued at about $3,447,000. Advisory Services Network LLC now owns 489 shares of the electric vehicle producer's stock valued at $100,000 after buying an additional 62 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of Tesla Motors by 3.1% in the second quarter. The firm's shares performance for the last one month was -5.37% and -5.69% in the previous week. Hartford Investment Management Co. raised its stake in Tesla Motors by 0.9% in the second quarter.

Tesla Motors, Inc. designs, develops, makes and sells electric vehicles and energy storage products. The Company has delivered over 107,000 Model S vehicles across the world. It also produces and sells stationary energy storage products for use in homes commercial sites and utilities.



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