Media coverage about Tesla (NASDAQ:TSLA) has trended positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tesla earned a media sentiment score of 2.20 on their scale. InfoTrie also assigned news stories about the electric vehicle producer an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the headlines that may have impacted Tesla’s ranking:
Tesla, Inc. (NASDAQ:TSLA) SVP Andrew D. Baglino Sells 10,000 Shares (americanbankingnews.com)
Tesla has increased the price of its ‘Full Self-Driving’ option to $10,000 – TechCrunch (techcrunch.com)
Tesla Is On Track To Deliver 1 Million EVs In 2021 (finance.yahoo.com)
Tesla vs. Hyliion: Which Stock is a Better Buy? (stocknews.com)
Tesla Model Y From Giga Berlin Expected In Q1/Q2 2021 — Rumors – CleanTechnica (cleantechnica.com)
TSLA has been the subject of a number of research analyst reports. Independent Research reissued a “sell” rating and issued a $114.00 target price on shares of Tesla in a report on Wednesday, September 2nd. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their price objective on Tesla from $117.00 to $137.00 and gave the stock a “sell” rating in a report on Tuesday. Morgan Stanley lifted their price objective on Tesla from $333.00 to $360.00 and gave the stock an “equal weight” rating in a report on Friday, October 23rd. Bank of America raised Tesla from an “underperform” rating to a “neutral” rating in a report on Friday, August 14th. Finally, The Goldman Sachs Group set a $450.00 price objective on Tesla and gave the stock a “neutral” rating in a report on Tuesday, October 20th. Eleven research analysts have rated the stock with a sell rating, thirteen have given a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Tesla has an average rating of “Hold” and an average price target of $246.31.
Shares of Tesla stock opened at $410.83 on Friday. The stock’s 50-day simple moving average is $421.37 and its 200-day simple moving average is $287.55. Tesla has a 52 week low of $61.85 and a 52 week high of $502.49. The company has a market capitalization of $389.43 billion, a price-to-earnings ratio of 1,069.87, a PEG ratio of 20.46 and a beta of 1.68. The company has a quick ratio of 0.92, a current ratio of 1.25 and a debt-to-equity ratio of 0.98.
Tesla (NASDAQ:TSLA) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.54. Tesla had a return on equity of 4.19% and a net margin of 1.43%. During the same period in the prior year, the company earned $0.37 EPS. On average, equities analysts expect that Tesla will post 0.62 earnings per share for the current year.
In related news, SVP Andrew D. Baglino sold 10,000 shares of the business’s stock in a transaction dated Tuesday, October 27th. The stock was sold at an average price of $424.60, for a total value of $4,246,000.00. Following the sale, the senior vice president now directly owns 29,837 shares in the company, valued at $12,668,790.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Robyn M. Denholm sold 43,610 shares of the business’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $417.98, for a total value of $18,228,107.80. Following the completion of the sale, the director now owns 48,610 shares in the company, valued at $20,318,007.80. The disclosure for this sale can be found here. Insiders sold 122,064 shares of company stock worth $56,674,449 over the last quarter. 23.00% of the stock is owned by company insiders.
Tesla Company Profile
Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles.