Management Inc boosted its stake in Tesla Inc. (NASDAQ:TSLA) has gone stronger by 69.4%. The institutional investor owned 16,675 shares of the electric vehicle producer's stock after acquiring an additional 1,303 shares during the period.
Analysts on average have given a price target of $318.62 to Tesla Motors, Inc.
Tesla Inc. (TSLA) will get the opportunity to regain some investor confidence when the company reveals its new semi-truck on the evening of November 16. Carroll Financial Associates Inc. now owns 349 shares of the electric vehicle producer's stock valued at $126,000 after acquiring an additional 28 shares in the last quarter.
Quarterly Earnings Growth on year-over-year basis stands at 0 percent. For the past 5 years, the company's revenue has grown 56.1%, while the company's earnings per share has grown -17.3%. Winfield Associates Inc. boosted its stake in Tesla by 85.2% in the second quarter. Toronto Dominion Bank now owns 5,551 shares of the electric vehicle producer's stock valued at $1,893,000 after buying an additional 3,969 shares during the period. Gilder Gagnon Howe & Co. Nuveen Asset Management LLC raised its holdings in Tesla by 5.0% in the first quarter. Evanson Asset Management LLC now owns 3,838 shares of the electric vehicle producer's stock worth $1,388,000 after purchasing an additional 51 shares during the period.
TSLA has been the subject of several analyst reports.
Sonata Capital Group Inc. increased its holdings in Tesla Inc. They issued a "neutral" rating and a $357.00 price target for the company.
Tesla Motors, Inc. (TSLA)'s RSI (Relative strength index) is at 41.14, its ATR (Average True Range) value is 10.19, while its Beta factor was calculated at 1.01. (The) reiterated a "sell" rating and issued a $180.00 target price (down previously from $190.00) on shares of Tesla in a research report on Monday, July 31st. Royal Bank Of Canada raised their price objective on shares of Tesla from $314.00 to $345.00 and gave the stock a "sector perform" rating in a report on Thursday, August 3rd.
Tesla, Inc. has a consensus hold rating from 22 Wall Street analysts, and the number of shares now sold short amount to at least 22.42% of shares outstanding. Also, VP John Douglas Field sold 600 shares of the business's stock in a transaction dated Thursday, November 2nd. That's an increase of 7 percent from Tesla's current stock price of around $312. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimbal Musk sold 2,190 shares of the firm's stock in a transaction on Friday, September 1st. The disclosure for this sale can be found here. In the last earnings report the EPS was $-8.56 with 168.07M shares now outstanding. Insiders own 23.10% of the company's stock. Has $634,000 Position in Tesla Inc. "(TSLA)" was published by Week Herald and is the sole property of of Week Herald. If you are reading this news story on another website, it was copied illegally and republished in violation of USA and global copyright law. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2017/11/16/cibc-asset-management-inc-buys-1000-shares-of-tesla-inc-tsla.html.
Shares of Tesla Inc. The company P/S (price to Sales) ratio is 4.93, P/B (price to Book) ratio is 11.2, while its P/C (price to Cash) ratio stands at 15.02.
The company P/E (price to earnings) ratio is 0 and Forward P/E ratio is 0. The electric vehicle producer reported ($2.92) EPS for the quarter, beating the consensus estimate of ($3.09) by $0.17. The Return on Equity ratio of Tesla Motors, Inc. During the same quarter in the previous year, the company posted $0.71 earnings per share. analysts anticipate that Tesla Inc. will post -11.38 earnings per share for the current fiscal year.
Cambridge Investment Research Advisors Inc. raised its position in Tesla Inc. The Company operates through two segments: Automotive, and Energy generation and storage.
source:newbruggazete
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