Wary of TSLA Stock? These 4 Growth Stocks Beat Tesla Inc

Wary of TSLA Stock? These 4 Growth Stocks Beat Tesla Inc

Wary of TSLA Stock? These 4 Growth Stocks Beat Tesla Inc

(NASDAQ:TSLA) will report earnings per share of ($2.00) for the current quarter, Zacks Investment Research reports. Eqis Mgmt holds 0.03% or 2,486 shares.

But Tesla expects to be building 5,000 Model 3's every week by later this year, and ramp up to 10,000 a week in 2018. The business is expected to issue its next quarterly earnings report after the market closes on Wednesday, August 2nd. On average, equities research analysts anticipate that Tesla Inc. will post ($5.86) earnings per share for the current fiscal year. The stock now has Monthly Volatility of 1.91% and Weekly Volatility of 2.14%. Analyst's mean target price for KR is $26.52 while analysts mean recommendation is 2.60. Additionally, Tesla, Inc. (TSLA) stock price has gone down by -8.42% over the last 20 trading days, and its price is -15.44% below the 52-week high. Analysts forecast EPS of $-0.66, up exactly $0.88 or 57.14 % from 2014's $-1.54 EPS. Tesla had a negative return on equity of 17.13% and a negative net margin of 8.46%. The firm had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.56 billion.

Several brokerages have recently weighed in on TSLA. Robert W. Baird reaffirmed an "outperform" rating and set a $368.00 price target on shares of Tesla in a research report on Wednesday, July 5th. Deutsche Bank AG reiterated a "hold" rating and set a $240.00 price target on shares of Tesla in a report on Thursday, May 4th. Finally, FBN Securities lifted their price target on shares of Tesla from $275.00 to $425.00 and gave the stock an "outperform" rating in a report on Monday, April 3rd. Equity analyst Cowen & Co. started covering TSLA with an initial rating of "Underperform" and a price target of $160.00. Castle Creek Arbitrage Llc sold 21,656 shares as Tesla Motors Inc (TSLA)'s stock rose 14.18%. The stock was sold at an average price of $307.81, for a total value of $33,582,071.00. Following the transaction, the director now owns 166,164 shares of the company's stock, valued at $61,095,179.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. $715,712 worth of stock was sold by Musk Kimbal on Monday, April 3.

IBD's proprietary rating tracks share price performance with a 1 (worst) to 99 (best) score. Insiders own 23.10% of the company's stock.

Chief Technical Officer, Straubel Jeffrey B, sold 109,100 common shares of Tesla, Inc. Crestwood Advisors Group LLC bought a new position in Tesla during the first quarter valued at approximately $101,000. FMR LLC now owns 22,050,401 shares of the electric vehicle producer's stock worth $4,711,950,000 after buying an additional 2,582,730 shares during the last quarter. CHURCHILL MANAGEMENT Corp acquired a new position in shares of Tesla during the second quarter worth about $3,321,000. The stock's market cap is $54.04 billion. Next Financial Group, Inc bolstered its investment by buying 462 shares an increase of 56.1% from 03/31/2017 to 06/30/2017. First, with about a quarter-million Tesla vehicles on the road worldwide, the service operation is dealing with a much smaller base than established automakers. FMR LLC boosted its stake in Tesla by 13.3% in the fourth quarter. The hedge funds in our partner's database now own: 100.51 million shares, up from 90.47 million shares in 2016Q3. The stock last traded at $329.52 a tad under the 50 day moving average which is $346.84 and which is just a bit higher than the 200 day moving average of $283.13. (TSLA) in trading session dated Jul. 03, 2017. The share last price represents downtick move of -7.87% in value from company's 52-Week high price and shows 34.43% above change in value from its 52-Week low price. TSLA's distance from 20 day simple moving average is -9.08% and distance from 50-Day simple moving average is -3.44%. Tesla has been challenging General Motors for the title of greatest USA automaker by market capitalization, despite the fact that its output is a portion of GM's. If you are accessing this news story on another website, it was illegally copied and republished in violation of United States and global trademark and copyright legislation.

Tesla's shares have taken a beating in the last few weeks, as investors have become increasingly concerned that demand for the company's existing Model S sedan is weakening. The Company operates through two segments: Automotive, and Energy generation and storage.

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