A new trading day began on Monday, with Tesla Inc (NASDAQ: TSLA) stock price up 2.63% from the previous day of trading, before settling in for the closing price of $210.73. TSLA’s price has ranged from $138.80 to $278.98 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 36.73%. Meanwhile, its annual earnings per share averaged -28.18%. With a float of $2.78 billion, this company’s outstanding shares have now reached $3.19 billion.
Let’s determine the extent of company efficiency that accounts for 140473 employees. In terms of profitability, gross margin is 17.72%, operating margin of 7.58%, and the pretax margin is 8.05%.
Tesla Inc (TSLA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Auto Manufacturers Industry. The insider ownership of Tesla Inc is 12.98%, while institutional ownership is 46.15%. The most recent insider transaction that took place on Sep 06 ’24, was worth 65,867. In this transaction SVP, Automotive of this company sold 297 shares at a rate of $221.77, taking the stock ownership to the 67,491 shares. Before that another transaction happened on Jul 25 ’24, when Company’s Director sold 66,364 for $219.96, making the entire transaction worth $14,597,629. This insider now owns 85,000 shares in total.
Tesla Inc (TSLA) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of 0.66 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.68 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -28.18% per share during the next fiscal year.
Tesla Inc (NASDAQ: TSLA) Trading Performance Indicators
Here are Tesla Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.25. Likewise, its price to free cash flow for the trailing twelve months is 402.39.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.56, a number that is poised to hit 0.61 in the next quarter and is forecasted to reach 3.17 in one year’s time.
Technical Analysis of Tesla Inc (TSLA)
Looking closely at Tesla Inc (NASDAQ: TSLA), its last 5-days average volume was 91.27 million, which is a drop from its year-to-date volume of 97.35 million. As of the previous 9 days, the stock’s Stochastic %D was 50.81%. Additionally, its Average True Range was 11.65.
During the past 100 days, Tesla Inc’s (TSLA) raw stochastic average was set at 58.60%, which indicates a significant increase from 42.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 61.89% in the past 14 days, which was lower than the 64.40% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $223.54, while its 200-day Moving Average is $202.64. However, in the short run, Tesla Inc’s stock first resistance to watch stands at $219.54. Second resistance stands at $222.80. The third major resistance level sits at $225.74. If the price goes on to break the first support level at $213.34, it is likely to go to the next support level at $210.40. Now, if the price goes above the second support level, the third support stands at $207.14.
Tesla Inc (NASDAQ: TSLA) Key Stats
With a market capitalization of 690.90 billion, the company has a total of 3,189,196K Shares Outstanding. Currently, annual sales are 96,773 M while annual income is 14,999 M. The company’s previous quarter sales were 25,500 M while its latest quarter income was 1,478 M.
