Analyst Ratings Changes Several brokerages have commented on TSLA. New Street Research raised their target price on shares of Tesla from $465.00 to $520.00 and gave the stock a “buy” rating in a report on Thursday, October 23rd. Morgan Stanley set a $425.00 target price on Tesla and gave the stock an “equal weight” rating in a research report on Sunday, December 7th. DZ Bank restated a “sell” rating on shares of Tesla in a report on Thursday, October 23rd. President Capital raised their price objective on Tesla from $373.00 to $529.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Finally, Melius assumed coverage on Tesla in a research report on Monday, October 13th. They set a “buy” rating and a $520.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla presently has a consensus rating of “Hold” and a consensus target price of $414.50. Read Our Latest Report on Tesla Insiders Place Their Bets In related news, CFO Vaibhav Taneja sold 2,637 shares of the business’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 19.90% of the company’s stock. Tesla Stock Performance NASDAQ TSLA opened at $475.19 on Friday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. The stock has a market cap of $1.58 trillion, a P/E ratio of 316.79, a PEG ratio of 12.01 and a beta of 1.87. The company’s 50-day simple moving average is $444.97 and its 200 day simple moving average is $386.90. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the previous year, the firm earned $0.72 EPS. Tesla’s quarterly revenue was up 11.6% on a year-over-year basis. As a group, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla Profile