Wall Street Analyst Weigh In Several brokerages have commented on TSLA. Canaccord Genuity Group set a $520.00 target price on Tesla in a research note on Thursday, January 29th. William Blair reiterated a “market perform” rating on shares of Tesla in a research report on Friday, January 2nd. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Wall Street Zen raised shares of Tesla from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Finally, Benchmark reiterated a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. Seventeen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $403.92. Get Our Latest Analysis on Tesla Tesla Stock Up 3.5% Shares of NASDAQ:TSLA opened at $411.11 on Friday. The firm has a market cap of $1.54 trillion, a P/E ratio of 380.66, a P/E/G ratio of 13.30 and a beta of 1.86. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The business has a fifty day simple moving average of $446.45 and a 200 day simple moving average of $410.61. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue was down 3.1% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 earnings per share. Analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Activity at Tesla In other news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 over the last quarter. Company insiders own 19.90% of the company’s stock. Tesla Profile