Analysts Set New Price Targets TSLA has been the subject of a number of research reports. Phillip Securities reduced their price objective on Tesla from $220.00 to $215.00 and set a “sell” rating for the company in a research note on Monday, February 2nd. Roth Mkm set a $505.00 price target on shares of Tesla and gave the company a “buy” rating in a research report on Thursday, October 23rd. Wedbush restated an “outperform” rating and set a $600.00 price objective on shares of Tesla in a report on Thursday, January 29th. Evercore lifted their price objective on shares of Tesla from $235.00 to $300.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $510.00 target price on shares of Tesla in a report on Thursday, January 29th. Seventeen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $403.92. Get Our Latest Report on TSLA Insider Activity at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares of the company’s stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 119,457 shares of company stock worth $53,501,145. Company insiders own 19.90% of the company’s stock. Tesla Stock Up 3.5% Tesla stock opened at $411.11 on Friday. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The company has a market capitalization 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. The firm has a 50 day moving average price of $446.45 and a 200-day moving average price of $410.61. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.Tesla’s revenue was down 3.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.73 earnings per share. As a group, equities analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Tesla Profile