Get Tesla alerts: Tesla, Inc. (NASDAQ:TSLA – Free Report) – Equities researchers at Erste Group Bank lifted their FY2027 earnings per share estimates for shares of Tesla in a research report issued to clients and investors on Tuesday, March 24th. Erste Group Bank analyst S. Lingnau now anticipates that the electric vehicle producer will post earnings of $1.96 per share for the year, up from their prior estimate of $1.88. The consensus estimate for Tesla’s current full-year earnings is $2.56 per share. Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion for 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%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $0.73 earnings per share. Several other brokerages have also recently weighed in on TSLA. Benchmark restated a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. China Renaissance increased their target price on shares of Tesla from $380.00 to $382.00 and gave the company a “hold” rating in a report on Monday, February 2nd. Bank of America began coverage on shares of Tesla in a research report on Wednesday, March 4th. They set a “buy” rating and a $460.00 price target on the stock. Mizuho set a $540.00 price target on shares of Tesla and gave the stock an “outperform” rating in a report on Thursday, January 29th. Finally, Wells Fargo & Company reduced their price objective on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating for the company in a research report on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla has a consensus rating of “Hold” and an average price target of $406.84. View Our Latest Analysis on TSLA Tesla Trading Down 2.8% Shares of Tesla stock opened at $361.83 on Thursday. The company has a market capitalization of $1.36 trillion, a P/E ratio of 335.03, a price-to-earnings-growth ratio of 11.01 and a beta of 1.89. The stock has a fifty day simple moving average of $408.20 and a 200 day simple moving average of $427.78. Tesla has a 12-month low of $214.25 and a 12-month high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. Institutional Investors Weigh In On Tesla Several large investors have recently modified their holdings of the stock. Networth Advisors LLC bought a new position in Tesla during the fourth quarter valued at $26,000. Chapman Financial Group LLC bought a new stake in shares of Tesla in the second quarter valued at $26,000. Davidson Capital Management Inc. raised its stake in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after buying an additional 27 shares during the period. Manning & Napier Advisors LLC purchased a new position in shares of Tesla during the 3rd quarter valued at $29,000. Finally, CoreFirst Bank & Trust bought a new position in shares of Tesla during the 2nd quarter worth $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock. Insider Transactions at Tesla In related news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the transaction, the director owned 19,669 shares of the company’s stock, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 87,995 shares of company stock worth $38,315,650 in the last ninety days. Company insiders own 19.90% of the company’s stock. Key Stories Impacting Tesla