Wall Street Analysts Forecast Growth A number of research firms have weighed in on TSLA. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research note on Monday, April 27th. Benchmark restated a “buy” rating on shares of Tesla in a research note on Wednesday, February 11th. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. DZ Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price target on the stock in a research note on Friday, April 24th. Finally, Truist Financial dropped their price target on shares of Tesla from $438.00 to $400.00 and set a “hold” rating on the stock in a research note on Thursday, April 2nd. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $398.42. Read Our Latest Research Report on Tesla Insider Buying and Selling In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 80,213 shares of company stock worth $30,851,105 in the last ninety days. 19.90% of the stock is currently owned by insiders. Tesla Stock Performance Tesla stock opened at $428.35 on Monday. The firm’s 50 day simple moving average is $382.66 and its 200 day simple moving average is $418.37. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.61 trillion, a PE ratio of 392.98, a price-to-earnings-growth ratio of 16.31 and a beta of 1.79. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. Tesla’s revenue was up 15.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.27 EPS. As a group, analysts expect that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year. About Tesla