Wall Street Analysts Forecast Growth TSLA has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $500.00 target price on shares of Tesla in a research note on Thursday, January 29th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Tesla from $500.00 to $480.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Canaccord Genuity Group set a $520.00 target price on shares of Tesla in a research note on Thursday, January 29th. Wells Fargo & Company decreased their target price 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. Finally, Needham & Company LLC restated a “hold” rating on shares of Tesla in a research note on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $406.84. View Our Latest Stock Report on Tesla Insider Activity at Tesla In other Tesla news, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the transaction, the director directly owned 19,669 shares of the company’s stock, valued at approximately $8,173,649.64. This trade represents a 56.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 87,995 shares of company stock worth $38,315,650 over the last quarter. 19.90% of the stock is currently owned by company insiders. Tesla Stock Performance TSLA stock opened at $380.85 on Tuesday. The company has a 50-day simple moving average of $413.40 and a 200 day simple moving average of $428.14. The company has a market capitalization of $1.43 trillion, a P/E ratio of 352.64, a PEG ratio of 10.88 and a beta of 1.89. 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, Inc. has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last released 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 firm had revenue of $24.90 billion for the quarter, compared to analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s quarterly revenue was down 3.1% on a year-over-year basis. During the same quarter last year, the company earned $0.73 EPS. Sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla Company Profile