Tesla Price Performance Shares of NASDAQ TSLA opened at $451.91 on Thursday. The firm has a market cap of $1.50 trillion, a P/E ratio of 301.27, a PEG ratio of 14.99 and a beta of 1.87. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $488.54. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. The company has a 50 day moving average of $434.72 and a 200 day moving average of $374.86. Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company’s quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.72 EPS. As a group, research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Hedge Funds Weigh In On Tesla Institutional investors and hedge funds have recently bought and sold shares of the stock. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter worth approximately $26,000. Chelsea Counsel Co. increased its stake in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock worth $28,000 after purchasing an additional 40 shares in the last quarter. LGT Financial Advisors LLC bought a new stake in shares of Tesla during the 2nd quarter valued at $29,000. 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 Tesla in the 2nd quarter worth $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors. Analyst Ratings Changes Several research firms have issued reports on TSLA. New Street Research upped their target price on shares of Tesla from $465.00 to $520.00 and gave the company a “buy” rating in a research note on Thursday, October 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Thursday, October 30th. China Renaissance raised their target price on shares of Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a report on Friday, October 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $500.00 target price on shares of Tesla in a research note on Thursday, October 23rd. Finally, President Capital raised their price target on Tesla from $373.00 to $529.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $399.33.