Wall Street Analysts Forecast Growth A number of equities analysts recently issued reports on TSLA shares. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a report on Thursday, April 23rd. Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a report on Friday, April 24th. Cantor Fitzgerald reissued an “overweight” rating and issued a $510.00 price objective on shares of Tesla in a report on Wednesday, April 22nd. Tigress Financial started coverage on Tesla in a report on Monday, April 27th. They issued a “buy” rating for the company. Finally, Morgan Stanley set a $415.00 price objective on Tesla and gave the stock an “equal weight” rating in a report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $398.42. View Our Latest Report on TSLA Insiders Place Their Bets In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. This trade represents 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 valued at $30,851,105 in the last quarter. Insiders own 19.90% of the company’s stock. Tesla Price Performance Shares of NASDAQ:TSLA opened at $389.41 on Wednesday. Tesla, Inc. has a one year low of $271.00 and a one year high of $498.83. The stock has a fifty day moving average of $382.65 and a 200-day moving average of $418.78. The company has a market capitalization of $1.46 trillion, a PE ratio of 357.26, a price-to-earnings-growth ratio of 14.94 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the prior year, the firm earned $0.27 EPS. The company’s quarterly revenue was up 15.8% compared to the same quarter last year. As a group, equities analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current fiscal year. Tesla Profile