Wall Street Analyst Weigh In TSLA has been the topic of several recent analyst reports. Bank of America initiated coverage on Tesla in a research report on Wednesday, March 4th. They set a “buy” rating and a $460.00 target price on the stock. Royal Bank Of Canada reiterated a “buy” rating on shares of Tesla in a research report on Monday, April 27th. Jefferies Financial Group reiterated a “neutral” rating on shares of Tesla in a research report on Wednesday, April 22nd. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Tesla in a research report on Wednesday, April 22nd. Finally, Barclays reiterated a “neutral” rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen 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. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus target price of $398.42. View Our Latest Stock Report on TSLA Tesla Price Performance Shares of NASDAQ:TSLA opened at $411.27 on Friday. The business’s 50 day simple moving average is $382.66 and its 200-day simple moving average is $418.37. The firm has a market capitalization of $1.54 trillion, a price-to-earnings ratio of 377.31, a price-to-earnings-growth ratio of 15.17 and a beta of 1.79. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a 12 month low of $273.21 and a 12 month high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate 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 return on equity of 4.89% and a net margin of 3.95%.The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.27 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year. Insider Activity at Tesla In other news, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction that occurred 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 sale, the chief financial officer owned 18,106 shares of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 80,213 shares of company stock worth $30,851,105 in the last three months. Corporate insiders own 19.90% of the company’s stock. Tesla Company Profile