Tesla, Inc. (NASDAQ:TSLA) stock is currently pricing at roughly $318.89. Our analysis shows that the stock is widely covered by equity research firms, and target prices are revealing. From a summary standpoint, we track the median one-year price target among 17 analysts covering the company at $280.00. That suggests shares of the stock may have another -14 percent to the upside left to run. Of those analysts we surveyed, the highest price target on recordsits at $375.00, which would imply another 82 percent in upside potential. If we look for a little more qualitative data on the range of expectations, we find in analyst notes that the stock has 5 “Buy” ratings in place. At the same time, 3 rate the stock a “strong buy”, suggesting more conviction in the story. As for the doubters, 8 equity research analyst firms call this stock a “Hold” and 0 consider it bad enough to warrant a “Sell” rating.
Analysts at Piper Jaffray took a look at TSLA shares in a research note released on Apr 10, 2017, and issued a Overweight rating to this company. Bernstein analysts provided their own take on company recently as well. In a research note published on Mar 09, 2017,the house assigned a Mkt Perform rating to this stock. According to a piece that hit the wires on Feb 27, 2017, researchers at Goldman reconsidered their prior rating on the stock, and lowered it from Neutral Perform to Sell.
Tesla, Inc. (TSLA) Cap Table Analysis
Breaking down the capitalization table is our next goal. From a bird’s eye view, Executives hold 0.34 percent of the stock.
If we take a more granular look, Mr. Jeffrey B. Straubel is one of the largest owners in company capital stock among insiders. According to U.S. Securities and Exchange Commission (SEC) filings, this investor owns 326,237 shares, representing a total current market value of roughly $104033716.93. Mr. Kimbal Musk is another major player among company insiders, currently holding 168,046 shares as of 0.1%, carrying a current market value of $53588188.94. Mr. Douglas John Field is currently ranked as the number three insider in terms of representation on the cap table for the stock, holding 18,999 shares, valued at around $6058591.11 as of recent close.
We noted a few insider transactions for the stock recently as well.
In a transaction on 2017-04-11, the company’s Director Musk Kimbal sold 2,191 company shares for 683830. That means, once accounting for this transaction, the Director is left with a stake of 165,855 shares, carrying a current total market value of $52889501. In addition, by means of a transaction dated 2017-04-07, Senior VP, Engineering FIELD JOHN DOUGLAS sold 500 shares worth $150730. After that transaction, this investor is left with a total holding of 16,999 shares, representing a total investment value of $5420811.11. We also noted a 2017-04-03 transaction in which TSLA Director Musk Kimbal sold 2,500 shares at a stock price of $286.28, carrying a total value of $715700, after which, this insider’s investment stands at 168,046 shares, with an overall financial value of $53588189.
Tesla, Inc. (NASDAQ:TSLA) Earnings View
In the company’s last quarter, TSLA EPS moved to $-0.69 from $0.71 compared sequentially with the prior quarter. Revenues for the company came in at $2.28BM. This stacks up against $2.3BM, on a sequential basis.
How does this compare with bottom and top-line expectations? Well, according to what we could find, analysts had been looking for the company to post net income of about $-0.43 per share on $2.17BM in revenue. That sets up an interesting next quarter report card. We would note that analysts seem to be projecting earnings, on average, for this quarter in the range of $-1.42 to $-0.03. On a year-over-year basis, that compares with an EPS comp of $-0.57.