Tesla's Shares Dip 0.7% on High Volume

By Emilio Sanchez • Tuesday, July 11 15:13 • Permanent Link

Large-cap Consumer Discretionary company Tesla has moved -0.7% so far today on a volume of 79,493,015, compared to its average of 138,032,527. In contrast, the S&P 500 index moved 0.0%.

Tesla trades 26.25% away from its average analyst target price of $212.1 per share. The 35 analysts following the stock have set target prices ranging from $24.33 to $335.0, and on average have given Tesla a rating of hold.

Anyone interested in buying TSLA should be aware of the facts below:

Tesla's current price is 1217.9% above its Graham number of $20.32, which implies that at its current valuation it does not offer a margin of safety
Based on its trailing earnings per share of 3.34, Tesla has a trailing 12 month Price to Earnings (P/E) ratio of 80.2 while the S&P 500 average is 15.97
TSLA has a forward P/E ratio of 55.6 based on its forward 12 month price to earnings (EPS) of $4.82 per share
The company has a price to earnings growth (PEG) ratio of 7.1 — a number near or below 1 signifying that Tesla is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 17.66 compared to its sector average of 3.12
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally.
Based in Austin, the company has 127,855 full time employees and a market cap of $848.71 Billion.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.