Large-cap consumer discretionary company Tesla has moved -1.2% this afternoon, reaching $250.82 per share. In contrast, the average analyst target price for the stock is $235.79.
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company is based in the United States.
What to Consider if You Are Thinking of Buying Tesla:
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Tesla has moved -14.0% over the last year.
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TSLA has a forward P/E ratio of 53.1 based on its EPS guidance of 4.72.
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Over the last 4 years, earnings per share (EPS) have been growing at a compounded average rate of 80.5%.
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The company has a price to earnings growth (PEG) ratio of 7.06.
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Its Price to Book (P/B) ratio is 15.57
Tesla Has a Pattern of Improving Cash Flows
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cashflow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-01-31 | 14,724,000 | -7,172,000 | 21,896,000 | 21.57 |
| 2022-02-07 | 11,497,000 | -6,514,000 | 18,011,000 | 96.09 |
| 2021-02-08 | 5,943,000 | -3,242,000 | 9,185,000 | 139.07 |
| 2020-04-28 | 2,405,000 | -1,437,000 | 3,842,000 | n/a |
Tesla's free cash flow history is impressive because it displays year-on-year increases over the last 4 years. Averaging out at $13.23 Billion, and following a compounded average growth rate of 54.5%, investors who focus on cash flow growth should do further research on this firm.
