Analyst’s Review to Watch: Tesla Motors Inc (NASDAQ:TSLA)

The shares of Tesla Motors Inc (NASDAQ:TSLA) currently has mean rating of 2.6 while 4 analyst have recommended the shares as ‘BUY’ ,4 recommended as ‘OUTPERFORM’ and 4 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Tesla Motors Inc (NASDAQ:TSLA) is at $267.53 while the highest price target suggested by the analysts is $500.00 and low price target is $90.00. The mean price target is calculated keeping in view the consensus of 15 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.82B by 16 analysts. The means estimate of sales for the year ending Dec 16 is 8.55B by 19 analysts.

The average estimate of EPS for the current fiscal quarter for Tesla Motors Inc (NASDAQ:TSLA) stands at $-0.34 while the EPS for the current year is fixed at $0.78 by 15.00 analysts

The next one year’s EPS estimate is set at 3.31 by 15.00 analysts while a year ago the analysts suggested the company’s EPS at $0.78. The analysts also projected the company’s long-term growth at 50.20% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Tesla Motors Inc (NASDAQ:TSLA) reported earnings of $-0.57. The posted earnings topped the analyst’s consensus by $0.01 with the surprise factor of 1.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Tesla Motors Inc (NASDAQ:TSLA) traded down -2.62% during trading on Friday, hitting $235.33 . The stock had a trading volume of 4.5 M shares. The firm has a 50 day moving average of $224.92 and a 200-day moving average of $216.21. The stock has a market cap of $30.72B. On Jul 20, 2015 the shares registered one year high at $286.65 and the one year low was seen on Feb 9, 2016.

Tesla Motors, Inc. designs, develops, manufactures, and sells electric vehicles and stationary energy storage products in the United States, China, Norway, and internationally. It primarily offers sedans and sport utility vehicles. The company also offers electric vehicle powertrain components and systems to other manufacturers. Tesla Motors, Inc. sells its products through a network of Tesla stores and galleries, as well as through Internet. The company was founded in 2003 and is headquartered in Palo Alto, California.