Tesla Inc (TSLA) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 81.07 million shares changed hands, the volume of the stock remained lighter than its average volume of 102.66 million shares. The 52-week range on TSLA shows that it touched its highest point at $299.29 and its lowest point at $152.37 during that stretch. It currently has a 1-year price target of $200.39. Beta for the stock currently stands at 2.39.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TSLA was up-trending over the past week, with a rise of 2.57%, but this was down by -13.21% over a month. Three-month performance dropped to -30.79% while six-month performance fell -28.88%. The stock lost -9.62% in the past year, while it has lost -29.48% so far this year. A look at the trailing 12-month EPS for TSLA yields 4.30 with Next year EPS estimates of 3.91. For the next quarter, that number is 0.60. This implies an EPS growth rate of -8.09% for this year and 36.28% for next year.

Float and Shares Shorts:

At present, 3.19 billion TSLA shares are outstanding with a float of 2.77 billion shares on hand for trading. On Mar 15, 2024, short shares totaled 102.3 million, which was 3.21% higher than short shares on Feb 15, 2024. In addition to TSLR as the firm’s GraniteShares 1.75x Long TSLA D, TSLA serves as its Tesla, Inc.

Institutional Ownership:

Through their ownership of 45.77% of TSLA’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TSLA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, TSLA has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and TSLA currently yields $0.00. In the past year, TSLA’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, TSLA has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.