Tesla Motors, Inc. (NASDAQ:TSLA) most recently reported quarterly actual earnings per share of $-1.54 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $-1.16. The difference between the estimate and the actual EPS was $-0.38 creating a surprise factor of -32.76%. Currently, the company has an impact score of 75. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.032. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $235.083 on the shares. The most bullish brokerage firm has a $500 target, while the most bearish sees the stock headed towards $155. This is according to the 12 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 3.31. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 12 recommendations taking into account in order to arrive at this number. Of the 12, 2 have a Strong Buy rating and 1 are rating it a Buy.
Tesla Motors, Inc. (Tesla) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components. Tesla owns its sales and service network. The Company is engaged in commercially producing a federally-compliant electric vehicle, the Tesla Roadster. addition to developing its Model S and future vehicle manufacturing capabilities at the Tesla Factory, the Company is designing, developing and manufacturing lithium-ion battery packs, electric motors, gearboxes and components both for its vehicles and for its original equipment manufacturer customers. These activities occur at its electric powertrain manufacturing facility in Palo Alto, California and at the Tesla Factory. The Company provides services for the development of electric powertrain components and sells electric powertrain components to other automotive manufacturers.
Tesla Motors, Inc. - Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.