TSLA Tesla PE ratio, current and historical analysis

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.

Analysts Set New Price Targets

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company. In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares. Over the tesla pe ratio last 3 years, the average price to earnings ratio for TSLA stock is 64.56. The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock.

• The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
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• The Price/Earnings ratio measures the relationship between a company’s stock price and its earnings per share.
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• Canaccord Genuity Group increased their target price on Tesla from $298.00 to $400.00 and gave the company a “buy” rating in a research note on Friday, January 3rd.
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Zacks Research

Transcendent Capital Group LLC acquired a new position in Tesla during the 3rd quarter valued at about $29,000. Clean Yield Group boosted its stake in shares of Tesla by 60.0% in the 3rd quarter. Clean Yield Group now owns 128 shares of the electric vehicle producer’s stock valued at $33,000 after purchasing an additional 48 shares during the last quarter. Peterson Financial Group Inc. bought a new stake in shares of Tesla during the third quarter worth approximately $35,000. Finally, M&R Capital Management Inc. lifted its holdings in Tesla by 263.2% in the third quarter.

TSLA Tesla

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• Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company.
• If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock.
• In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.
• Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.
• Peterson Financial Group Inc. bought a new stake in shares of Tesla during the third quarter worth approximately $35,000.
• That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Understanding Tesla’s P/E Ratio: A Comprehensive Guide

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM). Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10. While Tesla currently has a “Hold” rating among analysts, top-rated analysts believe these five stocks are better buys. MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It’s packed with all of the company’s key stats and salient decision making information.

Dividend Yield

It is the most commonly used metric for determining a company’s value relative to its earnings. In this example, we are using the actual earnings (EPS) for the trailing twelve months (or TTM). A stock with a P/E ratio of 20, for example, is said to be trading at 20 times its trailing twelve months earnings.