$-1.77 EPS Expected for Tesla, Inc. (TSLA)

October 14, 2018 - By Michael Collier

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 0.85 in Q2 2018. Its down 0.07, from 0.92 in 2018Q1. It dived, as 109 investors sold Tesla, Inc. shares while 180 reduced holdings. 100 funds opened positions while 146 raised stakes. 94.54 million shares or 6.02% less from 100.60 million shares in 2018Q1 were reported.
Wealthtrust Fairport Ltd Limited Liability Company owns 120 shares. Jd Mngmt Ltd Llc stated it has 5,000 shares. 2,345 are held by Menlo Advisors Limited Co. Oakworth Capital, Alabama-based fund reported 48 shares. Fukoku Mutual Life Insurance Communication has 0.03% invested in Tesla, Inc. (NASDAQ:TSLA). Commerzbank Aktiengesellschaft Fi has 1.67% invested in Tesla, Inc. (NASDAQ:TSLA) for 476,053 shares. Hanson Mcclain Incorporated holds 1,097 shares. Catawba Mgmt Va has invested 0.24% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Dubuque Comml Bank Trust Commerce holds 0.01% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 119 shares. Dynamic Advisor Solutions Ltd Limited Liability Company reported 807 shares. 20,100 are owned by Gvo Asset Management Limited. 1,258 were reported by Lombard Odier Asset Mngmt (Europe) Limited. Highfields Lp invested in 287,368 shares. Sigma Planning holds 4,074 shares. Nuveen Asset Ltd Company has 0.03% invested in Tesla, Inc. (NASDAQ:TSLA) for 13,104 shares.

Since May 7, 2018, it had 2 insider purchases, and 2 sales for $33.02 million activity. The insider Musk Kimbal sold 1,875 shares worth $671,736. $24.92M worth of stock was bought by Musk Elon on Tuesday, June 12.

Analysts expect Tesla, Inc. (NASDAQ:TSLA) to report $-1.77 EPS on November, 7.They anticipate $1.82 EPS change or 50.70 % from last quarter’s $-3.59 EPS. After having $-4.22 EPS previously, Tesla, Inc.’s analysts see -58.06 % EPS growth. The stock increased 2.60% or $6.55 during the last trading session, reaching $258.78. About 7.04M shares traded. Tesla, Inc. (NASDAQ:TSLA) has declined 19.91% since October 14, 2017 and is downtrending. It has underperformed by 35.53% the S&P500.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 20 analysts covering Tesla Motors (NASDAQ:TSLA), 7 have Buy rating, 6 Sell and 7 Hold. Therefore 35% are positive. Tesla Motors had 40 analyst reports since April 16, 2018 according to SRatingsIntel. The firm has “Equal-Weight” rating by Morgan Stanley given on Wednesday, April 18. The rating was maintained by UBS on Thursday, May 31 with “Sell”. Goldman Sachs maintained the stock with “Sell” rating in Tuesday, May 1 report. The firm earned “Hold” rating on Wednesday, August 8 by Jefferies. Bank of America maintained the shares of TSLA in report on Thursday, August 2 with “Underperformer” rating. The company was maintained on Wednesday, June 13 by Robert W. Baird. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Underperform” rating by Needham on Thursday, July 19. Nomura downgraded the stock to “Neutral” rating in Tuesday, September 11 report. The company was maintained on Tuesday, September 4 by Goldman Sachs. The stock has “Hold” rating by KeyBanc Capital Markets on Wednesday, April 18.

Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy storage products in the United States, China, Norway, and internationally. The company has market cap of $44.15 billion. The firm operates in two divisions, Automotive, and Energy Generation and Storage. It currently has negative earnings. It primarily offers sedans and sport utility vehicles.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “SEC still supports Tesla settlement” on October 11, 2018, also Seekingalpha.com with their article: “Musk: Tesla ‘very close’ to profitability” published on October 01, 2018, Seekingalpha.com published: “Tesla Board Must Make Tough Decision” on October 05, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Seekingalpha.com and their article: “Tesla makes ‘full tax credit’ sales push” published on October 12, 2018 as well as Seekingalpha.com‘s news article titled: “No fear from Macquarie on Tesla” with publication date: October 08, 2018.

Tesla, Inc. (NASDAQ:TSLA) Institutional Positions Chart

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