Tesla (TSLA) Receives Daily Coverage Optimism Rating of 0.13

Media headlines about Tesla (NASDAQ:TSLA) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tesla earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the electric vehicle producer an impact score of 44.6186303594617 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s analysis:

Several research firms recently commented on TSLA. Vetr downgraded Tesla from a “buy” rating to a “hold” rating and set a $331.97 price objective for the company. in a research note on Tuesday, January 9th. Zacks Investment Research raised Tesla from a “sell” rating to a “hold” rating in a research note on Friday, January 5th. KeyCorp reissued a “hold” rating on shares of Tesla in a research note on Thursday, January 4th. Nomura reissued a “buy” rating and issued a $500.00 price objective on shares of Tesla in a research note on Thursday, January 4th. Finally, Barclays reissued a “sell” rating and issued a $210.00 price objective on shares of Tesla in a research note on Thursday, January 4th. Eleven analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $329.48.

Shares of Tesla (NASDAQ:TSLA) traded down $1.73 during trading hours on Monday, reaching $336.22. The firm has a market capitalization of $56,510.00, a P/E ratio of -39.28 and a beta of 0.94. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.71 and a current ratio of 1.09. Tesla has a twelve month low of $229.59 and a twelve month high of $389.61.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, November 1st. The electric vehicle producer reported ($2.92) earnings per share for the quarter, topping analysts’ consensus estimates of ($3.09) by $0.17. The business had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Tesla had a negative return on equity of 24.88% and a negative net margin of 13.09%. The company’s revenue was up 29.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.71 EPS. analysts expect that Tesla will post -11.38 EPS for the current fiscal year.

In other news, VP John Douglas Field sold 1,000 shares of the stock in a transaction on Tuesday, January 9th. The stock was sold at an average price of $334.87, for a total transaction of $334,870.00. Following the completion of the transaction, the vice president now directly owns 20,128 shares in the company, valued at approximately $6,740,263.36. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Kimbal Musk sold 4,065 shares of the stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $312.08, for a total value of $1,268,605.20. Following the transaction, the director now owns 154,589 shares of the company’s stock, valued at $48,244,135.12. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 15,692 shares of company stock valued at $5,026,873. Company insiders own 23.10% of the company’s stock.

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About Tesla

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

Insider Buying and Selling by Quarter for Tesla (NASDAQ:TSLA)

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