Tesla (NASDAQ:TSLA) Given Daily Coverage Optimism Rating of -4.45

Media headlines about Tesla (NASDAQ:TSLA) have been trending extremely negative this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Tesla earned a media sentiment score of -4.45 on their scale. InfoTrie also assigned headlines about the electric vehicle producer an news buzz score of 0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next several days.

Here are some of the headlines that may have impacted Tesla’s ranking:

TSLA stock opened at $335.89 on Friday. Tesla has a 52-week low of $176.99 and a 52-week high of $379.49. The company has a quick ratio of 0.73, a current ratio of 1.08 and a debt-to-equity ratio of 1.64. The stock has a market cap of $60.54 billion, a price-to-earnings ratio of -58.72 and a beta of 0.59. The business has a fifty day moving average of $322.01 and a two-hundred day moving average of $251.11.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, October 23rd. The electric vehicle producer reported $1.86 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.42) by $2.28. Tesla had a negative return on equity of 13.42% and a negative net margin of 3.39%. The business had revenue of $6.30 billion for the quarter, compared to analyst estimates of $6.48 billion. During the same quarter in the prior year, the company posted $2.90 EPS. The company’s quarterly revenue was down 7.6% on a year-over-year basis. As a group, sell-side analysts anticipate that Tesla will post -4.85 EPS for the current year.

Several research firms have recently weighed in on TSLA. BidaskClub raised shares of Tesla from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 11th. JMP Securities cut shares of Tesla from an “outperform” rating to a “market perform” rating and set a $232.00 price objective for the company. in a research note on Thursday, October 3rd. TheStreet raised shares of Tesla from a “d+” rating to a “c-” rating in a research note on Tuesday, October 29th. JPMorgan Chase & Co. reiterated a “sell” rating and issued a $220.00 price objective on shares of Tesla in a report on Thursday, October 24th. Finally, UBS Group reissued a “sell” rating on shares of Tesla in a research note on Monday, November 25th. Eighteen analysts have rated the stock with a sell rating, eight have assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Tesla presently has a consensus rating of “Hold” and an average target price of $274.87.

In related news, Director Kimbal Musk sold 64,190 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $350.06, for a total transaction of $22,470,351.40. Following the completion of the transaction, the director now owns 198,238 shares of the company’s stock, valued at approximately $69,395,194.28. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Andrew D. Baglino sold 2,366 shares of the stock in a transaction that occurred on Wednesday, October 30th. The stock was sold at an average price of $313.25, for a total transaction of $741,149.50. Following the transaction, the senior vice president now directly owns 3,288 shares of the company’s stock, valued at approximately $1,029,966. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 96,681 shares of company stock valued at $32,955,635. Company insiders own 24.40% of the company’s stock.

About Tesla

Tesla, Inc designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles.

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