Economy

Goldman Sachs: Tesla Inc (TSLA) Is Still A Sell In Our Eyes

Goldman Sachs: Tesla Inc (TSLA) Is Still A Sell In Our Eyes

(NASDAQ:TSLA) to report $-4.45 EPS on May, 2.They anticipate $2.48 EPS change or 125.89% from last quarter's $-1.97 EPS. Tesla, Inc. has a 12-month low of $244.59 and a 12-month high of $389.61. The stock underperformed the S&P 500 by 8.23%.

Investors sentiment increased to 0.9 in Q4 2017. Toronto Dominion Bank now owns 544 shares of the electric vehicle producer's stock valued at $115,000 after buying an additional 1,305 shares during the period. Last year, their EPS growth was -59.70% and their EPS growth over the past five years was -15.20%.

The stock decreased 3.22% or $9.64 during the last trading session, reaching $289.66. About 76,542 shares traded. Deutsche Multi-Market Income T (NYSE:KMM) has risen 2.21% since April 10, 2017 and is uptrending.

Rogers Communications Inc. operates as a communications and media firm in Canada. The firm's market capitalization is $33.98 billion. It has a 15.76 P/E ratio. This segment distributes its products through independent dealer networks, company-owned retail stores, retail chains and convenience stores, ecommerce sites, call centers and outbound telemarketing, and other distribution channels. Raymond James Assocs holds 0.04% or 68,714 shares. Symons Capital Management Inc owns 280,523 shares or 4.07% of their USA portfolio. Arizona State Retirement invested in 0.01% or 4,031 shares. With a slight return potential of almost 2%, the stock's consensus target price stands at $309.29. Its down 0.25, from 1.3 in 2017Q3. It dived, as 105 investors sold TSLA shares while 156 reduced holdings. Spectrum Mgmt Gru invested 0.01% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Assetmark has invested 0% of its portfolio in Tesla, Inc. (NASDAQ:TSLA). Horizon Kinetics Ltd Liability Co owns 1,181 shs or 0.01% of their U.S. capital. The institutional investor held 1,993 shares of the capital goods company at the end of 2017Q4, valued at $621,000, up from 940 at the end of the previous reported quarter. Moreover, Portfolio Solutions Limited Liability Co has 0% invested in The Hershey Company (NYSE:HSY). (NASDAQ:TSLA) for 1,510 shares. Peddock Advsrs Ltd Liability Com has invested 0.01% in Tesla, Inc.

Several hedge funds have recently bought and sold shares of TSLA. Covington Management has 1,556 shares. Focused Wealth Mgmt Incorporated holds 2,701 shares. Massmutual Trust Fsb Adv owns 99 shs. Canada Pension Plan Inv Board invested in 17,145 shares.

4/2/2018-Jefferies Group Upgrade from a "Underperform " rating to a " Hold" rating.

Therefore, the analyst reiterates a Sell rating on TSLA stock while cutting his 6-month price target from $205 to $195, which implies a 36% downside from current levels. Tesla Motors Inc had 137 analyst reports since July 21, 2015 according to SRatingsIntel. Nine investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have given a buy rating to the company. On Wednesday, August 9 the stock rating was maintained by BMO Capital Markets with "Sell". The firm has "Buy" rating given on Thursday, January 4 by Robert W. Baird. The company was maintained on Monday, October 31 by Stifel Nicolaus. The firm has "Hold" rating by Cowen & Co given on Thursday, September 14. As per Monday, October 30, the company rating was maintained by UBS. Bernstein maintained the stock with "Market Perform" rating in Friday, April 7 report. The stock has "Hold" rating by SunTrust on Friday, October 13.

TSLA registered $3.89 million net activity with 0 insider purchases and 9 insider sales since October 24, 2017. Global Equities Research maintained Tesla, Inc.

On 1/9/2018 John Douglas Field, VP, sold 1,000 with an average share price of $334.87 per share and the total transaction amounting to $334,870.00. Branderiz Eric had sold 801 shares worth $284,019. Another trade for 4,065 shares valued at $1.27 million was sold by Musk Kimbal. The electric vehicle producer reported ($3.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($3.12) by $0.08.