Tesla (TSLA) Exceeds Market Returns: Some Facts to Consider

From Nasdaq:

Tesla (TSLA) ended the trading session at $261.47, up 1.89%. The stock lagged behind the S&P 500 but is up 4.01% over the past month.

Analysts expect Tesla to report earnings of $0.73 per share with an anticipated revenue of $25.78 billion. Estimates for the fiscal year are projecting earnings of $3.16 per share and a revenue of $97.52 billion.

Tesla currently has a Zacks Rank of #4 (Sell) and a Forward P/E ratio of 81.14, which is a premium relative to the industry’s average.

Be sure to check Zacks.com for the latest stock-shifting metrics and information.

Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. The full list has beaten the market more than 2X over since 1988 with an average gain of +24.0% per year.



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