Tesla (TSLA) Stock Moves -0.23%: What You Should Know
From Nasdaq: 2024-06-24 17:45:19
Tesla (TSLA) closed at $182.58, down -0.23%, outperforming S&P 500. The company’s stock gained 2.1% in the previous month, reporting a forecasted EPS of $0.60 and revenue of $24.91 billion. Analysts’ estimate changes indicate favorable outlook. Tesla currently holds a Zacks Rank of #3 (Hold) with a Forward P/E ratio of 74.22.
Investors should track Tesla closely as it operates in the Auto-Tires-Trucks sector with a Zacks Industry Rank of 34. The industry has an average PEG ratio of 1.36. Analysts anticipate a potential stock price jump of +10-20% for TSLA. To follow Tesla in upcoming trading sessions, use Zacks.com for updates and analysis.
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