Tesla stock closed lower than the market, but has shown strong gains overall.

From Nasdaq: 2024-12-26 17:45:21

In recent trading, Tesla (TSLA) closed at $454.13, down 1.76%, compared to S&P 500’s -0.04%. Over the past month, TSLA gained 38.87%, outperforming the sector’s 20.36% increase and S&P 500’s 1.05% rise.

Investors await Tesla’s earnings report forecasting a $0.77 EPS, up 8.45% YoY, and $27.95 billion in revenue, up 11.06%. Analysts anticipate a full-year EPS of $2.47 and revenue of $100.02 billion. TSLA holds a Zacks Rank of #2 (Buy).

Tesla’s valuation includes a Forward P/E ratio of 187.32, higher than the industry’s 11.65. Its PEG ratio of 9.25 exceeds the industry’s 1.75. The Auto-Tires-Trucks sector ranks in the bottom 42% of industries. Stay updated on Zacks.com for stock-influencing metrics.



Read more at Nasdaq: Tesla (TSLA) Declines More Than Market: Some Information for Investors