Tesla Inc. (TSLA) Set to Announce Earnings on Wednesday

Prudential Public Ltd Company holds 0% in Tesla Inc (NASDAQ:TSLA) or 687 shares. For the past 5 years, the company's revenue has grown 102.8%, while the company's earnings per share has grown -13.1%. The company has market cap of $93.42 million. The stock decreased 0.25% or $0.79 during the last trading session, reaching $320.08. About 292,186 shares traded. It has outperformed by 27.73% the S&P500. Sterling Investment Advisors Ltd. increased its stake in Tesla by 2.2% during the second quarter. On average, equities research analysts predict that Tesla Inc. will post ($6.67) earnings per share for the current fiscal year. Tesla Inc now has $53.55 billion valuation. Acuity Brands, Inc. (NYSE:AYI) has declined 31.18% since October 31, 2016 and is downtrending. It has underperformed by 9.62% the S&P500. Jennison Associates LLC grew its stake in shares of Tesla by 4.3% in the second quarter. It also reduced its holding in Vanguard Intl Equity Index F (VSS) by 30,175 shares in the quarter, leaving it with 86,168 shares, and cut its stake in Vanguard Admiral Fds Inc (IVOG).

Since May 1, 2017, it had 0 insider buys, and 3 selling transactions for $41.43 million activity. Shares for $33.58M were sold by Straubel Jeffrey B.

Tesla Inc shares were trading at $322.82 per share on Monday morning, up $1.95 (+0.61%).

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, August 2nd. Earnings: "What to Watch" published on October 24, 2017, Forbes.com published: "Earnings Preview: "What To Expect From Tesla On Wednesday" on October 27, 2017. "(TSLA)" was originally reported by Week Herald and is the property of of Week Herald. Bernstein maintained Tesla Inc (NASDAQ:TSLA) on Wednesday, September 27 with "Hold" rating. Therefore 21% are positive. Citigroup Inc. initiated coverage on shares of Tesla in a research note on Thursday, July 20th. On Wednesday, July 26 the stock rating was maintained by Robert W. Baird with "Buy". S&P Research maintained it with "Sell" rating and $225 target in Friday, August 14 report.

A number of analysts have issued reports on TSLA shares.

Analysts have given a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Ten analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company. The firm earned "Buy" rating on Friday, June 9 by Goldman Sachs. Kings Point Cap Management has invested 0% of its portfolio in Tesla Inc (NASDAQ:TSLA). The stock volatility for the week was 2.60% while for the month was 2.57%.

Investors sentiment increased to 1.27 in 2017 Q2. The analysts estimated mean EPS at -1.39 while the high and low EPS estimate stand at -0.1 and -3.23 respectively. It increased, as 83 investors sold TSLA shares while 159 reduced holdings. Burney invested in 0.04% or 2,570 shares. Blackrock, New York-based fund reported 5.30M shares. Rafferty Asset Ltd Company stated it has 0.04% in Tesla Inc (NASDAQ:TSLA). The company has its outstanding shares of 169.64M. Bessemer Group Inc holds 182 shares or 0% of its portfolio. Eqis Capital Mgmt stated it has 0.05% in Tesla Inc (NASDAQ:TSLA). Washington Tru National Bank & Trust invested in 669 shares. Tb Alternative Assets Ltd holds 6,800 shares. Moreover, Gm Advisory Gp has 0.07% invested in Tesla Inc (NASDAQ:TSLA) for 610 shares. Ls Investment Advisors Limited Liability Co holds 0.01% or 640 shares in its portfolio. Its down 0.06, from 1.12 in 2017Q1. It turned negative, as 51 investors sold HCA shares while 201 reduced holdings. 74 funds opened positions while 109 raised stakes. Enbridge Inc (NYSE:ENB) was raised too. Fjarde Ap owns 9,982 shares or 0.05% of their USA portfolio. The Ohio-based James Investment Research has invested 0.05% in HCA Healthcare Inc (NYSE:HCA). Arrow Corp has 8,211 shares. 2,770 were accumulated by Catawba Management Va. At present, 0 analysts call it Sell, while 6 think it is Hold. 32,628 are owned by Sector Pension Board. Therefore 90% are positive.

Several research analysts recently commented on TSLA shares. The rating was downgraded by Zacks to "Buy" on Monday, August 17. As per Friday, June 2, the company rating was maintained by BMO Capital Markets. As per Tuesday, August 8, the company rating was upgraded by Argus Research. The rating was maintained by Barclays Capital on Friday, April 7 with "Underweight". The firm earned "Neutral" rating on Wednesday, November 9 by Mizuho. Finally, Carroll Financial Associates Inc. grew its holdings in shares of Tesla by 8.7% in the second quarter. (NYSE:TRP) stake by 464,127 shares to 7.06 million valued at $335.84M in 2017Q2.