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Sunday, July 25, 2021

TSLA Will Be Putting Up A Quarterly Sales Sum Of $11.38 Billion

Several brokerages have already predicted that the stocks of TSLA would be announcing its quarterly sales of $11.38 billion for this quarter. Six of the investment analysts have already provided estimates into the earnings of the company, with the lowest coming in at $10.21 billion, and the highest coming in at $12.83 billion.

The sales reported by the company the previous year were $6.04 billion, which suggests an annual increase of 88.4%. The company will be posting its quarterly results on the 28th of July.

The Quarterly Report Of TSLA 

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TSLA did publish its quarterly results on the 25th of April. The EPS reported by the company during this period was $0.93, with the consensus estimate set at $0.79. The revenue generated by the company during this period was $10.39 billion, with a consensus estimate of $9.89 billion. The return on equity for the company is 6.13%, with the net margin of the company is 3.18%. 

There have been quite a number of research equities that have commented on the stocks of TSLA. UBS Group has already reduced the price target of the company to $700 with a rating of neutral in a 21st May research report.

Wells Fargo & Company has already put up a rating of equal weight with a price target of $590 in a 24th May research report. Mizuho Securities has also increased the price target of the company to $820 with a rating of buy in a 26th April research report. 

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Eleven investment analysts have already given the stocks a rating of sell, while twelve of them have given them a rating of hold. Twelve of the investment analysts have given their company a rating of buy. TSLA has a hold rating with a $467.86 price target

The stocks of TSLA traded on Thursday at $604.87. The market cap of the firm is $582.69 billion, with a 604.87 PE ratio, and a PEG ratio of 6.24. The current ratio of the company is 1.6, with a quick ratio set at 1.38. The year low of the company is $187.43, with the year high set at $900.40.

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