Updated Jun 21, 2021 02:59 PM ET
This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
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3-Hold of 5 3
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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F Value A Growth F Momentum C VGM
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
Over the years, electric vehicle (EV) maker Tesla has evolved into a dynamic technology innovator. It has transformed the EV market much the same way as Amazon changed the retail landscape and Netflix revolutionized entertainment. Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. In fact, the company’s flagship Model 3 accounts for about half of the U.S. EV market. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it ...
Over the years, electric vehicle (EV) maker Tesla has evolved into a dynamic technology innovator. It has transformed the EV market much the same way as Amazon changed the retail landscape and Netflix revolutionized entertainment. Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. In fact, the company’s flagship Model 3 accounts for about half of the U.S. EV market. Tesla, which has managed to garner the reputation of a gold standard over the years, is now a far bigger entity that what it started off since its IPO in 2010, with a market capitalization almost double the combined value of top two U.S. auto giants General Motors and Ford.
Over the years, Tesla has shifted from developing niche products for affluent buyers to making more affordable EVs for the masses. The firm’s three-pronged business model approach of direct sales, servicing, and charging its EVs sets it apart from other carmakers. Tesla, which is touted as the clean energy revolutionary automaker, is much more than just a car manufacturer. The firm also makes different kinds of technology like self driving software, charging stations and battery development, et al. The technology titan has also made inroads into solar and energy storage business.
Tesla operates under two segments: Automotive and Energy Generation & Storage. While Automotive and Energy Generation/Storage operations accounted for 86.4% and 6.3% of the total sales in 2020, respectively, revenues from Services and Others constituted the rest.
Presently, the company produces and sells three fully electric vehicles: The Model S sedan, the Model X sport utility vehicle (“SUV”) and the Model 3 sedan. Tesla’s equally impressive future product lineup includes Model Y, Cybertruck, Semi truck and Roadster. The firm manufactures its vehicles primarily at facilities located in Fremont, California, Lathrop, California, Tilburg, Netherlands. Tesla’s first, second and third Gigafactory are located in Nevada, New York and Shanghai, respectively. While production in these three factories are going on a full swing, production from Tesla's 5th and 6th Gigafactory in Berlin and New York, respectively, is expected to begin this year.
3500 DEER CREEK ROAD
PALO ALTO, CA 94304
|Industry||Automotive - Domestic|
|Fiscal Year End||December|
|Last Reported Quarter||3/31/2021|
|Next EPS Date||7/28/2021|
|Current Quarter EPS Consensus Estimate||0.89|
|Current Year EPS Consensus Estimate||4.32|
|Estimated Long-Term EPS Growth Rate||37.50|
|Next EPS Report Date||7/28/2021|
Price and Volume Information
|52 Week High||900.40|
|52 Week Low||187.43|
|20 Day Moving Average||22,437,422.00|
|Target Price Consensus||643.18|
|Trailing 12 Months||133.47|
|vs. Previous Year||2,337.50%|
|vs. Previous Quarter||62.50%|
|vs. Previous Year||73.58%|
|vs. Previous Quarter||-3.30%|
|Price / Sales||16.71|