Tesla, Inc. : Below the upper bound
Published on 28/02/2018 at 15:23
| Entry price | Target | Stop-loss | Potential |
|---|
|
US$352.2 |
US$301.7 |
US$360.5 |
+14.34% |
|---|
The zone, in which the stock price is currently trading and which forms a technical resistance, paves the way for a pullback of the stock over the coming trading sessions towards 333.3 USD.
Summary● The company usually posts poor financials for mid or long term investments.
● For a short-term investment strategy, the company has poor fundamentals.
● According to sales estimates from analysts polled by Thomson-Reuters, the company is among the best with regard to growth.
● The company has insufficient levels of profitability.
● The group shows a rather high level of debt in proportion to its EBITDA.
● Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
● The company's earnings releases usually do not meet expectations.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.
● For the last four months, earnings estimated by analysts have been revised downwards with respect to the next two years.
● For the last 12 months, analysts have been regularly downgrading their EPS expectations. Analysts predict worse results for the company against their predictions a year ago.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
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