|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||121.81 - 122.27|
|52 Week Range||117.36 - 130.93|
|PE Ratio (TTM)||16.36|
|Expense Ratio (net)||0.44%|
March 2018 Update: Is the Market Losing Hope in Tesla? Tesla (TSLA) began 2018 on a bullish note, with its stock rising 13.8% in January. As of March 12, TSLA has risen 11% quarter-to-date compared to the 4.1% rise seen in the S&P 500 benchmark.
According to recent data compiled by Reuters, only 13% of analysts covering Ford Motor Company (F) stock have given it “buy” ratings. In comparison, a much higher percentage of ~46% of analysts covering GM stock have given it “buy” recommendations. On March 8, 2018, Wall Street analysts’ 12-month consensus target price for Ford was $12.20, an upside of ~15% compared to its market price of $10.61.
In fiscal 1Q18, AutoZone (AZO) reported total revenues of $2.6 billion, a 4.9% YoY (year-over-year) increase. Analysts estimate that AutoZone’s 2Q18 revenues will be up ~4.4% YoY at $2.4 billion. Expectations of a sales recovery in the domestic market, along with AutoZone’s plans to expand its international business, could be some key reasons for analysts’ positive revenue growth estimates.