Is it good time to buy tsla
7/15/2024 08:33pm
**The time to buy Tesla (TSLA) shares depends on your investment strategy and risk tolerance. Here's an analysis to help you decide**:
1. **Technical Indicators**:
- The 5-Day Moving Average is $253.56, which is above the 10-Day Moving Average of $240.47 and the 50-Day Moving Average of $191.36. This indicates a bullish short-term trend.
- The Moving Average Convergence Divergence (MACD) is at 8.12, and the Relative Strength Index (RSI) is at 62.97, both of which are positive and suggest that the stock is neither overbought nor oversold.
- The stock is trading above the Bollinger Bands value of $213.29, which could indicate a strong upward momentum.
|Ticker|Name|50-Day Moving Average|5-Day Moving Average|10-Day Moving Average|Date|code|market_code|
|---|---|---|---|---|---|---|---|
|TSLA.O|Tesla|191.3620|253.5580|240.4700|20240712|TSLA|185|
|Ticker|Name|RSI|MACD|KDJ|Boll|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|TSLA.O|Tesla|62.9653|8.1218|62.4955|213.2890|20240712|TSLA|185|
2. **Fundamental Analysis**:
- Tesla's Total Revenue is $21.3 billion, with a Return on Equity (ROE) of 1.78%. The Diluted Earnings Per Share (EPS) is $0.34, and the company has a positive Net Income of $1.14 billion.
- The Price-to-Earnings (P/E) ratio is 58.15, the Price-to-Book (P/B) ratio is 12.3, and the Price-to-Sales (P/S) ratio is 9.29. These high ratios suggest that the stock is trading at a premium compared to its fundamentals.
- The Debt-to-Equity Ratio is 67.58%, and the company has negative Free Cash Flow of $6.11 billion. This indicates a high level of debt and negative cash flow, which could lead to financial distress.
- The Gross Profit Margin is 17.35%, which is reasonable for the industry.
|Ticker|Name|Total Revenue|ROE(Average)|Dividend Yield (TTM)|Diluted EPS|Date|code|market_code|
|---|---|---|---|---|---|---|---|---|
|TSLA.O|Tesla|2.1301E10|1.7778||0.34|20240331|TSLA|185|
|TSLA.O|Tesla|||||20240712|TSLA|185|
3. **Market Sentiment and Analysts' Views**:
- The consensus rating for TSLA is "Neutral" with an average price target of $188.89. This suggests that analysts do not see significant upside or downside potential in the near term.
- Citi has raised its price target to $274, indicating a more positive outlook. However, UBS has downgraded its rating to "Sell" with a price target of $197, which could be a concern.
- The stock has experienced significant volatility, with a recent price drop due to delays in the robotaxi event. This volatility makes it difficult to predict future movements.
4. **Future Outlook**:
- Tesla's stock price could be influenced by upcoming events, such as the Q2 earnings report on July 23 and the robotaxi event in October. These events could provide catalysts for the stock's performance.
- The company's long-term prospects are tied to its ability to maintain its market share and innovate in the electric vehicle (EV) market.
In conclusion, if you are considering a long-term investment in Tesla and are comfortable with the high valuations and the company's growth potential, it might be a suitable time to buy. However, if you are risk-averse or prefer short-term investments, the current situation may not be favorable. It's important to align your decision with your investment goals and risk tolerance.