Tesla third best performer of NASDAQ-100 Index, institutional shareholder Blackrock Inc. buys 11 February 2019

NEWS BITES - NORTH AMERICA

Tesla, Inc. (NASDAQ:TSLA), the NASDAQ's largest Auto company by market cap, has lifted $US7.04 (2.3%) from its last trading session of February 08 to close at $US312.84. This makes Tesla's stock the third highest performer in the NASDAQ-100 Index of 103 stocks which is down 0.06% in a day. This also indicates a relative price increase of 2.4%. The volume was 0.7 times the average daily trading volume of 10.3 million shares. Its MCap is $US53.4 billion.

TODAY'S BUZZ

Tesla's Model 3 ranked 'most satisfying' car, more than Porsche or Corvette: CNBC

Tesla's electric vehicle dominance is about to have 'serious competition,' Morgan Stanley says: CNBC

INSTITUTIONAL BUYING

Tesla (NASDAQ:TSLA) institutional shareholder Blackrock Inc. (CIK:0001364742) bought 27,587 shares in the quarter ended December 31, 2018 worth $US9.2 million at an estimated Volume Weighted Average Price (VWAP) of USD317.24. At the end of the quarter Blackrock Inc. held 6,350,027 shares worth $US2 billion, representing 3.70% of the issued capital of Tesla.

INSTITUTIONAL SELLING

Tesla (NASDAQ:TSLA) institutional shareholder New York State Common Retirement Fund (CIK:0000810265) sold 134,444 shares in the quarter ended December 31, 2018 worth $US44.7 million at an estimated Volume Weighted Average Price (VWAP) of USD317.24. At the end of the quarter New York State Common Retirement Fund held 366,818 shares worth $US116.4 million.

Highlights in today's Report:

SECTION 1 BULLISH SIGNALS incl. Short Selling and Open Interest

SECTION 2 BEARISH SIGNALS

SECTION 3 PRICE VOLUME DYNAMICS

SECTION 4 RELATED NEWS

SECTION 5 REPORTED BUYING AND SELLING

SECTION 6 SUMMARY FINANCIALS

SECTION 7 PROFILE

SECTION 1 TESLA BULLISH SIGNALS

1.1 Short Selling and Open Interest:

+ The current short volume is 0.8 times its own historical average of 1.7%.

+ Open interest hit a ten-day high.

+ Open Interest Trend

Same day trend: The price lifted 2.3% from $US305.80 to $US312.84; Open interest has jumped 7.6% from 142,439 to 153,205. A price rise combined with an increase in open interest suggests there is new money coming into the market from existing or new buyers. This is a bullish signal.

DurationOpen Interest change %Price change %Interpretation
1-day7.62.3Strong Market

+ % Change in Put Call Ratio

Put Call Ratio1 Day1 WeekInterpretation
Change %-49.4-32.2Uptrend

+ Put Call Contracts

Put/Call ratio has declined from 1.361 to 0.688 suggesting an uptrend.

Put ContractsCall ContractsPut/Call ratio
Today62,43190,7740.688
Previous day82,11660,3231.361

+ Top three traded call options [1 contract is 100 shares]

Exercise PriceExercise DateOption PriceChange %Contracts Traded
$US300.0February 15, 2019$US18.06110.2250
$US297.50February 15, 2019$US21.0140.0216
$US290.0February 15, 2019$US27.092.229

1.2 Technicals:

+ The present value of USD1,000 (PV1000) invested five years ago in Tesla is $US1,686, for a capital gain of $US686.

+ 5 years Multiplier in USD = 1.686x

+ Compound Annual Growth Rate (CAGR) in USD = 11.0%

High Performance Indicators and rank of Tesla in the NASDAQ market:

DescriptionTSLA ValueRank In Market
Today's Trading Turnover$US2.2 billionIn Top 1%
Price Change %2.3In Top Quartile

1.3 Fundamentals:

+ Tobin's Q Ratio, defined as MCap divided by Total Assets, is 1.9. Compared with the rest of the market the stock is undervalued.

Quarterly Trend in Revenue and Net Profit Margin:

+ Net Profit margin has shown signs of recovery in recent quarters. [All figures in %]

Qtr-endedRevenue GrowthNet Profit Margin
Sep 18 [Q3]70.53.7
Jun 18 [Q2]17.4-18.6
Mar 18 [Q1]-0.7-23
Dec 17 [Q4]15-23.4

SECTION 2 TESLA BEARISH SIGNALS

Low Performance Indicators and rank of Tesla in the NASDAQ market:

DescriptionTSLA ValueRank In Market
% Prem to Vol Wtd Price0.4In Bottom Quartile
Price/MAP500.95In Bottom Quartile
Price to Sales4.5In Bottom Quartile

Fundamentals:

Overvaluation [compared with sector average]:

+ Price/Sales of 4.5 [1.9].

+ Price to Book of 14 [6.2].

SECTION 3 TESLA PRICE VOLUME DYNAMICS

3.1 Technicals:

+ Tesla is at a discount of 19.3% to its 12-month high of $US387.46 on August 07, 2018. It is also at a premium of 27.9% to the 12-month low of $US244.59 on April 02, 2018.

+ The present value of $US1,000 (PV1000) invested one year ago in Tesla is $US1,008, for a capital gain of $US8.

PV$10001-week1-month1-year
TSLA.NASDAQ1,0009241,008
NASDAQ-100 Index9931,0181,077

3.2 Aggregate Volumes and Prices:

[Volume Index or VI in brackets; 1 is average]

+ Nasdaq: TSLA.NASDAQ 7,110,000 [VI of 0.7] volume 99.86% of aggregate. Price: $US312.84.

+ Xetra: TL0.ETR 10,250 [VI of 0.8] volume 0.14% of aggregate. Price: EUR278.82. Using the current exchange rate of EUR1 equals 1.1324USD, The shares are at a 0.9% premium to the close price on Nasdaq.

+ Aggregate volume: there were 7.1 million shares of Tesla worth $US2.2 billion traded today. The aggregate volume was 0.7 times average trading of 10.2 million shares.

3.3 Moving Annual Return (Past 5 years)

Based on a dynamic start date of 5 years ago, the real rate of return has averaged 16.3%. The Moving Annual Return has been positive in 4 of the last 5 years. An investment a year ago in TSLA would have produced a return of 0.8%.

TSLAClose (USD)Annual Return %
Feb 11312.840.8
1 Yr ago310.4218.4
2 Yrs ago262.0877.1
3 Yrs ago147.99(31.8)
4 Yrs ago217.0516.9

Close 5 years ago $US185.60

3.4 Beta & Alpha:

+ Beta: the Beta of Tesla stock is 0.5. A Beta lower than 1 suggests this is a low risk, low return stock with volatility less than that of the market.

+ Alpha: the Alpha of the stock is -7.1. The actual return of -2.99% fell short of the expected return of 4.1%, reflecting underperformance.

3.5 The Past Three Years

+ Tesla, Inc. (NASDAQ:TSLA), extended its rise from 78.9% three years ago to 15.3% two years ago to 0.8% a year ago. In the past three years it has risen $US162.37 (107.9%), compared with the NASDAQ-100 Index which rose 2,947.0 points (74.4%) in the three years for a relative price increase of 33.5%.

SECTION 4 TESLA RELATED NEWS

4.1 Stock Buzz: Past Week

News DateHeadlinePublisher
Feb 08Tesla Disputes Study That Icy Weather Leads To 41% Drop In EVs RangeBayStreet
Feb 08Tesla's delivery team gutted in recent job cuts: sourcesInvesting.com
Feb 08Tesla, Inc. (NASDAQ:TSLA) cuts the price of the Model 3Live Trading News
Feb 08Tilson Fans Get Angry Over Whitney s Negative Tesla Articles Send Him Dickish (Not Jeff Bezos Style) EmailsValueWalk
Feb 08Tesla Buys Battery Maker for 50% Markup This One Could Be NextWealth Daily
Feb 08Tesla Moves Closer to Its Promised $35,000 Model 3Yahoo Finance
Feb 08Impact Of Tesla's Maxwell Technologies Acquisition Uncertain On Existing Maxwell Fleet Businessbenzinga.com
Feb 08Tesla Inc (TSLA) Position Lifted by Grimes & Company Inc.dispatchtribunal.com
Feb 08Tesla Cuts Model 3 Prices Once Again As US Government Phases Out Tax Creditsindependent.ng
Feb 08Maxwell Technologies Announces Definitive Merger Agreement with Tesla, Inc.news.theregistrysf.com
Feb 08Tesla s (TSLA) Equal Weight Rating Reiterated at Morgan Stanleytheenterpriseleader.com
Feb 08Tesla Inc (TSLA) Director Linda Johnson Rice Sells 1,700 Sharesthemarketsdaily.com
Feb 05Tesla Buying Maxwell, Could Signal Move To Solid State BatteryInside EVs
Feb 05Maxwell Technologies Announces Definitive Merger Agreement with TeslaInvesting News Network
Feb 05Mid-Afternoon Market Update: Dow Rises 100 Points; Maxwell Technologies Shares Jump Following Tesla DealNasdaq

To view the past 45 days' Stock BUZZ on Tesla(TSLA), click here

4.2 Analyst Recommendations: Past Week

DateBrokerageActionPast RatingCurrent RatingPrev TargetPrice Target
Feb 06, 2019Royal Bank of CanadaSet Price Target-Sell-245
Feb 05, 2019Morgan StanleyReiteratesEqualEqual Weight291283
Feb 04, 2019DZ BankReiterates-Sell--

4.3 Other News

+ BSS/News Bites:

Tesla, Inc. is placed 928/2167 in BSS News Bites' ranking of NASDAQ performers in the past year, a percentile ranking of 57.

+ Vanguard Total World Stock ETF 7582:

The stock was one of 7582 global stocks selected by Vanguard Total World Stock ETF (VT) who bought 1,532 shares in the period Nov 30, 2018 to Dec 31, 2018 worth $US526,787 at an estimated Volume Weighted Average Price (VWAP) of $US343.8556. As at Dec 31, 2018, the Vanguard Total World Stock ETF held 47,233 shares worth $US16,241,332 or 0.1% by value of the ETF's portfolio [Ranked 168 out of 7582 by value and 31 out of 672 for NASDAQ].

SECTION 5 TESLA REPORTED BUYING AND SELLING

5.1 Institutional Buying and Selling Quarter Ended September 30

Total reported Institutional buying = 10,796,521 shares

Total reported Institutional selling = 9,522,531 shares

Net reported institutional buying = 1,273,990 shares

5.2 Reported Holdings of Institutions as at Sep 30, 2018

Total = 100,920,056 shares

Market Value = $US26.7 billion

SECTION 6 TESLA SUMMARY FINANCIALS

Financials Summary

Year endedDec 2017Dec 2016Dec 2015
Sales (USD B)11.97.14
Pretax (USD)(2.2B)(746.3M)(875.6M)
Net (USD)(2B)(674.9M)(888.7M)
EPS (USD)(11.83)(4.68)(6.93)

+ Net Loss deteriorated from -US$674.9 million in 2016 to -US$2 billion in 2017.

+ Earnings Per Share (EPS) deteriorated from -$US4.68 to -$US11.83.

SECTION 7 TESLA PROFILE

7.1 Activities

Tesla Motors, Incorporated designs, develops, manufactures and sells high-performance fully electric vehicles and advanced electric vehicle powertrain components.

7.2 Issued Capital

Based on 170,593,000 issued shares the market capitalisation is $US53.4 billion.

COMPANY IDENTIFIERS

Contact: +1 650 681-5000

Physical Address: 3500 Deer Creek Road, Palo Alto, CA,94304

State/Province/Country: CA, United States

Country of Incorporation: United States

Industry [NAICS]: 336211

Exchange: NASDAQ

Economic Sector: Utilities

Business Sector: Utilities

ISIN: US88160R1014

O:TSLA; TSLA.O

PermID: 4297089638

RIC: TSLA.O

CIK: 1318605

CUSIP: 88160R101

Tesla Motors Inc, Tesla Motors, Inc

Source: www.BuySellSignals.com