2012 Tesla Model S - Jay Leno"s Garage
Trade-Ideas LLC identified Tesla Motors ( TSLA) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Tesla Motors as such a stock due to the following factors:
- TSLA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $905.1 million.
- TSLA is down 3% today from today"s close.
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Automobiles industry. The net income has significantly decreased by 83.1% when compared to the same quarter one year ago, falling from -$154.18 million to -$282.27 million.
- The debt-to-equity ratio is very high at 3.08 and currently higher than the industry average, implying increased risk associated with the management of debt levels within the company. To add to this, TSLA has a quick ratio of 0.56, this demonstrates the lack of ability of the company to cover short-term liquidity needs.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Automobiles industry and the overall market, TESLA MOTORS INC"s return on equity significantly trails that of both the industry average and the S&P 500.
- Net operating cash flow has significantly decreased to -$249.61 million or 89.39% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm"s growth rate is much lower.
- The share price of TESLA MOTORS INC has not done very well: it is down 13.91% and has underperformed the S&P 500, in part reflecting the company"s sharply declining earnings per share when compared to the year-earlier quarter. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
Source: http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFURK818EuVJOol932Yzm-nAodRIQ&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779136577566&ei=ayZqV5CsNcq13gHywJ_IAQ&url=https://www.thestreet.com/story/13615637/1/tesla-motors-tsla-is-todays-post-market-loser-stock.html