Several matter pinch shares of Tesla Motors, Inc. (NASDAQ:TSLA) [Trend Analysis], as shares moving down -0.55% to $201.71 with a share volume of 3.64 Million. Tesla Motors (TSLA) secured a $300M credit line for its vehicle leasing program. But the luxury electric car maker will need billions of dollars more in funding soon to help finance major investments and acquisitions. Tesla revealed in an SEC filing Wednesday that it obtained the line from Deutsche Bank (DB).
Fundament Factor in Focus
Tesla Motors Corp. (TSLA) is aiming for positive cash flow and profitability per GAAP standards this quarter. While Elon Musk’s missive to employees has already made headlines for its exhortation to “deliver every car we possibly can,” the email also contains a reference to achieving GAAP profitability.
Tesla has been under pressure from Wall Street to show profitability after it faltered on car delivery targets and on achieving positive cash flow. Bloomberg reports that the company has “burned through” $611 million in cash in the first half of this year and $2.2 billion last year. Since listing on the markets in 2010, the electric car maker has reported positive cash flow of $257.99 million only once in 2013.
Taking look on ratio analysis, TSLA has forward price to earnings ratio of 118.03. The co is presenting price to cash flow as 9.38 and the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower.
The firm has price volatility of 3.15% for a week and 2.14% for a month. Its beta stands at 1.33 times. Narrow down four to firm performance, its weekly performance was -4.56% and monthly performance was -10.81%.
Campbell Soup Company (NYSE:CPB) runs in leading trade, it plummeting -1.02% to traded at $57.11. CPB attains analyst recommendation of 3.10 on scale of 1-5 with week’s performance of -5.96%.
To find out the technical position of CPB, it holds price to book ratio of 11.47 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 17.75, and price to earnings ratio calculated as 24.99. The price to earnings growth ration calculated as 5.04. CPB is presenting price to cash flow of 9.11 and free cash flow concluded as 23.74.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -14.90%, and looking further price to next year’s EPS is 4.65%. While take a short look on price to sales ratio, that was 2.18 and price to earning ration of 24.99 attracting passive investors.