RE:RE:Today Evaluation of TSLFurther, with respect to "todays" share price & why it should be higher.
Current SP = $3.89
EPS based on 12 months trailing earnings = 34 cents giving us a P/E ratio of 11.4.
The key here is that almost 65% of the 34 cents is based on 1st Q 2021 earnings, pointing to a much higher EPS in 2021 than the 18 cents per share in 2020 ... as in 4 to 5 times higher.
Trading in the 2 month period prior to 1st Q release averaged about the current price of $3.89 with a high of $4.29. It fell off a bit in the weeks just prior to the May 7 release.
So what should the SP be now ? ... I'd say closer to $5 or $6 ... more if investors are confident that earnings in the next 3 Quarters will come anywhere close to 1st Q.