Tesla is one of only 11 stocks in the S&P 500, excluding energy, that enjoys this critical support

AMD and Pfizer are among other companies with large increases to EPS estimates.

A stock split for a rapidly growing company can be a catalyst for its shares. Even though the split doesn’t really change anything, a lower price can make a stock more attractive to some investors and make it eligible to be included in certain indexes and funds that track them.

Shares of Tesla Inc. TSLA were up 5% in early trading March 28 after the company said it would ask shareholders to approve a plan to increase its number of shares. Tesla said the move would be needed “to enable a stock split.” The answer is that the consensus 2022 earnings-per-share estimate for Tesla, among analysts polled by FactSet, has increased 24% to $10.87 from $8.78 at the end of 2021.

A look at consensus sales-per-share and EPS estimates for Tesla and the index illustrates how much more growth analysts expect for Tesla:

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Low Cost Of Tesla Insurance & Maintenance Makes A Tesla Worth ItThe low cost of Tesla Insurance and maintenance, really makes owning a Tesla worth it according to Gail Alfar's new blog post
Read more »

Shocking Poll: Tesla Owners Want Tesla To Have A Presence In ConnecticutThe Hartford Business Journal recently held a poll asking whether or not Tesla and other car companies should be allowed
Read more »

The 11 Best Movies & TV Shows to Watch After a BreakupFrom 'Birds of Prey' to 'Dollface,' there are plenty of movies and TV shows that can help you get over a breakup.
Read more »

'Call the Midwife' Recap: Season 11 Episode 2A frightening event leads to a big change in Miss Higgins' life, while a patient has her own upending diagnosis. A woman prepares to have her fourth child and is happily independent but fears a social worker might interfere with her life.
Read more »

Mortal Kombat 11: Stuntwoman Shares Incredible Recreation of Sonya Blade's MovesStuntwoman SofiaStunts has shared a must-see video replicating Sonya Blade's moves from MortalKombat11!
Read more »