Toyota Motor Corporation (NYSE:TM - Get Free Report) rose 10.2% during trading on Thursday. The company traded as high as $220.00 and last traded at $219.8040. 234,993 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 382,437 shares. The stock had previously closed at $199.46.
Trending Headlines about Toyota Motor
Here are the key news stories impacting Toyota Motor this week:
- Positive Sentiment: First-half operating profit rose 34%, marking Toyota’s first increase in six quarters. A weaker yen and cost reductions helped offset disruptions, including those related to the Middle East conflict. Reuters article
- Positive Sentiment: Toyota raised its fiscal 2027 net-income and operating-income forecasts following the stronger first-half results. The improved profit outlook is the clearest near-term catalyst for TM. RTTNews article
- Neutral Sentiment: Toyota announced updates to the 2027 RAV4 and Tundra, including expanded charging features for RAV4 plug-in hybrids and new Tundra towing technology and Trailhunter package. These product enhancements could support future demand, though their financial impact is not yet clear. RAV4 announcement Tundra announcement
- Neutral Sentiment: Toyota is changing its regional management structure, naming new North American leadership and setting up a robotics unit. The changes may have longer-term strategic implications, but no immediate financial effect was specified. Yahoo Finance article
- Negative Sentiment: Toyota trimmed its annual revenue forecast even as it raised profit guidance. That divergence suggests sales or revenue growth remains a concern and could temper the benefit of the earnings upgrade. RTTNews article
Wall Street Analyst Weigh In
TM has been the subject of a number of research analyst reports. Erste Group Bank upgraded shares of Toyota Motor from a "hold" rating to a "strong-buy" rating in a report on Friday, September 18th. Weiss Ratings upgraded shares of Toyota Motor from a "hold (c-)" rating to a "hold (c)" rating in a research note on Thursday, October 8th. Finally, Zacks Research raised shares of Toyota Motor from a "hold" rating to a "strong-buy" rating in a research report on Thursday, October 29th. Four analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $290.00.
Check Out Our Latest Stock Report on TM
Toyota Motor Stock Performance
The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.68. The firm has a 50 day moving average price of $192.22 and a 200 day moving average price of $198.67. The stock has a market cap of $285.95 billion, a PE ratio of 9.68, a price-to-earnings-growth ratio of 1.22 and a beta of 0.62.
Toyota Motor (NYSE:TM - Get Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. The company had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. As a group, research analysts forecast that Toyota Motor Corporation will post 21.17 earnings per share for the current year.
Hedge Funds Weigh In On Toyota Motor
A number of hedge funds and other institutional investors have recently modified their holdings of TM. Wedbush Securities Inc. boosted its position in Toyota Motor by 3.0% during the second quarter. Wedbush Securities Inc. now owns 1,878 shares of the company's stock worth $316,000 after purchasing an additional 54 shares in the last quarter. 55 North Private Wealth LLC raised its position in shares of Toyota Motor by 4.5% in the second quarter. 55 North Private Wealth LLC now owns 1,356 shares of the company's stock valued at $228,000 after buying an additional 58 shares during the last quarter. Community Bank & Trust Waco Texas lifted its stake in Toyota Motor by 0.9% in the 2nd quarter. Community Bank & Trust Waco Texas now owns 6,841 shares of the company's stock worth $1,152,000 after purchasing an additional 58 shares in the last quarter. SteelPeak Wealth LLC boosted its stake in Toyota Motor by 4.6% during the third quarter. SteelPeak Wealth LLC now owns 1,363 shares of the company's stock worth $250,000 after buying an additional 60 shares during the last quarter. Finally, Bell Investment Advisors Inc increased its position in Toyota Motor by 56.1% during the third quarter. Bell Investment Advisors Inc now owns 167 shares of the company's stock worth $31,000 after purchasing an additional 60 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.
About Toyota Motor
(
Get Free Report)
Toyota Motor Corporation is a Japanese automaker headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products under the Toyota and Lexus brands. It also produces vehicles through the Hino and Daihatsu businesses.
Toyota's product portfolio includes cars, trucks, sport utility vehicles, minivans and buses, along with hybrid-electric, battery-electric and hydrogen fuel-cell vehicles.
Further Reading
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