Toyota Motor Corporation (NYSE:TM) Sees Significant Growth in Short Interest

Key Points

• Toyota Motor Corporation experienced a 27.6% increase in short interest, totaling 882,300 shares by August 15, up from 691,400 shares at the end of July.
• The company reported earnings of $4.47 per share in its latest quarterly results, missing expectations of $4.67 but surpassing revenue estimates with $83.13 billion.
• Analysts have varying ratings for Toyota, with recent upgrades from Sanford C. Bernstein to "outperform" and Zacks Research to "hold," leading to an average rating of "Hold" across the board.

Toyota Motor Corporation (NYSE:TM - Get Free Report) was the recipient of a significant growth in short interest in August. As of August 15th, there was short interest totaling 882,300 shares, a growth of 27.6% from the July 31st total of 691,400 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 444,300 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 444,300 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.1% of the shares of the stock are short sold.

Toyota Motor Price Performance

Shares of TM traded down $1.86 during trading hours on Tuesday, reaching $200.93. 330,415 shares of the company traded hands, compared to its average volume of 407,818. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $270.74 billion, a PE ratio of 9.69 and a beta of 0.61. Toyota Motor has a fifty-two week low of $155.00 and a fifty-two week high of $202.85. The stock has a fifty day simple moving average of $185.20 and a 200 day simple moving average of $183.06.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing analysts' consensus estimates of $4.67 by ($0.20). The company had revenue of $83.13 billion for the quarter, compared to analyst estimates of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. As a group, research analysts predict that Toyota Motor will post 19.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the company. Sanford C. Bernstein raised Toyota Motor from a "market perform" rating to an "outperform" rating in a report on Monday, August 18th. Zacks Research raised Toyota Motor from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 26th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Toyota Motor currently has an average rating of "Hold".

Institutional Trading of Toyota Motor

Large investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC boosted its stake in shares of Toyota Motor by 27.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company's stock valued at $1,424,000 after acquiring an additional 1,778 shares during the last quarter. DeDora Capital Inc. acquired a new stake in Toyota Motor in the 1st quarter worth about $349,000. Bank of New York Mellon Corp boosted its stake in Toyota Motor by 10.8% in the 1st quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company's stock worth $9,532,000 after buying an additional 5,262 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Toyota Motor by 14.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company's stock worth $14,533,000 after buying an additional 10,433 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in Toyota Motor in the 1st quarter worth about $373,000. Institutional investors and hedge funds own 1.48% of the company's stock.

About Toyota Motor

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.

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