Toyota Motor (NYSE:TM) Reaches New 12-Month Low - Should You Sell?

Toyota Motor Co. (NYSE:TM - Get Free Report)'s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $188.55 and last traded at $191.16, with a volume of 343484 shares trading hands. The stock had previously closed at $195.39.

Analyst Ratings Changes

TM has been the subject of several recent research reports. Sanford C. Bernstein began coverage on shares of Toyota Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company. CLSA cut Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. StockNews.com raised shares of Toyota Motor from a "sell" rating to a "hold" rating in a report on Tuesday, January 7th. Finally, Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Toyota Motor presently has a consensus rating of "Hold".

Toyota Motor Trading Up 0.8 %

The firm has a market capitalization of $258.72 billion, a price-to-earnings ratio of 7.93, a P/E/G ratio of 0.35 and a beta of 0.64. The firm's 50-day moving average is $181.32 and its 200 day moving average is $180.64. The company has a current ratio of 1.21, a quick ratio of 1.06 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. On average, equities analysts predict that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Institutional Trading of Toyota Motor

Several large investors have recently modified their holdings of TM. FNY Investment Advisers LLC acquired a new position in shares of Toyota Motor during the fourth quarter valued at about $1,167,000. Strategic Financial Concepts LLC bought a new stake in shares of Toyota Motor during the fourth quarter valued at approximately $2,140,000. SVB Wealth LLC acquired a new position in shares of Toyota Motor during the fourth quarter worth approximately $447,000. Charles Schwab Investment Management Inc. lifted its holdings in shares of Toyota Motor by 17.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 71,891 shares of the company's stock worth $13,991,000 after purchasing an additional 10,576 shares in the last quarter. Finally, Atria Wealth Solutions Inc. grew its position in Toyota Motor by 119.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 2,556 shares of the company's stock valued at $498,000 after purchasing an additional 1,390 shares during the period. 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.