Toyota Motor (NYSE:TM) Reaches New 12-Month High - What's Next?

Key Points

• Toyota Motor Corporation's shares reached a new 52-week high, trading at $202.07 during Monday's session, reflecting a significant increase from the previous close of $199.62.
• Analysts have upgraded Toyota's stock ratings, with Zacks Research moving from a "strong sell" to a "hold" and Sanford C. Bernstein upgrading from "market perform" to "outperform."
• The company's recent earnings report showed a revenue of $83.13 billion for the quarter, exceeding analyst estimates, although its EPS of $4.47 fell short of the expected $4.67.

Shares of Toyota Motor Corporation (NYSE:TM - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $202.07 and last traded at $201.93, with a volume of 91572 shares. The stock had previously closed at $199.62.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Zacks Research raised shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Sanford C. Bernstein raised shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research note on Monday, August 18th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Toyota Motor has a consensus rating of "Hold".

Toyota Motor Stock Down 0.8%

The stock's 50 day simple moving average is $187.18 and its two-hundred day simple moving average is $183.54. The firm has a market cap of $264.28 billion, a P/E ratio of 9.46 and a beta of 0.61. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11.

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

Institutional Investors Weigh In On Toyota Motor

A number of institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in Toyota Motor by 22,846.4% in the first quarter. GAMMA Investing LLC now owns 491,283 shares of the company's stock worth $86,726,000 after purchasing an additional 489,142 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in Toyota Motor by 717.3% in the second quarter. Orion Porfolio Solutions LLC now owns 145,990 shares of the company's stock worth $25,148,000 after purchasing an additional 128,128 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Toyota Motor by 1.7% in the second quarter. Fisher Asset Management LLC now owns 6,827,634 shares of the company's stock worth $1,176,128,000 after purchasing an additional 112,905 shares during the last quarter. Clark Capital Management Group Inc. boosted its holdings in Toyota Motor by 61.9% in the first quarter. Clark Capital Management Group Inc. now owns 224,583 shares of the company's stock worth $39,646,000 after purchasing an additional 85,835 shares during the last quarter. Finally, Balyasny Asset Management L.P. boosted its holdings in Toyota Motor by 118.3% in the second quarter. Balyasny Asset Management L.P. now owns 152,471 shares of the company's stock worth $26,265,000 after purchasing an additional 82,617 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Toyota Motor Company Profile

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.