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

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.

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on TM. Zacks Research raised Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, August 26th. Sanford C. Bernstein upgraded shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research report on Monday, August 18th. 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 has an average rating of "Hold".

Toyota Motor Trading Up 1.6%

The company has a market capitalization of $273.18 billion, a price-to-earnings ratio of 9.78 and a beta of 0.61. The business's 50 day moving average price is $184.59 and its two-hundred day moving average price is $182.89. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.11 and a current ratio of 1.27.

Toyota Motor (NYSE:TM - Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $4.47 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Equities analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Allspring Global Investments Holdings LLC increased its stake in shares of Toyota Motor by 27.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company's stock worth $1,424,000 after purchasing an additional 1,778 shares during the last quarter. DeDora Capital Inc. acquired a new position in shares of Toyota Motor during the 1st quarter worth $349,000. Bank of New York Mellon Corp increased its stake in shares of Toyota Motor by 10.8% during the 1st quarter. Bank of New York Mellon Corp now owns 53,998 shares of the company's stock worth $9,532,000 after purchasing an additional 5,262 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of Toyota Motor by 14.5% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 82,324 shares of the company's stock worth $14,533,000 after purchasing an additional 10,433 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new position in shares of Toyota Motor during the 1st quarter worth $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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