Toyota Motor (NYSE:TM) Hits New 52-Week High - Here's Why

Key Points

• Toyota Motor reached a new 52-week high at $202.87 during trading, with the stock last trading at $202.02, marking a significant increase from its previous close at $198.78.
• Equities research analysts have recently upgraded Toyota Motor's ratings, with Zacks upgrading it to "hold" and Bernstein rating it as "outperform," while the stock currently holds an average rating of "Hold."
• In its latest earnings report, Toyota reported $83.13 billion in revenue for the quarter, surpassing analyst expectations, but missed the EPS estimate with $4.47 compared to the forecast of $4.67.

Toyota Motor Corporation (NYSE:TM - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $202.87 and last traded at $202.02, with a volume of 123932 shares. The stock had previously closed at $198.78.

Analysts Set New Price Targets

TM has been the topic of several recent analyst reports. Sanford C. Bernstein upgraded shares of Toyota Motor from a "market perform" rating to an "outperform" rating in a research note on Monday, August 18th. Zacks Research upgraded shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold".

Toyota Motor Stock Performance

The business's fifty day simple moving average is $190.14 and its 200-day simple moving average is $184.15. The firm has a market cap of $268.38 billion, a P/E ratio of 9.60 and a beta of 0.61. The company has a current ratio of 1.27, a quick ratio of 1.11 and a debt-to-equity ratio of 0.62.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.67 by ($0.20). The business had revenue of $83.13 billion for the quarter, compared to analysts' expectations 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, sell-side analysts expect that Toyota Motor Corporation will post 19.76 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of TM. Cambridge Investment Research Advisors Inc. grew its stake in shares of Toyota Motor by 0.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,409 shares of the company's stock worth $2,014,000 after acquiring an additional 56 shares during the period. Dorsey & Whitney Trust CO LLC grew its position in Toyota Motor by 0.9% during the first quarter. Dorsey & Whitney Trust CO LLC now owns 6,636 shares of the company's stock valued at $1,171,000 after buying an additional 61 shares during the period. Abundance Wealth Counselors grew its position in Toyota Motor by 2.0% during the second quarter. Abundance Wealth Counselors now owns 3,105 shares of the company's stock valued at $535,000 after buying an additional 62 shares during the period. Financial Management Professionals Inc. grew its position in Toyota Motor by 20.3% during the second quarter. Financial Management Professionals Inc. now owns 379 shares of the company's stock valued at $65,000 after buying an additional 64 shares during the period. Finally, Kathmere Capital Management LLC grew its position in Toyota Motor by 4.2% during the second quarter. Kathmere Capital Management LLC now owns 1,641 shares of the company's stock valued at $283,000 after buying an additional 66 shares during the period. 1.48% of the stock is owned by hedge funds and other institutional investors.

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.