Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names. It also provides mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under the Toyota name; mid-size cars; luxury cars; sports cars under the GR Yaris, Corolla Sport, Corolla Cross, and Supra names; and recreational and sport-utility vehicles under the Highlander name. In addition, the company offers pickup trucks under the Tacoma name; minivans; and trucks and buses. Further, it provides financial services, such as retail financing and leasing, wholesale financing, insurance, and credit cards; and designs, manufactures, and sells prefabricated housing. Additionally, the company operates GAZOO.com, a web portal for automobile information. It operates in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. The company was founded in 1933 and is headquartered in Toyota, Japan.
Toyota Motor Trading Up 1.7 %
Shares of Toyota Motor stock traded up $2.71 during trading on Friday, reaching $161.31. The company's stock had a trading volume of 203,720 shares, compared to its average volume of 220,577. Toyota Motor has a 52-week low of $152.14 and a 52-week high of $213.74. The company has a market cap of $225.51 billion, a price-to-earnings ratio of 9.72, a PEG ratio of 0.94 and a beta of 0.51. The firm's 50-day moving average is $158.16 and its two-hundred day moving average is $169.06. The company has a quick ratio of 0.92, a current ratio of 1.10 and a debt-to-equity ratio of 0.60.
Toyota Motor (NYSE:TM - Get Rating) last announced its quarterly earnings data on Wednesday, May 11th. The company reported $3.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.40 by $0.94. Toyota Motor had a net margin of 8.42% and a return on equity of 9.98%. The company had revenue of $69.82 billion during the quarter, compared to analysts' expectations of $68.20 billion. On average, sell-side analysts anticipate that Toyota Motor will post 17.63 earnings per share for the current year.
Wall Street Analyst Weigh In
TM has been the topic of a number of analyst reports. Jefferies Financial Group upped their target price on shares of Toyota Motor from $177.49 to $179.41 and gave the stock a "hold" rating in a report on Thursday, July 7th. UBS Group decreased their target price on shares of Toyota Motor from 2,500.00 to 2,300.00 in a report on Wednesday, July 13th. Macquarie cut shares of Toyota Motor from an "outperform" rating to a "neutral" rating in a research note on Friday, July 15th. JPMorgan Chase & Co. raised shares of Toyota Motor from a "neutral" rating to an "overweight" rating in a research note on Tuesday, May 31st. Finally, StockNews.com cut shares of Toyota Motor from a "buy" rating to a "hold" rating in a research note on Friday. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $1,239.71.