Toyota Motor (NYSE:TM) Hits New 52-Week High – What’s Next?

by · The Markets Daily

Toyota Motor Corporation (NYSE:TM – Get Free Report) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $216.10 and last traded at $216.2970, with a volume of 8349 shares. The stock had previously closed at $208.12.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. Zacks Research lowered Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Wednesday, October 8th. Wall Street Zen lowered Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Erste Group Bank upgraded Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Research Report on Toyota Motor

Toyota Motor Price Performance

The company has a market cap of $289.78 billion, a PE ratio of 9.48 and a beta of 0.67. The company’s 50-day simple moving average is $200.31 and its 200 day simple moving average is $191.26. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.25.

Toyota Motor (NYSE:TM – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.36 by $1.49. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.The company had revenue of $81.22 billion for the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. On average, sell-side analysts predict that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Institutional Trading of Toyota Motor

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. grew its position in 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. Northern Trust Corp raised its stake in shares of Toyota Motor by 3.6% during the first quarter. Northern Trust Corp now owns 996,111 shares of the company’s stock worth $175,843,000 after purchasing an additional 34,708 shares during the last quarter. Quadrant Capital Group LLC lifted its holdings in shares of Toyota Motor by 4.6% during the second quarter. Quadrant Capital Group LLC now owns 31,640 shares of the company’s stock worth $5,450,000 after purchasing an additional 1,391 shares during the period. Rockefeller Capital Management L.P. grew its position in Toyota Motor by 21.4% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 17,062 shares of the company’s stock valued at $2,939,000 after buying an additional 3,012 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its position in Toyota Motor by 59.9% in the 1st quarter. Russell Investments Group Ltd. now owns 9,133 shares of the company’s stock valued at $1,612,000 after buying an additional 3,423 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

About Toyota Motor

(Get Free Report)

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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