The stock of Toyota Motor Corp (ADR) (NYSE:TM) is a huge mover today! About 91,375 shares traded hands. Toyota Motor Corp (ADR) (NYSE:TM) has risen 6.57% since April 22, 2016 and is uptrending. It has outperformed by 1.16% the S&P500.
The move comes after 8 months positive chart setup for the $201.38 billion company. It was reported on Nov, 25 by Barchart.com. We have $122.76 PT which if reached, will make NYSE:TM worth $8.06 billion more.
Analysts await Toyota Motor Corp (ADR) (NYSE:TM) to report earnings on February, 3. They expect $2.19 EPS, down 33.03% or $1.08 from last year’s $3.27 per share. TM’s profit will be $3.74 billion for 13.48 P/E if the $2.19 EPS becomes a reality. After $2.51 actual EPS reported by Toyota Motor Corp (ADR) for the previous quarter, Wall Street now forecasts -12.75% negative EPS growth.
Toyota Motor Corp (ADR) (NYSE:TM) Ratings Coverage
Out of 8 analysts covering Toyota Motor Corporation (NYSE:TM), 0 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 0 are positive. Toyota Motor Corporation has been the topic of 8 analyst reports since August 19, 2015 according to StockzIntelligence Inc. Credit Suisse downgraded the shares of TM in a report on Friday, February 26 to “Neutral” rating. The stock has “Neutral” rating given by Susquehanna on Tuesday, December 22. Societe Generale downgraded the shares of TM in a report on Monday, February 8 to “Neutral” rating. Citigroup downgraded the shares of TM in a report on Thursday, August 25 to “Neutral” rating. The firm earned “Neutral” rating on Wednesday, August 19 by JP Morgan. The firm has “Neutral” rating by Bank of America given on Wednesday, February 24. Jefferies downgraded the shares of TM in a report on Friday, October 9 to “Hold” rating. The stock of Toyota Motor Corp (ADR) (NYSE:TM) earned “Sell” rating by UBS on Friday, May 27.
According to Zacks Investment Research, “Toyota Motor Corporation produces, sells, leases, and repairs passenger cars, trucks, buses, boats, airplanes and other products in Japan and most foreign countries. The Company is also involved in the businesses of real estate, civil engineering, insurance and so on.”
TM Company Profile
Toyota Motor Corporation (Toyota), incorporated on August 27, 1937, conducts business in the automotive industry. The Firm also conducts business in finance and other industries. The Company’s divisions include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.
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