Toyota Motor (NYSE:TM) Hits New 1-Year Low – Should You Sell?

Toyota Motor Corporation (NYSE:TM)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as $166.72 and last traded at $167.3250, with a volume of 69194 shares traded. The stock had previously closed at $169.73.

Wall Street Analyst Weigh In

A number of research firms have issued reports on TM. Zacks Research cut shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a report on Monday, April 20th. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Erste Group Bank lowered Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Finally, Freedom Capital raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $290.00.

Toyota Motor Trading Down 1.4%

The company’s fifty day moving average is $189.36 and its 200-day moving average is $209.93. The company has a current ratio of 1.27, a quick ratio of 1.12 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $218.20 billion, a P/E ratio of 8.55 and a beta of 0.57.

Toyota Motor (NYSE:TM) last announced its earnings results on Tuesday, March 31st. The company reported $3.80 EPS for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%. The firm had revenue of $76.81 billion for the quarter. As a group, sell-side analysts anticipate that Toyota Motor Corporation will post 21.06 earnings per share for the current fiscal year.

Institutional Trading of Toyota Motor

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TM. Annis Gardner Whiting Capital Advisors LLC increased its position in Toyota Motor by 418.5% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock worth $29,000 after buying an additional 113 shares during the period. Highline Wealth Partners LLC grew its stake in shares of Toyota Motor by 92.4% in the fourth quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock worth $33,000 after acquiring an additional 73 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Toyota Motor in the first quarter worth $33,000. Cornerstone Planning Group LLC raised its stake in Toyota Motor by 37.8% during the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock valued at $38,000 after purchasing an additional 48 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in Toyota Motor by 302.1% during the 4th quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock valued at $40,000 after purchasing an additional 142 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Company Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.