Toyota Motor (NYSE:TM) Hits New 52-Week High – Should You Buy?

Toyota Motor Corporation (NYSE:TM) reached a new 52-week high on Friday . The stock traded as high as $221.24 and last traded at $220.36, with a volume of 48953 shares. The stock had previously closed at $214.73.

Analysts Set New Price Targets

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

Toyota Motor Trading Up 2.4%

The business has a fifty day simple moving average of $206.48 and a 200-day simple moving average of $195.54. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.10 and a current ratio of 1.25. The firm has a market cap of $296.37 billion, a price-to-earnings ratio of 9.70 and a beta of 0.64.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share for the quarter, topping the consensus estimate of $3.36 by $1.49. The company had revenue of $81.22 billion for the quarter, compared to analysts’ expectations of $79.06 billion. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. As a group, equities analysts forecast that Toyota Motor Corporation will post 19.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Toyota Motor

A number of hedge funds have recently modified their holdings of TM. Wilmington Savings Fund Society FSB increased its holdings in Toyota Motor by 5.2% in the third quarter. Wilmington Savings Fund Society FSB now owns 1,020 shares of the company’s stock valued at $195,000 after purchasing an additional 50 shares during the period. MGO One Seven LLC grew its position in shares of Toyota Motor by 3.8% in the 3rd quarter. MGO One Seven LLC now owns 1,444 shares of the company’s stock valued at $276,000 after buying an additional 53 shares during the last quarter. Seven Mile Advisory grew its position in shares of Toyota Motor by 4.1% in the 3rd quarter. Seven Mile Advisory now owns 1,400 shares of the company’s stock valued at $268,000 after buying an additional 55 shares during the last quarter. Moneta Group Investment Advisors LLC raised its position in shares of Toyota Motor by 1.3% during the third quarter. Moneta Group Investment Advisors LLC now owns 4,211 shares of the company’s stock worth $805,000 after acquiring an additional 56 shares during the last quarter. Finally, Lodestone Wealth Management LLC raised its position in shares of Toyota Motor by 2.3% during the third quarter. Lodestone Wealth Management LLC now owns 2,590 shares of the company’s stock worth $495,000 after acquiring an additional 57 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

About Toyota Motor

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.