For its first fiscal quarter (ending June 30), Toyota Motor Corp (NYSE: TM) has reported E.P.S. of $6.15 compared to $6.69 a year ago. For the latest four quarters through June 30, E.P.S. were $23.65 versus $16.24 for the same period a year ago.
Recent Price Action
Toyota Motor Corp (NYSE: TM) stock closed at $179.07 on 8/1/24 after a large decline of -7.5%. Moreover, this decline was accompanied by exceptionally high trading volume at 275% of normal. The stock has declined -9.2% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
TM’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
Toyota Motor has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Toyota Motor has a neutral Power Rating of 55 but a very high Appreciation Score of 90, triggering the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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