Toyota Motor Corp (NYSE: TM) has reported earnings for its second fiscal quarter (ending September 30) of $3.77 versus $6.11 for the same period a year ago — a decline of -38%. E.P.S. were $21.31 for the latest four quarters through September 30 versus $20.40 for the same period a year ago — an increase of 4%.
Recent Price Action
Toyota Motor Corp (NYSE: TM) stock closed at $175.15 on 11/6/24 after a slight gain of 0.2%. Moreover, this advance was accompanied by unusually high trading volume at 169% of normal. The stock is unchanged during the last week and has been weak 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 C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Toyota Motor has a very high Appreciation Score of 92 but a poor Power Rating of 19, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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