Toyota Motor Corp Ltd Ord (NYSE:TM) Receiving Somewhat Positive Press Coverage, Accern Reports
News headlines about Toyota Motor Corp Ltd Ord (NYSE:TM) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Toyota Motor Corp Ltd Ord earned a news impact score of 0.08 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.879430780936 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern’s scoring:
- U.S. asks judge to dismiss Toyota acceleration case as monitoring ends (feeds.reuters.com)
- Junkyard Gem: 1979 Toyota Cressida Sedan (finance.yahoo.com)
- Key Takeaways From Toyota’s Q1 (finance.yahoo.com)
- Featured Company News – Toyota and Mazda Collaborate for Capital, New Technologies, and Business Expansion (finance.yahoo.com)
- Nikkei rises on boost from Toyota, yen slide; Topix hits 2-year high (finance.yahoo.com)
Toyota Motor Corp Ltd Ord (TM) traded down 0.98% during mid-day trading on Wednesday, hitting $113.10. The company had a trading volume of 111,954 shares. The company has a 50-day moving average price of $108.59 and a 200 day moving average price of $110.11. Toyota Motor Corp Ltd Ord has a 52-week low of $103.62 and a 52-week high of $123.18. The company has a market capitalization of $168.22 billion, a P/E ratio of 10.42 and a beta of 0.62.
Toyota Motor Corp Ltd Ord (NYSE:TM) last posted its quarterly earnings results on Wednesday, May 10th. The company reported $2.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $119.46 by $117.14. The company had revenue of $7,442.47 billion during the quarter, compared to analyst estimates of $6,993.26 billion. Toyota Motor Corp Ltd Ord had a net margin of 6.74% and a return on equity of 10.39%. Toyota Motor Corp Ltd Ord’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business earned $38.38 EPS. On average, analysts forecast that Toyota Motor Corp Ltd Ord will post $10.61 EPS for the current fiscal year.
Several analysts have recently weighed in on the company. Jefferies Group LLC set a $116.00 target price on Toyota Motor Corp Ltd Ord and gave the stock a “hold” rating in a research report on Saturday, June 10th. BidaskClub upgraded Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a research report on Monday, July 31st. Zacks Investment Research upgraded Toyota Motor Corp Ltd Ord from a “hold” rating to a “buy” rating and set a $121.00 target price for the company in a research report on Thursday, July 13th. Daiwa Capital Markets downgraded Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 28th. Finally, Bank of America Corporation downgraded Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 target price for the company. in a research report on Tuesday, July 11th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $115.07.
About Toyota Motor Corp Ltd Ord
Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments 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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