Toyota said on Wednesday its worldwide output and sales reached record highs for the first six months of the year, fuelled by strong demand in markets including North America, Japan and China.
Of the car companies that sell autos in the US, four have market shares above 10%.
Here are some of the major companies whose stocks moved on the week's news.
Toyota Motor (TM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The new U.S.-Japan trade deal reduces tariffs on Japanese autos, benefiting Toyota Motor Corporation's high-margin imports and removing a key overhang for the stock. Toyota remains fundamentally strong, leading the industry in gross and net margins, electrified vehicle sales growth, and U.S.-based manufacturing resilience. TM stock is undervalued based on the Graham Number, with a fair value estimate of $251.90, well above current levels, offering a margin of safety.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Toyota Motor Corporation (TM) concluded the recent trading session at $172.14, signifying a +1.1% move from its prior day's close.
Toyota Motor (TM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
While Toyota remains a global automotive powerhouse, the looming July 9th tariff deadline and President Trump's aggressive tariffs threaten Toyota's profit margins, which are already contracting.
Toyota's diversified electrification strategy, especially hybrids, positions it well amid shifting U.S. incentives and rising consumer demand. Recent price increases, partially shielded by U.S. manufacturing, have not dampened Toyota's strong global sales and market share gains. Toyota benefits from Nissan's ongoing struggles, capturing defecting customers and solidifying its No. 2 U.S. market position.
Toyota Motor (TM) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.