Toyota Motor Corporation (NYSE:TM) Sees Large Decrease in Short Interest

Toyota Motor Corporation (NYSE:TM) saw a significant decrease in short interest during the month of October. As of October 15th, there was short interest totaling 777,300 shares, a decrease of 27.4% from the September 30th total of 1,070,000 shares. Based on an average daily trading volume, of 316,600 shares, the short-interest ratio is currently 2.5 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 316,600 shares, the short-interest ratio is currently 2.5 days.

Toyota Motor Stock Down 0.8%

NYSE TM opened at $204.11 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. Toyota Motor has a 52 week low of $155.00 and a 52 week high of $211.24. The firm has a market capitalization of $275.02 billion, a price-to-earnings ratio of 9.84 and a beta of 0.63. The company has a fifty day moving average of $198.54 and a two-hundred day moving average of $188.62.

Toyota Motor (NYSE:TM) last released its earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.67 by ($0.20). Toyota Motor had a return on equity of 11.63% and a net margin of 8.77%.The firm had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $81.73 billion. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. On average, analysts predict that Toyota Motor will post 19.76 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Brighton Jones LLC lifted its stake in shares of Toyota Motor by 21.8% during the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock worth $517,000 after acquiring an additional 476 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Toyota Motor by 27.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 8,163 shares of the company’s stock worth $1,424,000 after purchasing an additional 1,778 shares during the last quarter. Private Trust Co. NA boosted its stake in shares of Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company’s stock valued at $25,000 after purchasing an additional 82 shares during the period. Mutual Advisors LLC purchased a new position in Toyota Motor in the 1st quarter worth about $289,000. Finally, Wayfinding Financial LLC purchased a new stake in Toyota Motor in the 1st quarter valued at about $41,000. Institutional investors own 1.48% of the company’s stock.

Analyst Ratings Changes

TM has been the topic of several recent research reports. Zacks Research cut Toyota Motor from a “hold” rating to a “strong sell” rating in a report on Monday, October 27th. Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Sanford C. Bernstein upgraded shares of Toyota Motor from a “market perform” rating to an “outperform” rating in a research report on Monday, August 18th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.