Is it smart to invest in Toyota stock? (2024)

Is it smart to invest in Toyota stock?

When paired with a high Zacks

Rank, "A" grades in the Value category are among the strongest value stocks on the market today. One company to watch right now is Toyota Motor (TM). TM is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. TM is also sporting a PEG ratio of 0.47.

Is Toyota stock a good buy right now?

Toyota Motor Corp Ltd Ord's analyst rating consensus is a Moderate Buy. This is based on the ratings of 3 Wall Streets Analysts.

Is Toyota a buy hold or sell?

Toyota Motor currently has an average brokerage recommendation (ABR) of 2.00, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by six brokerage firms. An ABR of 2.00 indicates Buy.

Why should you invest in Toyota?

Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason for the stock to soar in the near term. Therefore, the Buy-equivalent ABR for Toyota Motor Corporation may serve as a useful guide for investors.

Is Toyota stock overpriced?

TM's P/CF has been as high as 7.40 and as low as 5.27, with a median of 5.95, all within the past year. These are just a handful of the figures considered in Toyota Motor's great Value grade. Still, they help show that the stock is likely being undervalued at the moment.

Is Toyota a good long term investment?

Valuation metrics show that Toyota Motor Corporation may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of TM, demonstrate its potential to outperform the market.

What car company is the best invest in right now?

Investors looking to put their money in the automotive sector can buy stocks like General Motors Company (NYSE:GM), Tesla, Inc. (NASDAQ:TSLA), and Ford Motor Company (NYSE:F).

Is Toyota a good dividend stock?

How does TM dividend yield compare to the market? Notable Dividend: TM's dividend (1.81%) is higher than the bottom 25% of dividend payers in the US market (1.58%). High Dividend: TM's dividend (1.81%) is low compared to the top 25% of dividend payers in the US market (4.88%).

Is Toyota financially stable?

Low Leverage, Strong Liquidity: Toyota's auto operations have consistently shown strong liquidity and a net cash position. Toyota's auto business reported JPY5. 5 trillion in cash and cash equivalents at the end-March 2023, which is greater than the auto business's debt of JPY2. 7 trillion.

Will Toyota stock go up?

What's the Toyota Motor Corporation stock price prediction for tomorrow? The Toyota Motor Corporation stock price prediction for tomorrow is $ 244.02, based on the current market trends. According to the prediction, the price of TM stock will increase by 0.25% in the next day.

Why is Toyota so profitable?

31, the Toyota group sold 8.56 million cars globally, up 8.6 percent from a year earlier. Thanks to the high demand for hybrid vehicles, sales increased across all major markets, such as Japan, North America, and Europe. "Sales of hybrid cars are on the rise in all the regional segments," Miyazaki said.

What is Toyota stock forecast for 2025?

Based on our forecasts, a long-term increase is expected, the "7203" stock price prognosis for 2025-06-16 is 8111.548 USD. With a 5-year investment, the revenue is expected to be around +16.81%. Your current $100 investment may be up to $116.81 in 2029. Get It Now!

Why is Toyota stock higher than Ford?

The lack of overpromising might be why Toyota shares trade for about 10 times estimated 2024 earnings while Ford trades for less than 7 times, and GM shares trade for less than 5 times. Another reason for the valuation difference is simply geography. Japanese investors pay more for car stocks.

Is Toyota losing its quality?

The issue has contributed to manufacturers such as Toyota dropping in quality to be on par with brands such as Alfa Romeo and Dodge. The decline has been attributed to the introduction of new features and updated technology in all vehicles.

How much is Toyota in debt?

Total debt on the balance sheet as of December 2023 : $240.93 B. According to Toyota's latest financial reports the company's total debt is $240.93 B. A company's total debt is the sum of all current and non-current debts.

Who has the most shares in Toyota?

Toyota Motor Stock Ownership FAQ

Who owns Toyota Motor? Toyota Motor (NYSE: TM) is owned by 0.15% institutional shareholders, 0.00% Toyota Motor insiders, and 99.85% retail investors. Fisher Asset Management LLC is the largest individual Toyota Motor shareholder, owning 6.21M shares representing 0.05% of the company.

Will a Toyota last 20 years?

But, typically how long do Toyotas last? Well, they typically last 10-15 years and 150,000-200,000 miles. It does vary from car to car though. Some people remember that their car can last 20 years and have 500,000 miles on it!

Can Toyota last 500000 miles?

In fact, Toyota reliability ranks among the highest among automotive brands. How long do Toyotas last? The average lifespan for a Toyota vehicle is 200,000-250,000 miles. With proper care and maintenance, some Toyota models can last as long as 500,000 miles.

What is the most successful stock to invest in?

What are good cheap stocks to invest in?

What is the richest car company right now?

Not only has Tesla succeeded in becoming the most valuable automaker in the world, but it also holds the status as one of the world's most valuable companies. Tesla CEO Elon Musk has become the world's second-richest person as a result of his holdings in Tesla and other innovative, forward-thinking companies.

How many times has Toyota stock split?

Toyota stock (symbol: TM) underwent a total of 10 stock splits. The most recent stock split occured on June 25th, 1991.

Which car company pays the highest dividend?

What is the dividend for Toyota in 2024?

TOYOTA MOTOR CORP To Go Ex-Dividend On March 28th, 2024 With 0.308 USD Dividend Per Share. February 8th - $TOYOTA MOTOR CORP (TOYOF.US)$ is trading ex-dividend on March 28th, 2024. Shareholders of record on March 31st, 2024 will receive 0.308 USD dividend per share on May 27th, 2024.

Is Toyota debt free?

Toyota Motor's net debt is 3.3 times its EBITDA, which is a significant but still reasonable amount of leverage. However, its interest coverage of 1k is very high, suggesting that the interest expense on the debt is currently quite low.