Toyota Motor Corporation (TM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the s ...

Core Insights - Toyota reported its first quarterly operating profit drop in nearly two years, indicating challenges in adapting to the electric vehicle market shift [1][2] - The company experienced a 20% year-on-year decline in operating profit, maintaining a full-year operating profit forecast of 4.3 trillion yen [3] Financial Performance - Revenue for the quarter was 11.44 trillion yen, slightly above the analyst estimate of 11.41 trillion yen [2] - Operating profit was reported at 1.16 trillion yen, below the expected 1.24 trillion yen [2] Industry Context - Toyota has been slower to adopt fully battery-powered electric vehicles, with concerns raised by chairman Akio Toyoda about potential job losses in the automotive industry due to a shift to electric vehicles [2][3] - Toyoda highlighted that 5.5 million people are involved in the automotive industry in Japan, many of whom have long-term roles related to engine work [3] Recalls and Market Impact - The company faced multiple vehicle recalls this year, including a recent recall of 42,000 vehicles due to power brake assist issues [4] - In June, Toyota lost over $15 billion in market value following the discovery of false data used for vehicle certification by Japanese automakers, including Toyota [5]

Toyota Motor Corporation (TM) is slated to release second-quarter fiscal 2025 results on Nov. 6, after market close. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $4.39 per share and $79.78 billion, respectively.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.For the fiscal second quarter, the consensus estimate for TM’s earnings per share has moved down by 46 cents in the past 90 days. Its bottom-line estimates imply a decline of 3 ...

Celebrating Active Lifestyles of All Forms, Toyota Sparks The Imagination of What's Possible at SEMA 2024. LAS VEGAS, Nov. 5, 2024 /PRNewswire/ -- Toyota returns to the Specialty Equipment Market Association (SEMA) Show with a diverse exhibit that celebrates Toyota adventure for every lifestyle. Located in the Central Hall, Booth No. 22200 at the Las Vegas Convention Center, the 2024 display features a stunning array of vehicles. Highlights include several unique specialty builds and a variety of Toyota mod ...

Joby Aviation (NYSE: JOBY ) recently brought out a series of positive press releases related to new investments, future technologies, and signed agreements to expand their global operations, and has made steady progress on its path to bring its aircraft to FAA certification. WhileI have been investing in the stock market since I was 17 years old, and over the 25+ years since I have learned the joy of compounding, the value of dividend reinvesting, and the principle that patient investing through good times ...

Toyota and Honda have at times been called boring: Honda by its own engineers, Toyota more famously by a chairman descended from the company's founder.But while they may not have the luster of, say, European sports cars, these two Japanese brands have enviably high resale values. That means they retain more of their purchase prices than any other brand —and the same is true of their premium brands — Toyota's Lexus, and Honda's luxury Acura brand.It has been this way for years.Toyota has topped Kelley Blue B ...

PLANO, Texas, Nov. 1, 2024 /PRNewswire/ -- Toyota announced today a donation of $80,000 to schools in Arizona and Georgia, providing them with the funds to support the schools' existing music education programs. The benefitting schools include Chandler High School, in Chandler, Ariz., and Fulton County Schools (FCS), Benjamin Banneker High School and Tri-Cities High School in Atlanta, Ga.  Toyota Drives Student Success With $80,000 Donation to Schools in Arizona and Georgia in Support of Music Education ...

When Toyota senses an accident coming, it wants to let AI take the wheel. Shares of Japanese automotive titan Toyota Motor (TM 2.26%) gained 2.6% through 12:25 p.m. ET Monday after Nikkei Asia reported that Toyota is partnering with local telecom Nippon Telegraph and Telephone (NTT) to develop artificial intelligence (AI) software that can predict an imminent accident and take control of a car to stop it. Yes, you read that right. Nikkei Asia just called Toyota an artificial intelligence stock, with all tha ...

The campaign aims to raise awareness of Toyota's all-electric SUVPLANO, Texas, Oct. 28, 2024 /PRNewswire/ -- Toyota unveils its new marketing campaign for the bZ4X, "A Secret Worth Sharing," spreading the word that, yes, Toyota does make an all-electric vehicle.Experience the full interactive Multichannel News Release here: https://www.multivu.com/toyota/9299651-en-toyotas-all-electric-bz4x-a-secret-worth-sharing-campaign The spot “Gas Station” was developed by Saatchi & Saatchi as part of Toyota’s bZ4X ...

The latest trading session saw Toyota Motor Corporation (TM) ending at $170.43, denoting a -0.53% adjustment from its last day's close. This change lagged the S&P 500's 0.22% gain on the day. Meanwhile, the Dow experienced a drop of 0.33%, and the technology-dominated Nasdaq saw an increase of 0.76%.Coming into today, shares of the company had lost 6.97% in the past month. In that same time, the Auto-Tires-Trucks sector lost 11.82%, while the S&P 500 gained 1.47%.The upcoming earnings release of Toyota Moto ...