Toyota(US:TM) ZACKS·2024-07-26 22:56Company Performance - Toyota Motor Corporation's stock closed at $192.52, reflecting a -1.4% change from the previous day, underperforming the S&P 500's gain of 1.11% [1] - The stock has decreased by 4.23% over the past month, contrasting with the Auto-Tires-Trucks sector's gain of 5.19% and the S&P 500's loss of 1.16% [1] - The upcoming earnings report is expected to show an EPS of $4.01, a significant decline of 43.12% year-over-year, with revenue projected at $72.48 billion, down 5.69% from the same quarter last year [1] Earnings Estimates - For the full year, earnings are projected at $21.61 per share, representing a -14.75% change from the prior year, while revenue is expected to be $319.48 billion, indicating a +2.37% increase [2] - Recent adjustments to analyst estimates for Toyota Motor Corporation may indicate changing business trends, with positive revisions suggesting analysts' confidence in the company's performance [2] Valuation Metrics - Toyota Motor Corporation has a Forward P/E ratio of 9.03, which is higher than the industry average of 6.53, indicating a premium valuation [3] - The company has a PEG ratio of 0.34, compared to the Automotive - Foreign industry's average PEG ratio of 0.74, suggesting a favorable growth outlook relative to its valuation [3] Industry Context - The Automotive - Foreign industry is ranked 175 in the Zacks Industry Rank, placing it in the bottom 31% of over 250 industries [4] - The Zacks Industry Rank is based on the average Zacks Rank of individual stocks, with top-rated industries historically outperforming lower-rated ones by a factor of 2 to 1 [4]