KEY TAKEAWAYSToyota Motor American depositary receipts (ADRs) fell Thursday even though the automaker posted better-than-expected first-quarter results on a weak yen and strong hybrid vehicle sales.The Japanese company said its Q1 net profit rose 1.7% year-over-year to 1.33 trillion yen ($8.83 billion), while revenue increased 12% to Y11.84 trillion ($78.62 billion). The yen has been rising for weeks, which may weigh on overseas sales. Toyota Motor (TM) American depositary receipts (ADRs) fell Thursday even ...

NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Toyota Motor Corporation ("Toyota" or the "Company") (NYSE: TM) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Toyota investors who were adversely affected by alleged securities fraud between June 23, 2022 and June 2, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/toyota-lawsuit-submission-form ...

PLANO, Texas, July 30, 2024 /PRNewswire/ -- Toyota is excited to announce its return as sponsor of the "2024 HBCU New York Classic," featuring an exhilarating football matchup pitting Morehouse College vs. Howard University on Saturday, September 14th, 2024, beginning at 3:00 p.m. ET at the city's MetLife Stadium. Continuing its long-standing support of Historically Black Colleges and Universities (HBCUs), Toyota champions the spirited competition and rich traditions of HBCU football. As a leading advocate ...

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Toyota Motor Corporation (NYSE: TM). Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/toyota-loss-submission-form-2/?id=92730&from=3 CLASS PERIOD: June 23, 2022 to J ...

Toyota Motor Corporation (TM) is slated to release first-quarter fiscal 2025 results on Aug 1, before market open. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $4.01 per share and $72.48 billion, respectively.For the fiscal first quarter, the consensus estimate for TM’s earnings per share has moved down by $1.30 in the past 90 days. Its bottom-line estimates imply a decline of 43.12% from the year-ago reported number.The Zacks Consensus Estimate for revenu ...

NEW YORK, July 29, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Toyota Motor Corporation (NYSE: TM).Shareholders who purchased shares of TM during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/toyota-loss-submission-form-2/?id=92372&from=4CLASS PERIOD: June 23, 2022 to June 2, 2 ...

AUSTIN, TEXAS - MAY 28: A sign on display at the Toyota of North Austin dealership on May 28, 2024 ... [+] in Austin, Texas. The Japanese automaker, Toyota is planning to develop new engines that will run on carbon-neutral fuels. Toyota continues taking steps in creating multi-pathway approaches in adopting and embracing alternatives to conventional engines powered by fossil fuels. (Photo by Brandon Bell/Getty Images)Getty ImagesToyota Motor Corp stock has gained aboaut 6% this year. In comparison, U.S. riv ...

Company 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]

Legal Investigation and Class Action - Faruqi & Faruqi, LLP is investigating potential claims against Toyota Motor Corporation for alleged false and misleading statements made during the Class Period (June 25, 2022, to June 2, 2024) [1][2] - The lawsuit alleges that Toyota understated its malfeasance related to vehicle certification and legal compliance, leading to materially false statements about its business and operations [2] - Investors who purchased Toyota securities during the Class Period may seek the role of lead plaintiff by August 23, 2024 [1] Allegations and Market Impact - Toyota and other Japanese automakers admitted to mishandling safety tests for dozens of models over the past decade, including improper data collection for pedestrian and occupant safety tests on three models, such as the Yaris Cross SUV [3] - Following the news, Toyota's American Depositary Shares (ADSs) fell by $5.34 per ADS, or 2.45%, closing at $212.17 on June 3, 2024 [3] Lead Plaintiff and Class Action Details - The court-appointed lead plaintiff will be the investor with the largest financial interest in the relief sought by the class, who is adequate and typical of class members [4] - Class members may choose to serve as lead plaintiff through counsel of their choice or remain absent, with no impact on their ability to share in any recovery [4] Additional Information and Contact - Faruqi & Faruqi encourages individuals with information about Toyota's conduct, including whistleblowers and former employees, to contact the firm [5] - Updates on the class action can be followed on LinkedIn, X, or Facebook [5]

NEW YORK, July 26, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Toyota Motor Corporation (“Toyota” or the “Company”) (NYSE: TM). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. The class action concerns whether Toyota and certain of its o ...