Today Toyota Motor Corporation (TM) Stock Reaches 52-Week High

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The stock of Toyota Motor Corporation (NYSE:TM) hit a new 52-week high and has $143.49 target or 5.00 % above today’s $136.66 share price. The 7 months bullish chart indicates low risk for the $194.40 billion company. The 1-year high was reported on Sep, 13 by If the $143.49 price target is reached, the company will be worth $9.72 billion more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 0.64% or $0.87 during the last trading session, reaching $136.66. About 191,428 shares traded or 39.15% up from the average. Toyota Motor Corporation (NYSE:TM) has declined 4.39% since September 13, 2018 and is downtrending. It has underperformed by 4.39% the S&P500.

Analysts await Toyota Motor Corporation (NYSE:TM) to report earnings on November, 5. They expect $3.45 EPS, down 3.90 % or $0.14 from last year’s $3.59 per share. TM’s profit will be $4.91 billion for 9.90 P/E if the $3.45 EPS becomes a reality. After $4.32 actual EPS reported by Toyota Motor Corporation for the previous quarter, Wall Street now forecasts -20.14 % negative EPS growth.

More notable recent Toyota Motor Corporation (NYSE:TM) news were published by: which released: “Is Tesla’s New Insurance a Game Changer for TSLA Stock? – Yahoo Finance” on September 04, 2019, also with their article: “Ford’s electrifying truck plans – Seeking Alpha” published on September 13, 2019, published: “Toyota and Suzuki strengthen ties – Seeking Alpha” on August 28, 2019. More interesting news about Toyota Motor Corporation (NYSE:TM) were released by: and their article: “Stocks To Watch: Planes, Trains And Automobiles – Seeking Alpha” published on August 31, 2019 as well as‘s news article titled: “Magic Eight Ball Looks At Upcoming Fed Decision – The Policy Market – Seeking Alpha” with publication date: September 06, 2019.

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. The company has market cap of $194.40 billion. The firm operates through Automotive, Financial Services, and All Other divisions. It has a 8.36 P/E ratio. It offers hybrid cars under the Prius, Voxy/Noah, NX300h, RC300h, Esquire, Alphard, Vellfire, Sienta, RX-HV, Auris, C-HR, and LC names; fuel cell passenger vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla sedan, Yaris, Vitz, Aygo, Corolla Axio/Fielder, Porte, Spade, Auris, Etios, Vios, AGYA, and Yaris iA brand names.

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