Toyota Motor Corp (TM): Today's Featured Automotive Winner
(
) pushed the Automotive industry higher today making it today's featured automotive winner. The industry as a whole closed the day up 5%. By the end of trading, Toyota Motor rose $1.52 (2.4%) to $65.91 on heavy volume. Throughout the day, 821,759 shares of Toyota Motor exchanged hands as compared to its average daily volume of 539,700 shares. The stock ranged in a price between $65.47-$66.38 after having opened the day at $65.60 as compared to the previous trading day's close of $64.39. Other companies within the Automotive industry that increased today were:
(
), up 19.1%,
(
), up 12.6%,
(
), up 11.8%, and
(
), up 11.4%.
Toyota Motor Corporation engages in the design, manufacture, assembly, and sale of passenger cars, minivans, and commercial vehicles. Toyota Motor has a market cap of $97.38 billion and is part of the
sector. The company has a P/E ratio of 20.4, below the average automotive industry P/E ratio of 40.3 and above the S&P 500 P/E ratio of 17.7. Shares are down 18.1% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Toyota as a
. The company's strengths can be seen in multiple areas, such as its revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and weak operating cash flow.
- You can view the full Toyota Ratings Report.
- Use our automotive section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the automotive industry could consider
Consumer Discretionary Sel Sec SPDR
(
) while those bearish on the automotive industry could consider
ProShares Ultra Sht Consumer Goods
(
).
- Find other investment ideas from our top rated ETFs lists.
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