Toyota Motor (NYSE:TM) Reaches New 52-Week Low – Should You Sell?

Toyota Motor Co. (NYSE:TM) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $158.20 and last traded at $159.01, with a volume of 92804 shares changing hands. The stock had previously closed at $168.07.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on TM shares. StockNews.com raised shares of Toyota Motor from a “sell” rating to a “hold” rating in a research report on Tuesday, January 7th. Macquarie upgraded shares of Toyota Motor from a “neutral” rating to an “outperform” rating in a report on Tuesday, February 4th. Finally, CLSA cut Toyota Motor from an “outperform” rating to a “hold” rating in a research note on Wednesday, February 5th.

Toyota Motor Price Performance

The stock’s 50 day simple moving average is $184.40 and its 200-day simple moving average is $180.82. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.21 and a quick ratio of 1.06. The company has a market capitalization of $213.84 billion, a PE ratio of 6.55, a price-to-earnings-growth ratio of 0.35 and a beta of 0.64.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, February 5th. The company reported $9.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. As a group, equities analysts forecast that Toyota Motor Co. will post 19.76 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Toyota Motor

A number of institutional investors and hedge funds have recently made changes to their positions in TM. Wood Tarver Financial Group LLC acquired a new position in shares of Toyota Motor during the fourth quarter worth $29,000. Modus Advisors LLC purchased a new position in shares of Toyota Motor in the 4th quarter valued at about $31,000. Trust Co. of Vermont raised its position in shares of Toyota Motor by 113.3% during the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company’s stock worth $31,000 after acquiring an additional 85 shares in the last quarter. Parvin Asset Management LLC purchased a new stake in Toyota Motor during the fourth quarter worth approximately $32,000. Finally, Roxbury Financial LLC acquired a new position in Toyota Motor in the fourth quarter valued at approximately $41,000. 1.48% of the stock is owned by institutional investors and hedge funds.

About Toyota Motor

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.