Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Toyota Motor Corporation (TM) .Toyota Motor currently has an average broke ...

Toyota Motor Corporation (TM) is slated to release fourth-quarter fiscal 2024 results on May 8, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.91 per share and $67.21 billion, respectively.For the fiscal fourth quarter, the consensus estimate for TM’s earnings per share has moved down by 58 cents in the past 90 days. Its bottom-line estimates imply a decline of 5.21% from the year-ago reported number.The Zacks Consensus Estimate fo ...

Research project seeks to utilize a new process for recovering critical battery materialsProcess can be used on end-of-life automotive batteries as well as manufacturing scrapANN ARBOR, Mich., April 30, 2024 /PRNewswire/ -- Toyota Motor North America ('Toyota') announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy's Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are ...

CARSON, Calif., April 30, 2024 /PRNewswire/ -- California State University, Dominguez Hills (CSUDH) and Toyota Motor North America (TMNA) today launched a multipronged program focused on transportation equity for the university and its surrounding communities based on the idea of "Mobility for All."  CSU Dominguez Hills and Toyota Join Forces to Improve Mobility for Underserved Communities "Knowledge is a catalyst for progress, and collaboration with industry partners is essential for advancing academic ...

Good news – you don’t have to dump your Tesla (NASDAQ:TSLA) stock and other electric vehicle stocks to be prepared for what’s coming. Electric cars are crucial, but hybrid electric vehicles are also gaining traction. Toyota Motor (NYSE:TM) is among the vanguard, so you’ll definitely want to add some Toyota stock to your holdings.If you’re not aware of this ongoing shift in the EV market, it’s time to make some changes to your investment strategy. Here’s an eye-opening prediction: JPMorgan analyst Akira Kish ...

$1.4 billion investment in Indiana plant brings production of an all-new BEVToyota adds up to 340 new, sustainable U.S. jobsPRINCETON, Ind., April 25, 2024 /PRNewswire/ -- Toyota will prepare for assembly of an all-new, three row battery electric SUV in the U.S. as part of a new $1.4 billion investment in its Princeton facility, affirming Toyota's commitment to reinvesting profits in its U.S. operations and bringing total investment in Toyota Indiana to $8 billion. This also brings the addition of up to 340 ...

Toyota Motor Corporation (TM) closed the latest trading day at $232.88, indicating a +1.07% change from the previous session's end. The stock exceeded the S&P 500, which registered a gain of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Shares of the company witnessed a loss of 9.19% over the previous month, beating the performance of the Auto-Tires-Trucks sector with its loss of 10.7% and underperforming the S&P 500's loss of 3.01%.Investors ...

Partnership includes extension of NASCAR CRAFTSMAN Truck Series Toyota 200 Truck Series Entitlement MADISON, Ill., April 24, 2024 /PRNewswire/ -- Toyota cars and trucks will lead the fields at the upcoming NASCAR race weekend at World Wide Technology Raceway (WWTR), signaling the first-ever automotive manufacturer partnership for the 700-acre multi-purpose racing facility. WWTR also announced that Toyota has renewed their race entitlement for the NASCAR CRAFTSMAN Truck Series Toyota 200, scheduled for June ...

Toyota Motor Corporation (TM) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this company have returned -8.8%, compared to the Zacks S&P 500 composite's -4.2% change. During this period, the Zacks Automotive - Foreign industry, which Toyota Motor falls in, has lost 11.4%. The key question now is: What could be the stock's future direction?Although ...

Tesla (NASDAQ:TSLA) began a “voluntary programme” for employee reduction in Germany, hoping to reduce its workforce there by 400. It’s just the latest bad news for the company, which reports earnings after the bell today, April 23. Analysts will be listening closely to the conference call, hoping CEO Elon Musk can turn things around. TSLA stock fell 3.5% on April 22 but rebounded slightly before the market opened this morning. It was trading at about $142.50, a market capitalization of about $453 billion.Sa ...