Aktien in diesem Artikel
Indizes in diesem Artikel
Have you been paying attention to shares of Toyota
Motor (TM)? Shares have been on the move with the stock up 7.9% over the past month. The stock hit a new 52-week high of $186.86 in the previous session. Toyota Motor has gained 20.7% since the start of the year compared to the -1.9% move for the Zacks Auto-Tires-Trucks sector and the 8.5% return for the Zacks Automotive - Foreign industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our earnings consensus estimate in any of the last four quarters. In its last earnings report on August 4, 2021, Toyota Motor Corporation reported EPS of $5.87 versus consensus estimate of $4.68.For the current fiscal year, Toyota Motor Corporation is expected to post earnings of $19.73 per share on $294.87 billion in revenues. This represents a 31.62% change in EPS on a 14.64% change in revenues. For the next fiscal year, the company is expected to earn $21.05 per share on $309.8 billion in revenues. This represents a year-over-year change of 6.71% and 5.06%, respectively.Valuation MetricsToyota Motor Corporation may be at a 52-week high right now, but what might the future hold for the stock? A key aspect of this question is taking a look at valuation metrics in order to determine if the company is due for a pullback from this level.On this front, we can look at the Zacks Style Scores, as these give investors a variety of ways to comb through stocks (beyond looking at the Zacks Rank of a security). These styles are represented by grades running from A to F in the categories of Value, Growth, and Momentum, while there is a combined VGM Score as well. Investors should consider the style scores a valuable tool that can help you to pick the most appropriate Zacks Rank stocks based on their individual investment style.Toyota Motor Corporation has a Value Score of A. The stock's Growth and Momentum Scores are B and F, respectively, giving the company a VGM Score of A.In terms of its value breakdown, the stock currently trades at 9.5X current fiscal year EPS estimates. On a trailing cash flow basis, the stock currently trades at 7.1X versus its peer group's average of 6.8X. Additionally, the stock has a PEG ratio of 0.42. This isn't enough to put the company in the top echelon of all stocks we cover from a value perspective.Zacks RankWe also need to look at the Zacks Rank for the stock, as this supersedes any trend on the style score front. Fortunately, Toyota Motor Corporation currently has a Zacks Rank of #2 (Buy) thanks to rising earnings estimates.Since we recommend that investors select stocks carrying Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, it looks as if Toyota Motor Corporation passes the test. Thus, it seems as though Toyota Motor Corporation shares could have potential in the weeks and months to come.5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.Today, See These 5 Potential Home Runs >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Toyota Motor Corporation (TM): Free Stock Analysis Report To read this article on Zacks.com click here.Weiter zum vollständigen Artikel bei "Zacks"