In today’s session Toyota Motor Corp (ADR) (TM) registered an unusually high (200) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious TM increase. With 200 contracts traded and 57264 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: TM161021C00125000 closed last at: $0.15 or 25% down. The stock increased 0.06% or $0.07 during the last trading session, hitting $115.33. About 166,113 shares traded hands. Toyota Motor Corp (ADR) (NYSE:TM) has risen 7.80% since March 2, 2016 and is uptrending. It has underperformed by 1.45% the S&P500.
Analysts await Toyota Motor Corp (ADR) (NYSE:TM) to report earnings on November, 3. They expect $2.84 EPS, down 10.13% or $0.32 from last year’s $3.16 per share. TM’s profit will be $4.66B for 10.15 P/E if the $2.84 EPS becomes a reality. After $3.32 actual EPS reported by Toyota Motor Corp (ADR) for the previous quarter, Wall Street now forecasts -14.46% negative EPS growth.
Toyota Motor Corp (ADR) (NYSE:TM) Ratings Coverage
Out of 8 analysts covering Toyota Motor Corporation (NYSE:TM), 0 rate it a “Buy”, 1 “Sell”, while 7 “Hold”. This means 0 are positive. Toyota Motor Corporation has been the topic of 8 analyst reports since August 19, 2015 according to StockzIntelligence Inc. The rating was downgraded by Jefferies to “Hold” on Friday, October 9. UBS downgraded the shares of TM in a report on Friday, May 27 to “Sell” rating. The stock has “Neutral” rating given by JP Morgan on Wednesday, August 19. The firm has “Neutral” rating given on Friday, February 26 by Credit Suisse. On Thursday, August 25 the stock rating was downgraded by Citigroup to “Neutral”. As per Monday, February 8, the company rating was downgraded by Societe Generale. The rating was initiated by Susquehanna with “Neutral” on Tuesday, December 22. As per Wednesday, February 24, the company rating was downgraded by Bank of America.
Toyota Motor Corporation conducts business in the automotive industry. The company has a market cap of $189.04 billion. The Firm also conducts business in finance and other industries. It has a 7.98 P/E ratio. The Company’s divisions include Automotive, Financial Services and All Other.
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