Toyota Share Price Drop
Shares of Toyota Motor (NYSE: TM)fell on Thursday after the company reported earnings, on concerns about a scandal in Japan and softening demand in China. In the latest trading session, Toyota Motor Corporation (TM) closed at $178.97, marking a -2.07% move from the previous day. Shares of Toyota Industries slumped as much 13% after Toyota group's 4.7 trillion yen ($33 billion) plan to privatize the former.
Toyota Stock Is Falling. Earnings Held a Big Surprise. By Al Root Updated May 08, 2025, 4:29 pm EDT / Original May 08, 2025, 7:29 am EDT Share.
Toyota Motor Corporation shares dropped by roughly 13% Wednesday after Toyota Group reported a 4.7 trillion yen ($33 billion) deal to take the company private. Nonetheless, Toyota shares at their current price, down significantly from their one-year peak, look attractive. The tariff wars hit the automotive industry, and investors are worried Toyota Motor (NYSE: TM) will be among the casualties.
Shares of Toyota traded down 4% at noon ET Thursday as investors tried. Japan's auto powerhouse, Toyota TM, appears to be attractively valued now. TM is currently trading at a forward price/earnings of 7.6X, lower than the industry 's 8.01X as well as its own 5.
As of 11:30 a.m. ET, Toyota's American depositary shares were down about 5.6% from Wednesday's closing price. Two developments with Toyota Motor (TM +3.33%) weren't greeted with enthusiasm by the stock market Thursday.
Investors exited the stock, to the point where it was trading down by almost 3% in late.