Toyota’s Stock Rose 5% Last Week: What Should You Know?

Toyota Motors’ stock (NYSE: TM) has risen 5.4% over the last 5 trading days, as it reported earnings for Q3 FY 2021 (ended December 2020) last week. For Q3 FY 2021 (ended December 2020) Toyota reported revenues at ¥8150 billion, up 7% y-o-y and earnings at ¥299.97 per share compared to ¥200.79 in the same period of the previous year.

Positive results for Q3 FY 2021 were responsible for a 5.4% rise in Toyota’s stock in a week. In comparison, the broader S&P 500 rose by 1.5% over the last 5 trading days. Now, is Toyota’s stock poised to grow? We believe that there is a 56% chance of a rise in Toyota’s stock over the next month (21 trading days) based on our machine learning analysis of trends in the stock price over the last 5 years. See our analysis on Toyota Stock Chances Of Rise for more details.

5D: TM 5.4%, vs. S&P500 1.5%; Outperformed market

(4% likelihood event)

• Toyota Motor stock rose 5.4% over a five day trading period ending 2/15/2021, compared to a broader market (S&P 500) rise of 1.5%
• A change of 5.4% or more over five trading days is a 4% likelihood event, which has occurred 44 times out of 1256 in the last five years

10D: TM 13%, vs. S&P500 6.2%; Outperformed market

(17% likelihood event)

• Toyota Motor stock rose 13% the last ten trading days (two weeks), compared to a broader market (S&P 500) rise of 6.2%
• A change of 13% or more over ten trading days is a 17% likelihood event, which has occurred 222 times out of 1240 in the last five years

21D: TM 5.5%, vs. S&P500 3.6%; Outperformed market

(11% likelihood event)

• Toyota Motor stock rose 5.5% the last twenty-one trading days (one month), compared to broader market (S&P 500) rise of 3.6%
• A change of 5.5% or more over twenty-one trading days is a 11% likelihood event, which has occurred 132 times out of 1198 in the last five years

While Toyota’s stock may have moved, 2020 has created many pricing discontinuities which can offer attractive trading opportunities. For example, you’ll be surprised how the stock valuation for Cooper Tire & Rubber vs. Consolidated Edison shows a disconnect with their relative operational growth. You can find many such discontinuous pairs here.