How to Buy Toyota Motor Stock
Toyota Motor Corp
Toyota Motor is a auto company located in Japan, which is part of the Consumer Cyclical sector, and is traded under the ticker TM on the NYSE exchange.
Toyota Motor stock last closed at $208.93, down 0.09% from the previous day, and has increased 8.18% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.71 percentage points. Toyota Motor stock is currently +34.79% from its 52-week low of $155.00, and -16.06% from its 52-week high of $248.90.
At the moment, there are 13.03B shares of TM outstanding. The market cap of TM is $272.31B. In the last 24 hours, 219,000 TM shares were traded.
How to Buy Toyota Motor Stock
Wondering how to invest in Toyota Motor stock? Here's how.
- Decide where to buy Toyota Motor stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Toyota Motor stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your investment account: Select your method of payment and add your info.
- Evaluate Toyota Motor stock: The Toyota Motor ticker symbol is TM. Is Toyota Motor stock a good investment? Should you buy shares of TM? How do TM's underlying business fundamentals look? Do top analysts think Toyota Motor is a good buy? Why has TM's stock price moved recently? (Hint: Our stock market research website can help you figure out if TM is a good stock to buy).
- Make your TM buy order: Decide if you will purchase TM shares at the current market price or use a limit order to buy TM shares at a particular price.
- Keep tabs on your TM investment: Create a watchlist to track your position in Toyota Motor shares.
Step 1: Decide where to buy Toyota Motor stock
You will need a brokerage account in order to access the NYSE market and buy TM shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in TM today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have finished signing up on the best stock trading app, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of depositing money into your investment account.
Step 4: Evaluate Toyota Motor stock
Once you have selected the best place to buy Toyota Motor stock, it's very important to evaluate their stock prior to investing, so you truly wrap your head around the risk as well as the upside.
Toyota Motor shares data
Toyota Motor Due Diligence Checks
WallStreetZen was built to help average investors perform better fundamental analysis in less time.
You can see all of the due diligence checks on TM's stock page.
What is the fair value of TM stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge TM's intrinsic value.
Using relative valuations measures:
- TM may be undervalued based on its P/E ratio of 11.26x, relative to Auto Manufacturers industry P/E ratio of 232.31x
- TM could be undervalued based on its P/B ratio of 1.07x, relative to Auto Manufacturers industry P/B ratio of 3.39x
- TM may be overvalued based on its PEG ratio of 1.94x
You can access more valuation research on TM's stock here.
TM Financial Health Summary
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the TM balance sheet.
- There are more short-term assets than short-term liabilities on the TM balance sheet.
- Total TM debt is lower than 5 years ago, relative to shareholder equity.
- TM earnings of $33.33B is not enough to cover its interest payments.
Negative Financial Indicators:
- TM profit margin has gone down from 10.9% to 7.3% in the past year.
- TM has a relatively high debt to equity ratio of 1.6.
- TM's operating cash flow of $30.31B allows it to safely service it's debt of $298.71B.
Metrics for Advanced TM Traders
Is TM Growing Revenue?
Last year, TM earnings were $24.12B. Over the last five year, TM's earnings have gone up by 7.95% per year. This was slower than the Auto Manufacturers industry average of 26.79%.
Last year, TM revenue was $329.31B. Over the last five year, TM's revenue has increased by 4.88% per year. This was slower than the Auto Manufacturers industry average of 23.78%.
You can analyze TM's earnings and revenue performance here.
Are TM executives and large shareholders buying or selling the stock?
In the last 12 months, insiders at TM have not bought or sold any shares.
Learn more about who owns TM stock here.
Can I get consistent income from TM stock?
No, Toyota Motor doesn't provide an income stream by paying out dividends.
What do other investors have to say about TM?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Make your TM buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount limit, use a limit order.
Hit the Open button and your broker will execute your order.
If you want additional info about buying stocks on eToro, click the helpful video below:
Step 6: Keep tabs on your TM investment
Now that you own some shares in TM, you'll want to stay up-to-date on your new stock purchase.
Add TM to a watchlist to keep tabs on your TM stock.
TM Feed
How to Buy Stock in Toyota Motor
To reiterate, here are the 6 steps to buy stock in Toyota Motor:
- Decide where to buy Toyota Motor stock
- Sign up for a brokerage account
- Fund your investment account
- Evaluate Toyota Motor stock
- Make your TM buy order
- Keep tabs on your TM investment
If you require a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Toyota Motor, click below.
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