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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 $246.04, up 2.28% from the previous day, and has increased 80.21% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 1.62 percentage points. Toyota Motor stock is currently +85.9% from its 52-week low of $132.35, and -0.2% from its 52-week high of $246.54.

At the moment, there are 13.49B shares of TM outstanding. The market cap of TM is $331.81B. In the last 24 hours, 337,286 TM shares were traded.

How to Buy Toyota Motor Stock

Wondering how to invest in Toyota Motor stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Select your method of payment and add your info.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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:

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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

TM Price
$246.04
1w %
4.7%
1y %
80.21%
5y %
104.45%
P/E
11.12x
P/B
1.53x
P/S
1.14x
PEG
N/A
Revenue
$290.84B
Earnings
$29.94B
Fore. Rev. Growth
0.6%
Fore. Earn. Growth
-2.09%
Market Cap
$331.81B
Next Earnings
N/A
Next Dividend
N/A

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 11.12x, relative to Auto Manufacturers industry P/E ratio of 27.94x
  • TM could be undervalued based on its P/B ratio of 1.53x, relative to Auto Manufacturers industry P/B ratio of 2.45x

You can do additional valuation research on TM's stock here.

TM Financial Health Overview

Positive Financial Indicators:

  • Total TM debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than short-term liabilities on the TM balance sheet.
  • There are more short-term assets than long-term liabilities on the TM balance sheet.
  • TM earnings of $41.19B is not enough to cover its interest payments.
  • TM profit margin has gone up from 6.8% to 10.3% in the past year.

Negative Financial Indicators:

  • TM's operating cash flow of $26.05B allows it to safely service it's debt of $239.30B.
  • TM has a relatively high debt to equity ratio of 1.56.

You can dive deeper into what analysts are forecasting on the Toyota Motor stock forecast page.

TM Technicals

SMA10
235.07
SMA20
228.07
SMA50
205.94
SMA100
194.66
SMA200
179.31
MACD
10.22
MACD Signal
9.62
MACD Histogram
0.6
RSI
83.41
Stochastic %K
93.85
Stochastic %D
93.76
StochRSI %K
71.54
StochRSI %D
63.19

TM Growth Numbers

Last year, TM earnings were $29.94B. During the last five year, TM's earnings have gone up by 14.55% per year. This was slower than the Auto Manufacturers industry average of 123.95%.

Last year, TM revenue was $290.84B. Over the last five year, TM's revenue has increased by 2.44% per year. This was slower than the Auto Manufacturers industry average of 38.68%.

You can research TM's earnings and revenue performance here.

Are TM insiders buying or selling the stock?

Over the past 12 months, insiders at TM have not bought or sold any shares.

Research more about who owns TM shares here.

Can I get consistent income from TM stock?

No, Toyota Motor doesn't provide an income stream by paying out dividends.

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Step 5: Make your TM buy order

You have two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, use a limit order.

Hit the Open Trade button and your broker will execute the order.

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Step 6: Keep tabs on your TM investment

Now that you own some TM shares, you'll want to stay up-to-date on your new company.

Create a watchlist to track the latest developments regarding your TM stock.

TM Feed

How to Buy Stock in Toyota Motor

To summarize, here are the 6 steps to buy stock in Toyota Motor:

  1. Decide where to buy Toyota Motor stock
  2. Sign up for a brokerage account
  3. Fund your investment account
  4. Evaluate Toyota Motor stock
  5. Make your TM buy order
  6. Keep tabs on your TM investment

If you need a brokerage, eToro is our favorite option.

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If you want to get notifications regarding your new investment in Toyota Motor, hit the button below to create your watchlist.

NYSE: TM
$246.04+5.49 (+2.28%)
Updated Mar 1, 2024
Open eToro Account
NYSE: TM
$246.04+5.49 (+2.28%)
Updated Mar 1, 2024
Open eToro Account

FAQ

How much does it cost to buy one Toyota Motor share?

As of Mar 1, 2024, it costs $246.04 to buy one share of Toyota Motor stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.406 shares of TM.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Toyota Motor stock?

One way to place an order for Toyota Motor stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.