Toyota Motor (NYSE:TM) Projects Higher Sales in 2013 on Demand for New Models

Toyota Motor Corporation’s (ADR) (NYSE:TM), headed for its best United States sales in 4 years, United States sales chief reported that it will moved up throughout 2013 on demand for Prius hybrids and overhauled models comprising a new RAV4 sport-utility vehicle.

President of Toyota’s United States sales business Jim Lentz reported in an interview Oct 30 that a full year of the overhauled Avalon sedan that goes on sale in December, the Lexus ES sedan and the 4 model Prius lineup added current year, and new RAV4 and Corolla models due in 2013 will raise deliveries.

Japan’s biggest automaker reported that U.S. sales of Toyota, Lexus and Scion models moved up 32% current year through September, over double the industry wide 14.5% boost.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. Ford Motor Company (NYSE:F) rose +8.24% to settle at $11.16, Honda Motor Co Ltd (ADR) (NYSE:HMC) moved down -4.50% to end at 30.16 while Tesla Motors Inc (NASDAQ:TSLA) jumped +2.74% to finish at $28.13 on Wednesday.

Toyota Motor Corporation (ADR) (NYSE:TM) last session’s volume of 291,066 shares was surprisingly lower than its average volume of 374,829 shares. The stock after opening at $76.96 hit high price of $77.75 and then closed at $77.47 by scoring +0.14%.

The liquidity measure in recent quarter results of the company was recorded 1.05 as current ratio and on the other side the debt to equity ratio was 1.12 and long-term debt to equity ratio remained at 0.55. The Company had total cash of $38.86 billion at hand and a book value per share as $84.35 in the most recent quarter.

The stock’s price volatility was 0.91 % for a week and 0.84% for a month as well as price volatility’s Average True Range for 14 days was 1.19 and its beta remained at 0.73.

TM generated revenue of $259.25 billion in the previous twelve months and earned $7.19 billion. The Company showed a positive 2.22% in the net profit margin as well as in its operating margin which remained at 3.96%. Company’s annual sales growth for the past five years was -4.95%.

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