CosmicTaco

Toyota Shares Surge Amid Return-On-Equity Target

CosmicTaco · 2024-12-26T22:19:44.481792+05:30

- U.S. stocks dipped, with Dow Jones down 100 points. Toyota shares soared 7.7% to $195.36 on reports of a 20% return-on-equity target and Nissan-Honda merger news. - Other notable gainers: Exodus Movement (+43.3%), SEALSQ Corp (+38%), KULR Technology (+24.6%), Gevo (+23.1%), Rumble (+23.1%), POET Technologies (+19.8%), Red Cat Holdings (+17.7%), Rigetti Computing (+14.5%), D-Wave Quantum (+9.2%), Kingsoft Cloud (+8.4%), Peloton (+5.7%). - Toyota's revenue growth averages 6.86% annually over five years, with a forward P/E ratio of 9.49, compared to peers' 37.96. Source: [Benzinga](https://www.benzinga.com/24/12/42686714/toyota-motor-sealsq-kulr-technology-and-other-big-stocks-moving-higher-on-thursday), [Benzinga](https://www.benzinga.com/trading-ideas/movers/24/12/42685044/toyota-motor-stock-is-trading-higher-thursday-whats-driving-the-action)

U.S. stocks dipped, with Dow Jones down 100 points. Toyota shares soared 7.7% to $195.36 on reports of a 20% return-on-equity target and Nissan-Honda merger news.
Other notable gainers: Exodus Movement (+43.3%), SEALSQ Corp (+38%), KULR Technology (+24.6%), Gevo (+23.1%), Rumble (+23.1%), POET Technologies (+19.8%), Red Cat Holdings (+17.7%), Rigetti Computing (+14.5%), D-Wave Quantum (+9.2%), Kingsoft Cloud (+8.4%), Peloton (+5.7%).
Toyota's revenue growth averages 6.86% annually over five years, with a forward P/E ratio of 9.49, compared to peers' 37.96.

Source: Benzinga, Benzinga