|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.41 - 54.41|
|52 Week Range||46.85 - 85.32|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||22.58|
|Forward Dividend & Yield||1.41 (2.60%)|
|Ex-Dividend Date||Mar 30, 2023|
|1y Target Est||N/A|
Denso Corp, Toyota Motor Corp's major supplier, reported a 76% rise in second-quarter operating profit on Friday, missing analysts' estimates. The revision comes after Toyota said last week its annual production plan for 9.7 million vehicles was likely to come in below it due to chips shortage. Toyota's announcement dampened hopes that the chip shortage would ease and allow automakers to increase production in the second half of the financial year to make up for constrained output in the first half.
EVgo Inc. (EVGO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Japan's Nikkei reversed its course to close slightly lower on Friday, as concerns about corporate earnings grew after Toyota supplier Denso cut its outlook, while a firmer yen also weighed on exporters. The stronger yen and Denso's earnings soured the mood, said Jun Morita, general manager of the research department at Chibagin Asset Management. "Since Denso's outlook was negative, we would imagine Toyota's outlook may not be positive," he said.