|Bid||124.84 x 800|
|Ask||124.86 x 3100|
|Day's Range||124.78 - 125.20|
|52 Week Range||111.12 - 135.57|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||7.63|
|Forward Dividend & Yield||3.52 (2.80%)|
|1y Target Est||145.03|
Akio Toyoda over the years has professed his love for speed and racing, which is noteworthy because Toyota, the company Toyoda helms, has for many years been most known for making beige and boring automobiles. If you're still in doubts of Toyoda's latest efforts and claims, what he's about to do may just change your mind. Coming up this weekend is the world-renowned annual ADAC 24 Hours of Nürburgring and of course, Toyota's Gazoo Racing team will be participating, particularly with racing specification GR Supras.
Woe to those who left Snap Inc (NYSE:SNAP) for dead. After almost two years of an extended trend downward, SNAP stock has revitalized itself and turned a corner.Source: Shutterstock There was a time when investors who were long SNAP stock were embarrassed to discuss this holding publicly, as so much disdain was held for this particular tech stock. There were a series of missteps in the early days that led to SNAP stock price plummeting shortly after its IPO pop. User growth deceleration, a voting structure that was very unfriendly to shareholders, issues with its Android app, and subsequent executive departures all contributed to SNAP stock price dropping more than 50% and trading down to $5 a share. * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 But those same owners of Snapchat stock are the ones standing tall now. SNAP stock price is up over 165% this year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe shares have been on a huge run, rivaling the performance of recent IPOs. With a number of new services including Snap Games and original premium content directed specifically at mobile-device users, it looks like the best is yet to come for Snapchat stock. Where SNAP Is NowWith 190 million Daily Active Users (DAUs), it would be a mistake to dismiss SNAP as a fad. The user base skews quite young, but that highly targeted audience is the proverbial nectar for the bees that are advertisers.Snapchat reaches 90% of all 13-24 year-olds and 75% of all 13-34 year-olds in the U.S.Even though SNAP has a disadvantage to the likes of Facebook, Inc. (NASDAQ: FB) in terms of advertising capabilities, that has changed markedly with the improvement of its interface and incremental technological upgrades.SNAP has successfully upgraded and enhanced its Ads Manager to make it more friendly to marketers. Features like target- cost bidding, bulk uploading capabilities, bulk editing and cloning, and the expansion of location categories to the U.K., Canada, and France are all major steps that will ultimately improve its top line. Additionally, its Reach & Frequency product now allows for one-day ad buys (the previous minimum was three) and has similarly undergone geographic expansion.These are all extremely positive signs.An example from SNAP's first-quarter earnings conference call shows that the company is attracting huge advertisers:"Toyota Motor Corp (NYSE:TM) ran a sophisticated campaign across our various video and AR products to promote the Corolla Hatchback among Millennials. Snapchatters engaged with the ads, watching more than 90% of their Commercials on average, and playing with their Lenses for more than 10 seconds each on average." SNAP's New Products Will Drive MonetizationThere is a lot of potential in the new slate of Snap Originals, the company's premium, mobile shows created exclusively for Snapchat's audience. SNAP now offers more than 450 premium content channels worldwide and in the first quarter, launched over 50 new Shows and Publisher Stories in international markets.The premium content and Snap Games will continue to bring users back to the platform, increasing their stickiness and making SNAP more than just a camera-centric company. More importantly, new products mean new monetization opportunities e.g., video advertising. The Bottom Line on SNAP StockA lot of people, especially those over 30, are still inclined to dismiss SNAP as a fad for youngsters. However, there are pockets of value within a company that has worked through a lot of its initial missteps.There is so much room to monetize SNAP's captive and targeted user base, and it looks like the company is finally showing signs of doing so by improving both the product side and the advertising platform. Those trends will definitely be positive for SNAP stock.As of this writing, the author did not own shares of any of the stocks named. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 7 Best Dow Jones Stocks to Buy for the Rest of 2019 * 5 Boring Stocks to Buy This Summer * 7 S&P 500 Stocks to Buy With Little Debt and Lots of Profits Compare Brokers The post The Best Is Yet to Come for Snap Stock appeared first on InvestorPlace.
With the market-wide adoption of the electronic parking brake, manual handbrakes have largely become part of history, as well. Toyota recently revived the handbrake, however, in an unexpected custom car built to drift – or, more accurately, slide. Toyota team member and paralympic track and field athlete Jarryd Wallace wanted to create a surprise experience for his dad Jeff Wallace for Father's Day.
Lexus is back at it with innovative lighting technology. The BladeScan module inside the Lexus lights holds the number of LEDs down to 10 on each side of the RX, which Lexus says is a more cost-effective solution. In fact, BladeScan uses fewer LEDs than Lexus' most recent adaptive high-beam system, which has 24 LEDs on each side.
Two automakers could strengthen their partnership with a revamped vehicle, according to a new report.
In this week's Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Senior Editor Alex Kierstein and Senior Editor, Green, John Snyder. This week, they talk about driving the BMW 8 Series Coupe, Jeep Wrangler Rubicon and Toyota Corolla Hatchback.
Japan's Best Car magazine has what appears to be a whopper of a rumor. The mag said it scooped Mazda's development of a straight-six engine that Mazda only revealed in March, the carmaker having buried the information in a financial statement. The first appearance for the straight-six, predicted to come in at a hair under 3.0 liters, is the Mazda Atenza/Mazda6 successor coming around 2022.
Navistar (NAV) to invest $125 million in new manufacturing facilities at its Huntsville, AL-based engine plant. Ford's (F) recall worry continues.
The IIHS has finally crash tested the 2020 Toyota Corolla sedan, and it has earned the organization's second highest commendation of Top Safety Pick. It matches the hatchback that was tested earlier, meaning all versions of the Corolla have this high safety rating. Getting the car to the Top Safety Pick rating are excellent crash test results.
One of the masterminds behind the breakthrough of electric vehicles, Wan Gang is now focusing on the penetration of fuel cell vehicles in China
Hong Kong’s Hang Seng Index, which has been under severe pressure this quarter, was the best performing Asian index on June 19 with 2.56% gains. The index recorded its third consecutive gain.
Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis. Failure to do so would be a setback for Prince Mohammed, coming after the listing of oil giant Saudi Aramco was shelved and the killing of journalist Jamal Khashoggi tarnished the kingdom's image. "Nobody would say 'No, full stop' ... but they politely conveyed they're not interested," said an industry source familiar with the Toyota talks.
Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis. Securing a deal with a major automaker by 2020 for a car plant is a key target in the Gulf state's national industrial strategy, part of a broader agenda to diversify the economy of the world's largest oil exporter. Failure to do so would be a setback for Prince Mohammed, coming after the listing of oil giant Saudi Aramco was shelved and the killing of journalist Jamal Khashoggi tarnished the kingdom's image.
"The types of developments our clients are looking for, Aureum fits that to a tee," says developer with a client roster including J.P. Morgan, Liberty Mutual, Toyota, State Farm and defense contractor Raytheon.
Lexus has updated its GX 460 SUV for 2020. The GX 460 is one of the longer-running SUV models on the market, as it was originally unveiled around a decade ago and it's still based on the sturdy Toyota Land Cruiser Prado, which is a touch more compact than the U.S. market Land Cruiser. The refresh gives the model some new touches to keep it in line with other current Lexus products, including a more contemporary spindle grille and new headlights, but it's restyled along the same moderate lines as the previous updates the GX 460 has received during its tenure.
GM is one of many automakers trying to chase Tesla (TSLA) as the top electric and autonomous vehicle manufacturer, with plans to produce 20 models of electric cars by 2023.
Earlier today, US Commerce Secretary Wilbur Ross once again hinted at President Donald Trump’s willingness to impose auto tariffs on Europe. While talking to CNBC, Ross said that he is positive about a US-Europe trade deal.
Around the same time as Toyota was on its way to winning the 2019 24 Hours of Le Mans, the automaker posted video of its coming Le Mans racer on track. Toyota announced the GR Super Sports concept at Le Mans last year, and just announced that it would campaign the race version of that car in the so-called Hypercar class created for the 2020/2021 World Endurance Championship. Toyota CEO Akio Toyoda shared wheel time with factory driver Kamui Kobayashi, both men running the prototype between the kerbing at Japan's Fuji Speedway.
BOSTON, June 17, 2019 /PRNewswire/ -- Seven early-stage companies were selected as the winners of the H2 Refuel Accelerator, which was designed to identify innovative solutions to increase the adoption of hydrogen infrastructure and supply chain technologies. The H2 Refuel Accelerator is a unique collaboration between the Urban Future Lab, Greentown Labs and the Fraunhofer TechBridge Program, sponsored by Shell, Toyota and NYSERDA.
Toyota intends to further enhance the safety of its 2020 models with two new customer protection features for the North American market: automatic engine shutoff and automatic park. Toyota didn't specify how long is "a pre-determined time." Nor did it explain if this will operate when the car is idling but there's a driver in the vehicle, or if it's only when the car detects the driver leaving.