The Zacks Analyst Blog Toyota, Texas Instruments, Arista Networks and Crown Crafts

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Chicago, IL – November 1, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Toyota Motor Corp. TM, Texas Instruments Inc. TXN, Arista Networks, Inc. ANET and Crown Crafts, Inc. CRWS.

Here are highlights from Friday’s Analyst Blog:

Top Analyst Reports for Toyota, Texas Instruments and Arista

The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Toyota Motor Corp. (TM), Texas Instruments Inc. (TXN) and Arista Networks, Inc. (ANET), as well as a micro-cap stock Crown Crafts, Inc. (CRWS). The Zacks microcap research is unique as our research content on these small and under-the-radar companies is the only research of its type in the country.

These research reports have been hand-picked from the roughly 70 reports published by our analyst team today.

You can see all of today’s research reports here >>>

Toyota Motor’s shares have declined -6.4% over the past year against the Zacks Automotive - Foreign industry’s decline of -12%. The company’s top line is set to benefit from continued vehicle demand and a robust lineup of trucks and sport utility vehicles. The RAV4 model, with hybrid variants that make up about half of Toyota’s sales, is America's top-selling SUV.

Toyota Motor might soon be offered only as a hybrid, similar to the Camry and other models. This strategy leverages its dominant position in the hybrid market. Toyota anticipates continued growth in hybrid sales, predicting that hybrids will account for more than 50% of the company’s total volume next year.

Toyota Motor’s aims to generate 40% of its global sales from EVs by 2025 and 70% by 2030. Toyota’s commitment to maximizing shareholders’ value via dividends and buybacks is also praiseworthy. Thus, we are bullish on the stock for the time being.

(You can read the full research report on Toyota Motor here >>>)

Shares of Texas Instruments have gained +25.9% over the year-to-date period against the Zacks Semiconductor - General industry’s gain of +129.3%. The company is benefiting from solid data center demand, which is boosting its prospects in the enterprise systems market. Improving conditions in the personal electronics and communication equipment markets is a plus.

Texas Instruments’ growing investments in new growth avenues and competitive advantages are tailwinds. Its deepening focus on manufacturing, advanced technology infusion, product portfolio expansion and consistent returns to shareholders is another positive.

However, widespread weakness in the industrial and automotive markets is a major concern. Sluggishness in its Analog, Embedded Processing and Other segments is a negative. Increasing manufacturing costs are hurting its profitability. An overall weak demand environment and growing U.S.-China tensions are concerns.