Toyota Motor Corporation (NYSE:TM – Free Report) – Investment analysts at Erste Group Bank cut their FY2027 earnings per share (EPS) estimates for shares of Toyota Motor in a research note issued on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $18.48 per share for the year, down from their previous estimate of $18.57. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $20.93 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $21.25 EPS.
A number of other analysts have also recently issued reports on TM. Morgan Stanley initiated coverage on Toyota Motor in a research note on Friday, May 1st. They set an “equal weight” rating for the company. Freedom Capital upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Monday, April 20th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $290.00.
Toyota Motor Price Performance
TM opened at $179.78 on Friday. Toyota Motor has a 12 month low of $166.10 and a 12 month high of $248.90. The company has a fifty day simple moving average of $179.31 and a 200 day simple moving average of $205.50. The stock has a market cap of $234.31 billion, a P/E ratio of 9.18 and a beta of 0.58. The company has a quick ratio of 1.12, a current ratio of 1.27 and a debt-to-equity ratio of 0.62.
Toyota Motor (NYSE:TM – Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The business had revenue of $76.81 billion for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%.
Institutional Trading of Toyota Motor
A number of institutional investors and hedge funds have recently made changes to their positions in TM. DeDora Capital Inc. lifted its stake in Toyota Motor by 2.1% during the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock worth $458,000 after purchasing an additional 45 shares during the last quarter. Rehmann Capital Advisory Group grew its position in shares of Toyota Motor by 3.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company’s stock valued at $314,000 after buying an additional 45 shares during the last quarter. Independence Bank of Kentucky boosted its holdings in Toyota Motor by 18.4% in the fourth quarter. Independence Bank of Kentucky now owns 296 shares of the company’s stock valued at $63,000 after acquiring an additional 46 shares during the last quarter. Cornerstone Planning Group LLC boosted its stake in shares of Toyota Motor by 37.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock valued at $38,000 after purchasing an additional 48 shares during the last quarter. Finally, J2 Capital Management Inc boosted its position in Toyota Motor by 2.4% during the fourth quarter. J2 Capital Management Inc now owns 2,125 shares of the company’s stock valued at $455,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.
Toyota Motor Company Profile
Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.
The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.
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