Erste Group Bank Boosts Earnings Estimates for Toyota Motor

Toyota Motor Corporation (NYSE:TMFree Report) – Stock analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for Toyota Motor in a research report issued to clients and investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings per share of $19.30 for the year, up from their previous forecast of $19.00. The consensus estimate for Toyota Motor’s current full-year earnings is $20.08 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $21.70 EPS.

Toyota Motor (NYSE:TMGet Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $7.42 EPS for the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%.The firm had revenue of $83.16 billion for the quarter.

Other equities analysts have also issued research reports about the company. Freedom Capital upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 14th. Weiss Ratings downgraded Toyota Motor from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Finally, Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Toyota Motor has a consensus rating of “Moderate Buy” and a consensus price target of $290.00.

Get Our Latest Analysis on TM

Toyota Motor Stock Performance

Shares of NYSE TM opened at $196.58 on Monday. The stock has a market cap of $256.21 billion, a price-to-earnings ratio of 8.67, a PEG ratio of 1.30 and a beta of 0.56. The company has a 50 day simple moving average of $182.87 and a two-hundred day simple moving average of $196.96. Toyota Motor has a 12 month low of $166.10 and a 12 month high of $248.90. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68.

Insider Buying and Selling at Toyota Motor

In other news, President Kenta Kon bought 85,000 shares of the stock in a transaction dated Wednesday, August 5th. The shares were acquired at an average cost of $18.41 per share, with a total value of $1,564,850.00. Following the purchase, the president directly owned 148,100 shares in the company, valued at $2,726,521. The trade was a 134.71% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Hedge Funds Weigh In On Toyota Motor

Several institutional investors and hedge funds have recently modified their holdings of TM. Compass Financial Management LLC purchased a new stake in shares of Toyota Motor in the second quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Toyota Motor by 418.5% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock valued at $29,000 after acquiring an additional 113 shares during the period. International Assets Investment Management LLC acquired a new stake in Toyota Motor in the 1st quarter valued at $33,000. Cornerstone Planning Group LLC increased its holdings in Toyota Motor by 37.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after acquiring an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC increased its holdings in Toyota Motor by 302.1% in the 4th quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock worth $40,000 after acquiring an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

About Toyota Motor

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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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Earnings History and Estimates for Toyota Motor (NYSE:TM)

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