Toyota Motor Corporation (NYSE:TM) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of Toyota Motor Corporation (NYSE:TMGet Free Report) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $290.00.

Several equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings lowered shares of Toyota Motor from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st.

Read Our Latest Stock Report on Toyota Motor

Toyota Motor Stock Performance

Toyota Motor stock opened at $198.40 on Monday. The stock’s 50-day moving average is $187.54 and its 200-day moving average is $193.97. The company has a market cap of $258.58 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 1.31 and a beta of 0.57. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. Toyota Motor has a 12 month low of $166.10 and a 12 month high of $248.90.

Toyota Motor (NYSE:TMGet Free Report) last issued its earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. The business had revenue of $83.16 billion during the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%. Equities analysts anticipate that Toyota Motor will post 20.28 earnings per share for the current year.

Insider Buying and Selling

In related news, President Kenta Kon acquired 85,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were bought at an average cost of $18.41 per share, with a total value of $1,564,850.00. Following the completion of the transaction, the president directly owned 148,100 shares of the company’s stock, valued at $2,726,521. This trade represents a 134.71% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Institutional Investors Weigh In On Toyota Motor

A number of large investors have recently modified their holdings of TM. Rehmann Capital Advisory Group boosted its position in Toyota Motor by 3.2% in the fourth 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 in the last quarter. Rexford Capital Inc. grew its stake in Toyota Motor by 1.7% during the fourth quarter. Rexford Capital Inc. now owns 2,911 shares of the company’s stock worth $623,000 after buying an additional 50 shares during the last quarter. Physicians Financial Services Inc. increased its holdings in shares of Toyota Motor by 1.1% during the first quarter. Physicians Financial Services Inc. now owns 4,747 shares of the company’s stock worth $978,000 after buying an additional 50 shares in the last quarter. Wedbush Securities Inc. increased its holdings in shares of Toyota Motor by 3.0% during the second quarter. Wedbush Securities Inc. now owns 1,878 shares of the company’s stock worth $316,000 after buying an additional 54 shares in the last quarter. Finally, Seven Mile Advisory raised its stake in shares of Toyota Motor by 4.1% in the third quarter. Seven Mile Advisory now owns 1,400 shares of the company’s stock valued at $268,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

About Toyota Motor

(Get Free Report)

Toyota Motor Corporation is a Japan-based automotive company headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger cars, trucks, commercial vehicles and related automotive components. Its principal brands include Toyota and Lexus, along with the performance-oriented GR sub-brand.

Toyota offers vehicles powered by internal combustion engines, hybrid-electric systems, plug-in hybrids, battery-electric powertrains and hydrogen fuel-cell technology.

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Analyst Recommendations for Toyota Motor (NYSE:TM)

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