Toyota Motor Corporation (NYSE:TM – Free Report) – Equities researchers at Erste Group Bank dropped their FY2028 earnings per share estimates for shares of Toyota Motor in a research report issued to clients and investors on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $21.91 per share for the year, down from their prior estimate of $22.08. Erste Group Bank has a “Strong-Buy” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $20.36 per share.
Toyota Motor (NYSE:TM – Get Free Report) last issued its quarterly earnings data 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 during the quarter.
Get Our Latest Research Report on Toyota Motor
Toyota Motor Stock Down 0.4%
Shares of NYSE:TM opened at $184.59 on Tuesday. The stock has a market cap of $240.58 billion, a price-to-earnings ratio of 8.14, a PEG ratio of 1.22 and a beta of 0.61. The business’s 50 day moving average is $190.73 and its 200 day moving average is $188.91. Toyota Motor has a 12-month low of $166.10 and a 12-month high of $248.90. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.68.
Institutional Trading of Toyota Motor
Several hedge funds have recently made changes to their positions in TM. Compass Financial Management LLC bought a new position in shares of Toyota Motor during the 2nd quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings 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 worth $29,000 after acquiring an additional 113 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Toyota Motor in the 1st quarter worth about $33,000. Miller Global Investments LLC bought a new stake in Toyota Motor in the 3rd quarter valued at about $34,000. Finally, Trust Co. of Vermont bought a new stake in Toyota Motor in the 2nd quarter valued at about $33,000. 1.48% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Toyota Motor
In related news, President Kenta Kon purchased 85,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was bought at an average price of $18.41 per share, for a total transaction of $1,564,850.00. Following the purchase, the president directly owned 148,100 shares in the company, valued at approximately $2,726,521. This trade represents a 134.71% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Toyota Motor Company Profile
Toyota Motor Corporation is a Japan-based automotive company that develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products. Its principal brands include Toyota and Lexus, while the broader Toyota group also has ties to Daihatsu and Hino. The company offers a range of vehicles powered by internal-combustion engines, hybrids, plug-in hybrids, battery-electric systems and fuel cells.
Founded in 1937 by Kiichiro Toyoda, Toyota has grown into one of the world’s largest vehicle manufacturers.
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