Toyota Motor (NYSE:TM) Downgraded by Zacks Research to Strong Sell

Zacks Research lowered shares of Toyota Motor (NYSE:TM) from a hold rating to a strong sell rating in a report issued on Thursday,Zacks.com reports.

TM has been the topic of several other research reports. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday. Wall Street Zen cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a research report on Sunday, November 16th. Finally, Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “buy” rating in a report on Friday, October 31st. Three analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Toyota Motor Stock Down 0.3%

Shares of NYSE:TM opened at $226.46 on Thursday. The stock has a market capitalization of $305.14 billion, a P/E ratio of 9.98 and a beta of 0.64. The stock’s 50-day moving average price is $211.57 and its 200-day moving average price is $199.75. The company has a current ratio of 1.25, a quick ratio of 1.10 and a debt-to-equity ratio of 0.61. Toyota Motor has a 12-month low of $155.00 and a 12-month high of $235.64.

Toyota Motor (NYSE:TM) last released its earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share for the quarter, beating analysts’ consensus estimates of $3.36 by $1.49. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.The company had revenue of $81.22 billion during the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. On average, equities analysts anticipate that Toyota Motor will post 19.76 earnings per share for the current year.

Institutional Investors Weigh In On Toyota Motor

A number of large investors have recently modified their holdings of the stock. Root Financial Partners LLC bought a new position in Toyota Motor in the third quarter worth about $26,000. Highline Wealth Partners LLC boosted its position in Toyota Motor by 92.4% during the 4th quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock valued at $33,000 after acquiring an additional 73 shares in the last quarter. NewSquare Capital LLC grew its holdings in shares of Toyota Motor by 65.7% during the 2nd quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock worth $39,000 after acquiring an additional 90 shares during the period. Palisade Asset Management LLC bought a new position in shares of Toyota Motor in the 3rd quarter worth approximately $49,000. Finally, Bangor Savings Bank lifted its stake in shares of Toyota Motor by 27.8% in the 3rd quarter. Bangor Savings Bank now owns 267 shares of the company’s stock valued at $51,000 after purchasing an additional 58 shares during the period. Institutional investors own 1.48% of the company’s stock.

About Toyota Motor

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.