FY2027 EPS Estimates for Toyota Motor Lifted by Analyst

Toyota Motor Corporation (NYSE:TM) – Investment analysts at Erste Group Bank increased their FY2027 earnings estimates for Toyota Motor in a report issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now expects that the company will earn $20.14 per share for the year, up from their prior estimate of $19.90. Erste Group Bank currently 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) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. The company had revenue of $83.16 billion during the quarter.

Several other research firms have also commented on TM. Weiss Ratings lowered Toyota Motor from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Zacks Research raised Toyota Motor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Three analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $290.00.

Toyota Motor Price Performance

Shares of TM opened at $190.43 on Tuesday. Toyota Motor has a twelve month low of $166.10 and a twelve month high of $248.90. The firm’s fifty day simple moving average is $190.15 and its 200-day simple moving average is $191.51. The firm has a market capitalization of $248.19 billion, a price-to-earnings ratio of 8.40, a PEG ratio of 1.26 and a beta of 0.57. 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 Activity

In related news, President Kenta Kon bought 85,000 shares of the stock in a transaction dated Wednesday, August 5th. The stock was acquired at an average price of $18.41 per share, for a total transaction of $1,564,850.00. Following the acquisition, the president owned 148,100 shares in the company, valued at approximately $2,726,521. This represents a 134.71% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Institutional Investors Weigh In On Toyota Motor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Natixis Advisors LLC increased its position in shares of Toyota Motor by 14.3% during the fourth quarter. Natixis Advisors LLC now owns 532,334 shares of the company’s stock worth $113,951,000 after purchasing an additional 66,695 shares in the last quarter. Calamos Wealth Management LLC acquired a new stake in shares of Toyota Motor in the 1st quarter valued at about $4,279,000. Advisors Preferred LLC boosted its position in shares of Toyota Motor by 660.7% in the 1st quarter. Advisors Preferred LLC now owns 7,432 shares of the company’s stock valued at $1,532,000 after purchasing an additional 6,455 shares during the period. Calamos Advisors LLC purchased a new position in Toyota Motor during the 1st quarter worth approximately $4,279,000. Finally, Royal Bank of Canada grew its stake in Toyota Motor by 19.0% during the 1st quarter. Royal Bank of Canada now owns 237,220 shares of the company’s stock worth $48,888,000 after buying an additional 37,893 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Company Profile

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.