Toyota Motor (NYSE:TM) Rating Lowered to “Hold” at Freedom Broker

Toyota Motor (NYSE:TM) was downgraded by analysts at Freedom Broker from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, FinViz reports. They presently have a $230.00 target price on the stock. Freedom Broker‘s price objective points to a potential upside of 7.93% from the stock’s previous close.

TM has been the subject of a number of other research reports. Weiss Ratings upgraded shares of Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Zacks Research raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 29th. Finally, Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 18th. Four equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $260.00.

Toyota Motor Stock Down 0.8%

Toyota Motor stock opened at $213.10 on Thursday. Toyota Motor has a twelve month low of $166.10 and a twelve month high of $248.90. The firm has a 50 day moving average price of $194.38 and a 200-day moving average price of $198.41. The company has a market capitalization of $277.75 billion, a P/E ratio of 9.72, a P/E/G ratio of 1.36 and a beta of 0.62. The company has a quick ratio of 1.03, a current ratio of 1.19 and a debt-to-equity ratio of 0.67.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Thursday, November 5th. The company reported $4.10 EPS for the quarter, beating the consensus estimate of $3.37 by $0.73. Toyota Motor had a return on equity of 10.83% and a net margin of 8.14%. The business had revenue of $87.97 billion for the quarter, compared to the consensus estimate of $84.74 billion. As a group, equities analysts predict that Toyota Motor will post 21.17 EPS for the current year.

Hedge Funds Weigh In On Toyota Motor

Several hedge funds have recently bought and sold shares of the company. Compass Financial Management LLC bought a new position in Toyota Motor in the 2nd quarter valued at $25,000. West Financial Advisors LLC bought a new stake in Toyota Motor during the third quarter valued at $25,000. Physician Wealth Advisors Inc. boosted its stake in Toyota Motor by 111.0% during the third quarter. Physician Wealth Advisors Inc. now owns 154 shares of the company’s stock valued at $28,000 after buying an additional 81 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Toyota Motor by 418.5% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock valued at $29,000 after buying an additional 113 shares during the period. Finally, Mather Group LLC. grew its position in Toyota Motor by 156.2% during the third quarter. Mather Group LLC. now owns 164 shares of the company’s stock worth $30,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Key Headlines Impacting Toyota Motor

These are some of the TM headlines that stood out recently:

• Positive Sentiment: Toyota reported higher first-half profit and discussed its FY2027 outlook, while its earnings call highlighted growth and returns. That could support confidence in earnings, although the call also covered risks. Toyota Motor stock: First-half profit rises on FY2027 outlook Toyota Earnings Call Signals Strong Growth, Returns and Risks
• Neutral Sentiment: The KEI-01 is designed to meet requirements for a low-speed vehicle, and initial distribution will focus on fleet customers through a small dealer network. That targeted launch may limit near-term sales, and the vehicle is not expected until 2027.
• Negative Sentiment: Short interest rose 48% in the second half of October to about 1.75 million shares. Although only roughly 0.1% of shares are short, the increase suggests some investors are becoming more cautious.

About Toyota Motor

Toyota Motor Corporation is a Japanese automotive manufacturer founded in 1937 by Kiichiro Toyoda. The company designs, manufactures, and sells vehicles under the Toyota and Lexus brands, including passenger cars, SUVs, trucks, and commercial vehicles. Toyota offers vehicles with a range of powertrains, including conventional engines, hybrids, plug-in hybrids, battery-electric systems, and fuel-cell technology. Its other businesses include automotive financing and services related to mobility and vehicle ownership.