Toyota Motor FY2027 EPS Estimate Lowered by Erste Group Bank

Toyota Motor Corporation (NYSE:TM) – Equities researchers at Erste Group Bank dropped their FY2027 earnings per share estimates for shares of Toyota Motor in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $18.48 per share for the year, down from their prior estimate of $18.57. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $20.93 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $21.25 EPS.

A number of other analysts also recently commented on TM. Morgan Stanley assumed coverage on Toyota Motor in a research report on Friday, May 1st. They set an “equal weight” rating for the company. Zacks Research lowered shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, July 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a research note on Monday, April 20th. Finally, Freedom Capital raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Toyota Motor has a consensus rating of “Moderate Buy” and a consensus price target of $290.00.

Toyota Motor Stock Performance

Shares of TM stock opened at $179.78 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12. The company has a market cap of $234.31 billion, a P/E ratio of 9.18 and a beta of 0.58. Toyota Motor has a one year low of $166.10 and a one year high of $248.90. The firm has a 50-day moving average of $179.31 and a 200-day moving average of $205.50.

Toyota Motor (NYSE:TM) last posted its earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The company had revenue of $76.81 billion for the quarter. Toyota Motor had a return on equity of 9.74% and a net margin of 7.59%.

Institutional Trading of Toyota Motor

Several hedge funds have recently added to or reduced their stakes in TM. Fisher Asset Management LLC lifted its position in Toyota Motor by 1.3% in the fourth quarter. Fisher Asset Management LLC now owns 6,995,672 shares of the company’s stock valued at $1,497,494,000 after purchasing an additional 86,474 shares during the last quarter. Morgan Stanley lifted its stake in shares of Toyota Motor by 13.0% in the 4th quarter. Morgan Stanley now owns 2,421,645 shares of the company’s stock valued at $518,378,000 after purchasing an additional 279,110 shares during the period. Bank of America Corp DE boosted its holdings in shares of Toyota Motor by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 1,465,611 shares of the company’s stock valued at $280,064,000 after buying an additional 67,943 shares in the last quarter. Northern Trust Corp boosted its stake in Toyota Motor by 3.6% during the third quarter. Northern Trust Corp now owns 1,051,468 shares of the company’s stock worth $200,925,000 after acquiring an additional 36,207 shares in the last quarter. Finally, Natixis Advisors LLC boosted its position in shares of Toyota Motor by 14.3% in the 4th 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. 1.48% of the stock is owned by institutional investors.

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.