FY2027 EPS Estimates for Toyota Motor Increased by Analyst

Toyota Motor Corporation (NYSE:TMFree Report) – Erste Group Bank increased their FY2027 earnings estimates for shares of Toyota Motor in a report released on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $19.00 per share for the year, up from their previous estimate of $18.31. The consensus estimate for Toyota Motor’s current full-year earnings is $20.05 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $21.64 EPS.

Several other equities analysts also recently commented on TM. Morgan Stanley assumed coverage on Toyota Motor in a research report on Friday, May 1st. They issued an “equal weight” rating on the stock. Freedom Capital raised Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Zacks Research upgraded Toyota Motor from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings lowered Toyota Motor from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, July 31st. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Toyota Motor presently has an average rating of “Moderate Buy” and an average price target of $290.00.

Check Out Our Latest Stock Analysis on Toyota Motor

Toyota Motor Trading Up 0.4%

Shares of TM stock opened at $189.63 on Wednesday. Toyota Motor has a 12-month low of $166.10 and a 12-month high of $248.90. The company has a market capitalization of $247.15 billion, a PE ratio of 8.36, a price-to-earnings-growth ratio of 1.26 and a beta of 0.56. The firm has a 50 day moving average price of $178.39 and a two-hundred day moving average price of $200.89. The company has a quick ratio of 1.00, a current ratio of 1.17 and a debt-to-equity ratio of 0.68.

Toyota Motor (NYSE:TMGet Free Report) last announced its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 EPS for the quarter. The business had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%.

Institutional Investors Weigh In On Toyota Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in TM. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Toyota Motor by 418.5% in 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. International Assets Investment Management LLC acquired a new stake in Toyota Motor during the first quarter worth approximately $33,000. Trust Co. of Vermont bought a new position in Toyota Motor during the 2nd quarter worth $33,000. Cornerstone Planning Group LLC raised its holdings in Toyota Motor by 37.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock valued at $38,000 after acquiring an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC raised its holdings in Toyota Motor by 302.1% in the 4th quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock valued at $40,000 after acquiring an additional 142 shares in the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Toyota Motor news, President Kenta Kon acquired 85,000 shares of the business’s stock in a transaction on Wednesday, August 5th. The stock was purchased at an average price of $18.41 per share, with a total value of $1,564,850.00. Following the acquisition, the president directly owned 148,100 shares of the company’s stock, valued at approximately $2,726,521. This trade represents a 134.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

About Toyota Motor

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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.

Further Reading

Earnings History and Estimates for Toyota Motor (NYSE:TM)

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