Toyota Motor FY2027 EPS Forecast Reduced by Erste Group Bank

Toyota Motor Corporation (NYSE:TM) – Equities researchers at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for shares of Toyota Motor in a research note issued on Friday, June 5th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $18.95 for the year, down from their previous estimate of $20.15. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $21.66 per share.

Several other research analysts have also issued reports on TM. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a research report on Monday, April 20th. Freedom Capital upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 14th. Zacks Research lowered Toyota Motor from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Morgan Stanley began coverage on Toyota Motor in a research report on Friday, May 1st. They set an “equal weight” rating for the company. Finally, DZ Bank upgraded Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $290.00.

Toyota Motor Trading Up 1.8%

TM opened at $175.07 on Friday. The firm has a market cap of $228.17 billion, a P/E ratio of 8.94 and a beta of 0.56. Toyota Motor has a 12 month low of $167.18 and a 12 month high of $248.90. The company has a current ratio of 1.27, a quick ratio of 1.12 and a debt-to-equity ratio of 0.62. The stock has a 50-day moving average of $194.06 and a 200 day moving average of $211.19.

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

Hedge Funds Weigh In On Toyota Motor

A number of large investors have recently bought and sold shares of TM. DeDora Capital Inc. grew its holdings in Toyota Motor by 2.1% in the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock worth $458,000 after purchasing an additional 45 shares during the last quarter. Rehmann Capital Advisory Group grew its holdings in Toyota Motor by 3.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company’s stock worth $314,000 after purchasing an additional 45 shares during the last quarter. Independence Bank of Kentucky grew its holdings in Toyota Motor by 18.4% in the fourth quarter. Independence Bank of Kentucky now owns 296 shares of the company’s stock worth $63,000 after purchasing an additional 46 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in Toyota Motor by 37.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after purchasing an additional 48 shares during the last quarter. Finally, J2 Capital Management Inc grew its holdings in Toyota Motor by 2.4% in the fourth quarter. J2 Capital Management Inc now owns 2,125 shares of the company’s stock worth $455,000 after purchasing an additional 50 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Company Profile

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.