Erste Group Bank Lowers Earnings Estimates for Toyota Motor

Toyota Motor Corporation (NYSE:TM) – Equities researchers at Erste Group Bank reduced their FY2027 earnings per share (EPS) estimates for Toyota Motor in a note issued to investors on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now anticipates that the company will earn $20.15 per share for the year, down from their previous estimate of $20.87. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $16.02 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $23.11 EPS.

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

Several other research firms also recently weighed in on TM. Zacks Research downgraded shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, March 2nd. BNP Paribas Exane assumed coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They issued an “outperform” rating and a $290.00 price target on the stock. Morgan Stanley started coverage on Toyota Motor in a research note on Friday, May 1st. They set an “equal weight” rating for the company. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a report on Monday, April 20th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, Toyota Motor presently has an average rating of “Moderate Buy” and a consensus target price of $290.00.

Toyota Motor Price Performance

Shares of TM opened at $185.29 on Wednesday. The business’s fifty day moving average is $203.51 and its 200 day moving average is $213.38. Toyota Motor has a 12-month low of $167.18 and a 12-month high of $248.90. The company has a quick ratio of 1.12, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The stock has a market cap of $241.49 billion, a P/E ratio of 9.46 and a beta of 0.58.

Institutional Trading of Toyota Motor

Institutional investors and hedge funds have recently made changes to their positions in the company. DeDora Capital Inc. lifted its position in shares of Toyota Motor by 2.1% during the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company’s stock valued at $458,000 after purchasing an additional 45 shares in the last quarter. Rehmann Capital Advisory Group grew its position in Toyota Motor by 3.2% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company’s stock worth $314,000 after purchasing an additional 45 shares in the last quarter. Independence Bank of Kentucky increased its stake in Toyota Motor by 18.4% in the 4th quarter. Independence Bank of Kentucky now owns 296 shares of the company’s stock valued at $63,000 after buying an additional 46 shares during the last quarter. Cornerstone Planning Group LLC increased its stake 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 buying an additional 48 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its position in shares of Toyota Motor by 5.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 1,020 shares of the company’s stock worth $195,000 after buying an additional 50 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

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.