Erste Group Bank Forecasts Weaker Earnings for Toyota Motor

Toyota Motor Corporation (NYSE:TM) – Research analysts at Erste Group Bank lowered their FY2027 earnings per share (EPS) estimates for shares of Toyota Motor in a note issued to investors on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $18.57 for the year, down from their prior forecast of $18.95. Erste Group Bank has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $21.06 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2028 earnings at $21.58 EPS.

Toyota Motor (NYSE:TM) last announced its earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share (EPS) 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%.

Other analysts have also recently issued reports about the stock. Zacks Research cut shares of Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Freedom Capital raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Toyota Motor in a research report on Monday, April 20th. Finally, Morgan Stanley assumed coverage on shares of Toyota Motor in a research note on Friday, May 1st. They issued an “equal weight” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Toyota Motor currently has a consensus rating of “Moderate Buy” and an average price target of $290.00.

Toyota Motor Stock Down 1.8%

TM stock opened at $168.36 on Wednesday. Toyota Motor has a twelve month low of $166.10 and a twelve 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 company has a market capitalization of $219.43 billion, a P/E ratio of 8.60 and a beta of 0.56. The firm has a 50 day simple moving average of $184.07 and a 200-day simple moving average of $208.73.

Hedge Funds Weigh In On Toyota Motor

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in Toyota Motor by 21.8% during the fourth quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock valued at $517,000 after purchasing an additional 476 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Toyota Motor by 57.9% in the 1st quarter. AQR Capital Management LLC now owns 11,512 shares of the company’s stock worth $2,032,000 after buying an additional 4,223 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in shares of Toyota Motor by 123.4% in the 2nd quarter. Baird Financial Group Inc. now owns 2,844 shares of the company’s stock valued at $490,000 after buying an additional 1,571 shares during the period. Marshall Wace LLP acquired a new position in shares of Toyota Motor in the 2nd quarter valued at about $864,000. Finally, Brown Advisory Inc. grew its position in shares of Toyota Motor by 17.7% during the 2nd quarter. Brown Advisory Inc. now owns 1,527 shares of the company’s stock valued at $263,000 after buying an additional 230 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors.

Toyota Motor News Summary

Here are the key news stories impacting Toyota Motor this week:

• Positive Sentiment: Analysts at Seeking Alpha upgraded Toyota to Buy, citing the company’s prolonged share-price weakness, improving fundamentals, and strong positioning in hybrids as EV adoption remains sluggish. Toyota’s Sustained Slide Results In An Upgrade To Buy
• Positive Sentiment: Toyota and Joby Aviation launched the initial phase of a strategic manufacturing alliance and joint venture to advance eVTOL air taxi production, highlighting Toyota’s role in next-generation mobility manufacturing. Joby Aviation and Toyota Motor Corporation Launch Initial Phase of a Strategic Manufacturing Alliance to Realize Air Mobility for All
• Neutral Sentiment: Additional coverage around the Joby partnership may support sentiment, but it is still early-stage and not yet a meaningful earnings driver. Joby Aviation, Toyota partner to accelerate air taxi manufacturing
• Negative Sentiment: Toyota reported that global sales dropped 7.4%, with weakness in China and the Middle East continuing to pressure results. Toyota Sales Drop 7.4% as China, Middle East Pressure Builds
• Negative Sentiment: Reuters and other outlets reported Toyota’s sales fell for a fourth month, with declines in China, the U.S., and the Middle East weighing on investor sentiment. Toyota sales fall for fourth month in May as declines in China, US and Middle East weigh

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.