Toyota Motor Corporation (NYSE:TM) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Toyota Motor Corporation (NYSE:TMGet Free Report) have earned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have given a strong buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $290.00.

TM has been the topic of several recent analyst reports. Zacks Research upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. BNP Paribas Exane initiated coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They set an “outperform” rating and a $290.00 target price on the stock. 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research report on Monday, April 20th. Finally, Erste Group Bank downgraded Toyota Motor from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd.

Get Our Latest Stock Report on Toyota Motor

Toyota Motor Trading Down 0.7%

Shares of NYSE TM opened at $187.64 on Tuesday. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.12 and a current ratio of 1.26. The business’s 50 day moving average price is $211.15 and its 200-day moving average price is $214.43. Toyota Motor has a fifty-two week low of $167.18 and a fifty-two week high of $248.90. The company has a market cap of $244.55 billion, a price-to-earnings ratio of 9.58 and a beta of 0.58.

Toyota Motor (NYSE:TMGet Free Report) last issued its quarterly earnings results on Friday, May 8th. The company reported $4.00 earnings per share for the quarter, topping the consensus estimate of $3.11 by $0.89. Toyota Motor had a return on equity of 9.67% and a net margin of 7.32%.The firm had revenue of $76.81 billion for the quarter, compared to the consensus estimate of $79.57 billion. Toyota Motor has set its FY 2027 guidance at 16.020-16.020 EPS. On average, sell-side analysts expect that Toyota Motor will post 22.49 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of TM. Morgan Stanley increased its holdings in Toyota Motor by 13.0% during the 4th quarter. Morgan Stanley now owns 2,421,645 shares of the company’s stock worth $518,378,000 after purchasing an additional 279,110 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Toyota Motor by 3,027.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 252,765 shares of the company’s stock worth $54,107,000 after purchasing an additional 244,684 shares during the period. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Toyota Motor by 204.7% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 257,269 shares of the company’s stock worth $49,162,000 after purchasing an additional 172,829 shares during the period. Orion Porfolio Solutions LLC increased its holdings in Toyota Motor by 717.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 145,990 shares of the company’s stock worth $25,148,000 after purchasing an additional 128,128 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Toyota Motor by 116.3% during the 4th quarter. JPMorgan Chase & Co. now owns 231,614 shares of the company’s stock worth $49,580,000 after purchasing an additional 124,520 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Toyota Motor

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

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.

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Analyst Recommendations for Toyota Motor (NYSE:TM)

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