Erste Group Bank Raises Earnings Estimates for Toyota Motor

Toyota Motor Corporation (NYSE:TMFree Report) – Equities researchers at Erste Group Bank upped their FY2026 earnings estimates for Toyota Motor in a note issued to investors on Tuesday, May 5th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $18.34 per share for the year, up from their previous forecast of $17.91. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $22.49 per share. Erste Group Bank also issued estimates for Toyota Motor’s FY2027 earnings at $20.87 EPS.

Several other equities analysts have also recently commented on the stock. DZ Bank raised shares of Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a research note on Monday, March 2nd. BNP Paribas Exane initiated coverage on shares of Toyota Motor in a research note on Thursday, February 12th. They set an “outperform” rating and a $290.00 price objective for the company. Morgan Stanley initiated coverage on shares of Toyota Motor in a research note on Friday, May 1st. They set an “equal weight” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research note on Monday, April 20th. Finally, Zacks Research raised shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, Toyota Motor currently has an average rating of “Moderate Buy” and an average target price of $290.00.

Check Out Our Latest Stock Report on TM

Toyota Motor Price Performance

Shares of NYSE:TM opened at $183.71 on Tuesday. The company has a 50 day moving average of $208.89 and a 200 day moving average of $214.21. The stock has a market cap of $239.44 billion, a P/E ratio of 9.38 and a beta of 0.58. 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 1.26, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63.

Toyota Motor (NYSE:TMGet Free Report) last posted its quarterly earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share (EPS) for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.86%. The company had revenue of $76.81 billion for the quarter.

Hedge Funds Weigh In On Toyota Motor

A number of institutional investors have recently made changes to their positions in the stock. Fisher Asset Management LLC increased its holdings in shares of Toyota Motor by 1.3% in the 4th quarter. Fisher Asset Management LLC now owns 6,995,672 shares of the company’s stock worth $1,497,494,000 after buying an additional 86,474 shares during the last quarter. Morgan Stanley increased its holdings in shares of Toyota Motor by 13.0% in the 4th quarter. Morgan Stanley now owns 2,421,645 shares of the company’s stock worth $518,378,000 after buying an additional 279,110 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Toyota Motor by 4.9% in the 3rd quarter. Bank of America Corp DE now owns 1,465,611 shares of the company’s stock worth $280,064,000 after buying an additional 67,943 shares during the last quarter. Northern Trust Corp increased its holdings in shares of Toyota Motor by 3.6% in the 3rd quarter. Northern Trust Corp now owns 1,051,468 shares of the company’s stock worth $200,925,000 after buying an additional 36,207 shares during the last quarter. Finally, Natixis Advisors LLC increased its holdings in shares of Toyota Motor by 14.3% in the 4th quarter. Natixis Advisors LLC now owns 532,334 shares of the company’s stock worth $113,951,000 after buying an additional 66,695 shares during the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Company Profile

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

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