Erste Group Bank Predicts Reduced Earnings for Toyota Motor

Key Points

• Erste Group Bank cut Toyota Motor’s FY2027 EPS estimate to $18.57 from $18.95 and maintained a Hold rating on the stock.
• The new forecast is still below the consensus estimate of $21.06 per share, though Erste Group also projected FY2028 EPS of $21.58.
• Toyota recently reported quarterly EPS of $3.80 on revenue of $76.81 billion, while other analysts remain mixed with an average rating of Moderate Buy.

Toyota Motor Corporation (NYSE:TM - Free Report) - Erste Group Bank decreased their FY2027 EPS estimates for Toyota Motor in a report issued on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now anticipates 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 - Get Free Report) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. The company had revenue of $76.81 billion for the quarter. Toyota Motor had a net margin of 7.59% and a return on equity of 9.74%.

Several other research analysts have also commented on TM. Morgan Stanley started coverage on shares of Toyota Motor in a report on Friday, May 1st. They issued an "equal weight" rating on the stock. Weiss Ratings reiterated a "hold (c)" rating on shares of Toyota Motor in a research note on Monday, April 20th. Freedom Capital raised shares of Toyota Motor from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 14th. Finally, Zacks Research cut shares of Toyota Motor from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Toyota Motor currently has an average rating of "Moderate Buy" and an average target price of $290.00.

Toyota Motor Stock Performance

NYSE TM opened at $168.36 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12. Toyota Motor has a 1-year low of $166.10 and a 1-year high of $248.90. The firm has a market capitalization of $219.43 billion, a P/E ratio of 8.60 and a beta of 0.56. The business's 50-day simple moving average is $184.07 and its 200-day simple moving average is $208.73.

Hedge Funds Weigh In On Toyota Motor

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Parallel Advisors LLC raised its stake in shares of Toyota Motor by 18.5% during the first quarter. Parallel Advisors LLC now owns 4,895 shares of the company's stock valued at $1,009,000 after purchasing an additional 764 shares during the period. Glenmede Trust Co. NA lifted its position in shares of Toyota Motor by 9.3% during the first quarter. Glenmede Trust Co. NA now owns 6,358 shares of the company's stock worth $1,310,000 after purchasing an additional 542 shares in the last quarter. Arkadios Wealth Advisors boosted its stake in shares of Toyota Motor by 9.4% in the first quarter. Arkadios Wealth Advisors now owns 3,012 shares of the company's stock valued at $621,000 after purchasing an additional 258 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Toyota Motor by 34.5% in the first quarter. EverSource Wealth Advisors LLC now owns 4,444 shares of the company's stock valued at $916,000 after purchasing an additional 1,139 shares during the period. Finally, Royal Bank of Canada grew its holdings in Toyota Motor by 19.0% during the 1st quarter. Royal Bank of Canada now owns 237,220 shares of the company's stock valued at $48,888,000 after purchasing an additional 37,893 shares in the last quarter. Hedge funds and other institutional investors own 1.48% of the company's stock.

Trending Headlines about Toyota Motor

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

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.

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