Erste Group Bank Expects Reduced Earnings for Toyota Motor

Toyota Motor Corporation (NYSE:TM - Free Report) - Analysts at Erste Group Bank decreased their FY2027 earnings per share (EPS) estimates for Toyota Motor in a research report issued on Thursday, October 8th. Erste Group Bank analyst S. Lingnau now forecasts that the company will earn $19.97 per share for the year, down from their previous estimate of $20.14. Erste Group Bank has a "Strong-Buy" rating on the stock. The consensus estimate for Toyota Motor's current full-year earnings is $20.36 per share.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 EPS for the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%. The company had revenue of $83.16 billion during the quarter.

TM has been the subject of several other research reports. Weiss Ratings raised shares of Toyota Motor from a "hold (c-)" rating to a "hold (c)" rating in a research report on Thursday, October 8th. Zacks Research raised shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $290.00.

Toyota Motor Trading Up 2.1%

Shares of TM stock opened at $188.67 on Wednesday. The firm's 50-day simple moving average is $190.72 and its 200-day simple moving average is $188.76. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. Toyota Motor has a 1-year low of $166.10 and a 1-year high of $248.90. The firm has a market cap of $245.90 billion, a P/E ratio of 8.32, a PEG ratio of 1.21 and a beta of 0.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Compass Financial Management LLC purchased a new position in Toyota Motor in the 2nd quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in Toyota Motor by 418.5% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company's stock valued at $29,000 after acquiring an additional 113 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in shares of Toyota Motor during the first quarter valued at approximately $33,000. Miller Global Investments LLC purchased a new stake in shares of Toyota Motor during the third quarter valued at approximately $34,000. Finally, Trust Co. of Vermont purchased a new stake in shares of Toyota Motor during the second quarter valued at approximately $33,000. 1.48% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Toyota Motor

In other Toyota Motor news, President Kenta Kon bought 85,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average price of $18.41 per share, with a total value of $1,564,850.00. Following the transaction, the president owned 148,100 shares in the company, valued at $2,726,521. This trade represents a 134.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

About Toyota Motor

Toyota Motor Corporation is a Japan-based automotive company that develops, manufactures and sells passenger vehicles, commercial vehicles and related mobility products. Its principal brands include Toyota and Lexus, while the broader Toyota group also has ties to Daihatsu and Hino. The company offers a range of vehicles powered by internal-combustion engines, hybrids, plug-in hybrids, battery-electric systems and fuel cells.

Founded in 1937 by Kiichiro Toyoda, Toyota has grown into one of the world's largest vehicle manufacturers.

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