Erste Group Bank Forecasts Toyota Motor FY2027 Earnings

Key Points

• Erste Group Bank raised Toyota Motor’s FY2027 EPS estimate to $19.30 from $19.00, still below the $20.08 consensus forecast, and projected FY2028 EPS of $21.70.
• Toyota recently reported quarterly EPS of $7.42 on revenue of $83.16 billion, with an 11.21% return on equity and an 8.61% net margin.
• Analyst sentiment is moderately bullish: the stock has an average “Moderate Buy” rating and a $290 price target, while Toyota’s president increased his stake by purchasing 85,000 shares.

Toyota Motor Corporation (NYSE:TM - Free Report) - Analysts at Erste Group Bank raised their FY2027 earnings per share (EPS) estimates for Toyota Motor in a report issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects that the company will post earnings of $19.30 per share for the year, up from their previous estimate of $19.00. The consensus estimate for Toyota Motor's current full-year earnings is $20.08 per share. Erste Group Bank also issued estimates for Toyota Motor's FY2028 earnings at $21.70 EPS.

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

TM has been the topic of several other research reports. Zacks Research upgraded shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. Weiss Ratings downgraded Toyota Motor from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, July 31st. Finally, Freedom Capital upgraded Toyota Motor from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $290.00.

Toyota Motor Stock Performance

TM opened at $194.77 on Monday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.17. The company has a market cap of $253.85 billion, a PE ratio of 8.59, a price-to-earnings-growth ratio of 1.30 and a beta of 0.56. The stock has a 50-day moving average of $182.33 and a 200-day moving average of $197.25. Toyota Motor has a 52-week low of $166.10 and a 52-week high of $248.90.

Insider Activity

In related news, President Kenta Kon bought 85,000 shares of the company's stock in a transaction that occurred on Wednesday, August 5th. The shares were acquired at an average price of $18.41 per share, with a total value of $1,564,850.00. Following the completion of the transaction, the president owned 148,100 shares of the company's stock, valued at $2,726,521. The trade was a 134.71% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Institutional Trading of Toyota Motor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Fisher Asset Management LLC increased its stake in Toyota Motor by 1.3% during the fourth quarter. Fisher Asset Management LLC now owns 6,995,672 shares of the company's stock valued at $1,497,494,000 after acquiring an additional 86,474 shares during the period. Morgan Stanley lifted its position 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 acquiring an additional 279,110 shares during the period. Bank of America Corp DE grew its holdings in shares of Toyota Motor by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 1,465,611 shares of the company's stock worth $280,064,000 after purchasing an additional 67,943 shares in the last quarter. Northern Trust Corp increased its position in shares of Toyota Motor by 3.6% during the third quarter. Northern Trust Corp now owns 1,051,468 shares of the company's stock valued at $200,925,000 after purchasing an additional 36,207 shares during the period. Finally, Natixis Advisors LLC increased its position in shares of Toyota Motor by 14.3% during the fourth quarter. Natixis Advisors LLC now owns 532,334 shares of the company's stock valued at $113,951,000 after purchasing an additional 66,695 shares during the period. 1.48% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source