FY2027 EPS Estimates for Toyota Motor Increased by Analyst

Key Points

• Erste Group Bank raised Toyota’s FY2027 EPS estimate to $19.90 from $19.30 and forecast FY2028 EPS of $22.44, while the current full-year consensus stands at $20.08.
• Toyota has a “Moderate Buy” consensus rating and a $290 average price target, based on two Strong Buy, one Buy and four Hold ratings.
• The company recently reported quarterly EPS of $7.42 on $83.16 billion in revenue, while President Kenta Kon increased his holdings by purchasing 85,000 shares.

Toyota Motor Corporation (NYSE:TM - Free Report) - Erste Group Bank raised their FY2027 earnings estimates for shares of Toyota Motor in a research report issued to clients and investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now forecasts that the company will earn $19.90 per share for the year, up from their prior estimate of $19.30. 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 $22.44 EPS.

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

Toyota Motor Price Performance

Shares of NYSE TM opened at $191.15 on Thursday. The firm has a market capitalization of $249.13 billion, a P/E ratio of 8.43, a P/E/G ratio of 1.28 and a beta of 0.57. The firm's 50-day moving average price is $186.71 and its 200-day moving average price is $194.58. The company has a current ratio of 1.17, a quick ratio of 1.00 and a debt-to-equity ratio of 0.68. Toyota Motor has a 1-year low of $166.10 and a 1-year high of $248.90.

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

Insiders Place Their Bets

In related news, President Kenta Kon acquired 85,000 shares of the company's stock in a transaction on Wednesday, August 5th. The shares were acquired at an average cost of $18.41 per share, for a total transaction of $1,564,850.00. Following the purchase, the president owned 148,100 shares in the company, valued at approximately $2,726,521. The trade was a 134.71% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in TM. IPG Investment Advisors LLC grew its position in Toyota Motor by 22.0% in the 2nd quarter. IPG Investment Advisors LLC now owns 2,860 shares of the company's stock worth $482,000 after purchasing an additional 515 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Toyota Motor by 8.3% in the second quarter. Integrated Wealth Concepts LLC now owns 6,514 shares of the company's stock valued at $1,097,000 after acquiring an additional 501 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Toyota Motor by 1.1% in the second quarter. NewEdge Advisors LLC now owns 5,850 shares of the company's stock valued at $985,000 after acquiring an additional 62 shares in the last quarter. Baird Financial Group Inc. increased its position in shares of Toyota Motor by 79.9% during the second quarter. Baird Financial Group Inc. now owns 6,088 shares of the company's stock valued at $1,025,000 after acquiring an additional 2,704 shares during the last quarter. Finally, Brown Lisle Cummings Inc. increased its position in shares of Toyota Motor by 269.2% during the second quarter. Brown Lisle Cummings Inc. now owns 288 shares of the company's stock valued at $49,000 after acquiring an additional 210 shares during the last quarter. 1.48% of the stock is owned by institutional investors.

Toyota Motor Company Profile

Toyota Motor Corporation is a Japan-based automotive company headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger cars, trucks, commercial vehicles and related automotive components. Its principal brands include Toyota and Lexus, along with the performance-oriented GR sub-brand.

Toyota offers vehicles powered by internal combustion engines, hybrid-electric systems, plug-in hybrids, battery-electric powertrains and hydrogen fuel-cell technology.

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