Toyota Motor FY2027 EPS Forecast Boosted by Erste Group Bank

Key Points

• Erste Group Bank raised Toyota Motor’s FY2027 EPS forecast to $20.14 from $19.90 and maintained a “Strong-Buy” rating, slightly below the $20.28 consensus estimate.
• Toyota 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.
• The stock opened at $192.62, while analysts collectively rate Toyota “Buy” with an average price target of $290; institutional investors own 1.48% of the company.

Toyota Motor Corporation (NYSE:TM - Free Report) - Stock analysts at Erste Group Bank increased their FY2027 earnings per share (EPS) estimates for shares of Toyota Motor in a note issued to investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the company will post earnings of $20.14 per share for the year, up from their prior forecast of $19.90. Erste Group Bank currently has a "Strong-Buy" rating on the stock. The consensus estimate for Toyota Motor's current full-year earnings is $20.28 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 for the quarter.

Several other equities research analysts have also issued reports on the company. Weiss Ratings lowered Toyota Motor from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, July 31st. Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a report 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 assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $290.00.

Toyota Motor Trading Up 0.6%

Shares of TM opened at $192.62 on Tuesday. The stock has a market capitalization of $251.05 billion, a PE ratio of 8.49, a P/E/G ratio of 1.26 and a beta of 0.57. The company's fifty day moving average is $189.56 and its 200 day moving average is $192.01. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.17. Toyota Motor has a fifty-two week low of $166.10 and a fifty-two week high of $248.90.

Institutional Trading of Toyota Motor

Several large investors have recently bought and sold shares of TM. Fisher Asset Management LLC boosted 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 valued at $1,497,494,000 after acquiring an additional 86,474 shares during the last quarter. Natixis Advisors LLC lifted its position in 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. Clark Capital Management Group Inc. lifted its position in Toyota Motor by 28.4% during the fourth quarter. Clark Capital Management Group Inc. now owns 424,296 shares of the company's stock valued at $90,825,000 after purchasing an additional 93,863 shares during the period. Cullen Capital Management LLC boosted its holdings in Toyota Motor by 19.9% in the fourth quarter. Cullen Capital Management LLC now owns 236,355 shares of the company's stock valued at $50,594,000 after purchasing an additional 39,241 shares during the last quarter. Finally, Royal Bank of Canada grew its position in Toyota Motor by 19.0% during the 1st quarter. Royal Bank of Canada now owns 237,220 shares of the company's stock worth $48,888,000 after purchasing an additional 37,893 shares during the period. Hedge funds and other institutional investors own 1.48% of the company's stock.

Insiders Place Their Bets

In related news, President Kenta Kon purchased 85,000 shares of the business's stock in a transaction dated 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 acquisition, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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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