Toyota Motor Corporation (NYSE:TM) Given Consensus Rating of "Moderate Buy" by Analysts

Key Points

• Analysts hold a “Moderate Buy” consensus on Toyota Motor, with two buy ratings, two strong-buy ratings and four holds. The average 12-month price target is $290, versus the stock’s reported opening price of $188.50.
• Toyota reported quarterly earnings of $7.42 per share on $83.16 billion in revenue, with an 8.61% net margin and 11.21% return on equity. Analysts expect full-year earnings of approximately $20.28 per share.
• President Kenta Kon purchased 85,000 shares for roughly $1.56 million, increasing his direct ownership by 134.71%; institutional investors collectively own 1.48% of the company.

Shares of Toyota Motor Corporation (NYSE:TM - Get Free Report) have received an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $290.00.

A number of research analysts have weighed in on TM shares. Weiss Ratings cut shares of Toyota Motor from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, July 31st. Freedom Capital upgraded shares of Toyota Motor from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 14th. Morgan Stanley began coverage on shares of Toyota Motor in a report on Friday, May 1st. They issued an "equal weight" rating on the stock. Finally, Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th.

Toyota Motor Trading Down 0.7%

NYSE TM opened at $188.50 on Thursday. The stock has a market capitalization of $245.68 billion, a price-to-earnings ratio of 8.31, a PEG ratio of 1.25 and a beta of 0.56. Toyota Motor has a one year low of $166.10 and a one year high of $248.90. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. The business's fifty day moving average is $178.56 and its 200-day moving average is $200.61.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share for the quarter. The company had revenue of $83.16 billion for the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. Equities research analysts predict that Toyota Motor will post 20.28 EPS for the current year.

Insider Activity

In other news, President Kenta Kon bought 85,000 shares of the stock in a transaction on Wednesday, August 5th. The shares were purchased at an average cost of $18.41 per share, for a total transaction of $1,564,850.00. Following the completion of the purchase, the president directly owned 148,100 shares in the company, valued at $2,726,521. This represents a 134.71% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Institutional Investors Weigh In On Toyota Motor

Large investors have recently added to or reduced their stakes in the company. Annis Gardner Whiting Capital Advisors LLC lifted its holdings in Toyota Motor by 418.5% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company's stock valued at $29,000 after purchasing an additional 113 shares during the last quarter. International Assets Investment Management LLC bought a new position in Toyota Motor during the first quarter worth about $33,000. Trust Co. of Vermont purchased a new position in shares of Toyota Motor in the second quarter worth about $33,000. Cornerstone Planning Group LLC raised its position in shares of Toyota Motor by 37.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company's stock valued at $38,000 after purchasing an additional 48 shares during the period. Finally, Larson Financial Group LLC raised its position in shares of Toyota Motor by 302.1% in the fourth quarter. Larson Financial Group LLC now owns 189 shares of the company's stock valued at $40,000 after purchasing an additional 142 shares during the period. Hedge funds and other institutional investors own 1.48% of the company's stock.

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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