Toyota Motor Corporation (NYSE:TM) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Key Points

• Consensus "Moderate Buy": Seven analysts cover Toyota with a consensus rating of "Moderate Buy" (3 holds, 2 buys, 2 strong buys) and an average 12‑month price target of $290.
• Toyota opened at $188.38 (market cap $245.5B) with a P/E of 9.93; last quarter EPS of $6.26 beat estimates of $4.35 while revenue of $76.37B missed expectations of $82B.

Toyota Motor Corporation (NYSE:TM - Get Free Report) has earned a consensus rating of "Moderate Buy" from the seven research firms that are currently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $290.00.

A number of research analysts have recently commented on the company. Erste Group Bank cut Toyota Motor from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. DZ Bank raised Toyota Motor from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, March 2nd. BNP Paribas Exane began coverage on Toyota Motor in a research note on Thursday, February 12th. They issued an "outperform" rating and a $290.00 price objective on the stock. Morgan Stanley began coverage on Toyota Motor in a research note on Friday. They issued an "equal weight" rating on the stock. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of Toyota Motor in a research note on Monday, April 20th.

Toyota Motor Trading Down 0.2%

TM opened at $188.38 on Tuesday. The stock has a market cap of $245.52 billion, a price-to-earnings ratio of 9.93 and a beta of 0.58. The stock's 50 day moving average price is $213.98 and its 200-day moving average price is $214.52. Toyota Motor has a one year low of $167.18 and a one year high of $248.90. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.12 and a current ratio of 1.26.

Toyota Motor (NYSE:TM - Get Free Report) last released its earnings results on Saturday, February 7th. The company reported $6.26 EPS for the quarter, beating analysts' consensus estimates of $4.35 by $1.91. The firm had revenue of $76.37 billion for the quarter, compared to analysts' expectations of $82 billion. Toyota Motor had a return on equity of 9.67% and a net margin of 7.32%. On average, equities analysts forecast that Toyota Motor will post 18 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in Toyota Motor in the third quarter worth approximately $26,000. Highline Wealth Partners LLC grew its stake in Toyota Motor by 92.4% in the fourth quarter. Highline Wealth Partners LLC now owns 152 shares of the company's stock worth $33,000 after purchasing an additional 73 shares in the last quarter. International Assets Investment Management LLC bought a new position in Toyota Motor in the first quarter worth approximately $33,000. Cornerstone Planning Group LLC grew its stake in Toyota Motor by 37.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company's stock worth $38,000 after purchasing an additional 48 shares in the last quarter. Finally, Larson Financial Group LLC grew its stake in Toyota Motor by 302.1% in the fourth quarter. Larson Financial Group LLC now owns 189 shares of the company's stock worth $40,000 after purchasing an additional 142 shares in the last quarter. 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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