Toyota Motor FY2027 EPS Forecast Lowered by Erste Group Bank

Key Points

• Erste Group slightly cut its FY2027 EPS estimate for Toyota to $21.01 from $21.04 and maintained a "Hold" rating on the stock.
• Toyota reported an EPS beat for the most recent quarter ($6.26 vs. $4.35 expected) but missed on revenue ($76.37B vs. $82B expected).
• Shares were trading down about 1.9% around $210.93, with a P/E of 11.12 and market cap of $274.9B, while analyst consensus is a "Moderate Buy" with an average price target of $290.00.

Toyota Motor Corporation (NYSE:TM - Free Report) - Equities researchers at Erste Group Bank dropped their FY2027 earnings per share estimates for Toyota Motor in a research note issued on Thursday, April 2nd. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings per share of $21.01 for the year, down from their previous estimate of $21.04. Erste Group Bank currently has a "Hold" rating on the stock. The consensus estimate for Toyota Motor's current full-year earnings is $19.76 per share.

Other research analysts have also recently issued research reports about the stock. Weiss Ratings reissued a "hold (c)" rating on shares of Toyota Motor in a research report on Wednesday, January 21st. BNP Paribas Exane assumed coverage on shares of Toyota Motor in a research report on Thursday, February 12th. They set an "outperform" rating and a $290.00 price target on the stock. Zacks Research upgraded Toyota Motor from a "strong sell" rating to a "hold" rating in a research report on Tuesday, February 3rd. Finally, DZ Bank upgraded Toyota Motor from a "strong sell" rating to a "strong-buy" rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $290.00.

Toyota Motor Trading Down 1.9%

Shares of TM stock opened at $210.93 on Friday. The company's 50-day moving average price is $225.02 and its 200-day moving average price is $213.35. The company has a current ratio of 1.26, a quick ratio of 1.12 and a debt-to-equity ratio of 0.63. The stock has a market cap of $274.91 billion, a price-to-earnings ratio of 11.12 and a beta of 0.66. Toyota Motor has a twelve month low of $163.71 and a twelve month high of $248.90.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings results on Saturday, February 7th. The company reported $6.26 EPS for the quarter, beating the consensus estimate of $4.35 by $1.91. The firm had revenue of $76.37 billion during 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%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. DeDora Capital Inc. grew its position in Toyota Motor by 2.1% in the fourth quarter. DeDora Capital Inc. now owns 2,141 shares of the company's stock worth $458,000 after acquiring an additional 45 shares during the period. Rehmann Capital Advisory Group grew its position in Toyota Motor by 3.2% in the fourth quarter. Rehmann Capital Advisory Group now owns 1,468 shares of the company's stock worth $314,000 after acquiring an additional 45 shares during the period. Independence Bank of Kentucky grew its position in Toyota Motor by 18.4% in the fourth quarter. Independence Bank of Kentucky now owns 296 shares of the company's stock worth $63,000 after acquiring an additional 46 shares during the period. Cornerstone Planning Group LLC boosted its position in shares of Toyota Motor by 37.8% during the fourth quarter. Cornerstone Planning Group LLC now owns 175 shares of the company's stock worth $38,000 after buying an additional 48 shares during the period. Finally, Wilmington Savings Fund Society FSB boosted its position in shares of Toyota Motor by 5.2% during the third quarter. Wilmington Savings Fund Society FSB now owns 1,020 shares of the company's stock worth $195,000 after buying an additional 50 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Company Profile

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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