Toyota Motor (NYSE:TM) Shares Gap Up - What's Next?

Toyota Motor Co. (NYSE:TM - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $186.11, but opened at $190.14. Toyota Motor shares last traded at $189.98, with a volume of 48,319 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Macquarie upgraded Toyota Motor from a "neutral" rating to an "outperform" rating in a research note on Tuesday, February 4th. DZ Bank downgraded Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research report on Friday, May 9th. Sanford C. Bernstein began coverage on Toyota Motor in a report on Monday, April 14th. They set a "market perform" rating on the stock. Finally, CLSA downgraded shares of Toyota Motor from an "outperform" rating to a "hold" rating in a report on Wednesday, February 5th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold".

Toyota Motor Stock Performance

The stock has a market cap of $256.87 billion, a price-to-earnings ratio of 7.87, a P/E/G ratio of 0.35 and a beta of 0.66. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64. The company has a 50 day simple moving average of $181.13 and a 200 day simple moving average of $182.55.

Toyota Motor (NYSE:TM - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported $3.39 EPS for the quarter, beating the consensus estimate of $2.92 by $0.47. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. The business had revenue of $81.09 billion during the quarter, compared to the consensus estimate of $78.47 billion. As a group, equities research analysts forecast that Toyota Motor Co. will post 19.76 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Private Trust Co. NA grew its position in shares of Toyota Motor by 143.9% in the 1st quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after buying an additional 82 shares during the last quarter. Wood Tarver Financial Group LLC bought a new stake in Toyota Motor in the fourth quarter valued at approximately $29,000. Parvin Asset Management LLC bought a new stake in Toyota Motor in the fourth quarter valued at approximately $32,000. AlphaCore Capital LLC acquired a new stake in Toyota Motor during the 1st quarter valued at approximately $37,000. Finally, Roxbury Financial LLC bought a new position in Toyota Motor during the 4th quarter worth approximately $41,000. Institutional investors own 1.48% of the company's stock.

Toyota Motor Company Profile

Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. It operates in Automotive, Financial Services, and All Other segments.