Toyota Motor (NYSE:TM) Stock Rating Upgraded by Zacks Research

Key Points

• Zacks Research upgraded Toyota Motor's stock rating from "strong sell" to "hold" in a recent report, reflecting a shift in analyst sentiment.
• This upgrade comes amidst mixed analyst ratings, with two recommending a buy, two a hold, and one a sell on the stock.
• Toyota Motor reported earnings per share (EPS) of $4.47, missing estimates, but surpassed revenue expectations with $83.13 billion for the quarter.

Toyota Motor (NYSE:TM - Get Free Report) was upgraded by Zacks Research from a "strong sell" rating to a "hold" rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also recently issued reports on TM. DZ Bank cut Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. Sanford C. Bernstein upgraded Toyota Motor from a "market perform" rating to an "outperform" rating in a research note on Monday, August 18th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Toyota Motor currently has an average rating of "Hold".

Toyota Motor Stock Performance

Shares of TM opened at $196.65 on Tuesday. The business's fifty day moving average price is $181.30 and its 200 day moving average price is $182.29. Toyota Motor has a 12-month low of $155.00 and a 12-month high of $201.80. The stock has a market capitalization of $264.97 billion, a PE ratio of 9.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.11.

Toyota Motor (NYSE:TM - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $4.47 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.67 by ($0.20). The company had revenue of $83.13 billion during the quarter, compared to the consensus estimate of $81.73 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 14.100-14.100 EPS. Equities research analysts forecast that Toyota Motor will post 19.76 EPS for the current year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of TM. Private Trust Co. NA increased its holdings in shares of Toyota Motor by 143.9% during the first quarter. Private Trust Co. NA now owns 139 shares of the company's stock valued at $25,000 after purchasing an additional 82 shares during the period. Wood Tarver Financial Group LLC acquired a new position in Toyota Motor during the fourth quarter worth about $29,000. Parvin Asset Management LLC acquired a new position in Toyota Motor during the fourth quarter worth about $32,000. AlphaCore Capital LLC acquired a new position in Toyota Motor during the first quarter worth about $37,000. Finally, NewSquare Capital LLC grew its holdings in Toyota Motor by 65.7% during the second quarter. NewSquare Capital LLC now owns 227 shares of the company's stock worth $39,000 after acquiring an additional 90 shares during the period. 1.48% of the stock is owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.