Zacks Research Lifts Earnings Estimates for Toyota Motor

Toyota Motor Co. (NYSE:TM - Free Report) - Equities research analysts at Zacks Research increased their FY2027 earnings per share (EPS) estimates for shares of Toyota Motor in a research note issued on Wednesday, June 4th. Zacks Research analyst R. Department now anticipates that the company will post earnings per share of $24.50 for the year, up from their previous estimate of $24.21. The consensus estimate for Toyota Motor's current full-year earnings is $19.76 per share. Zacks Research also issued estimates for Toyota Motor's FY2028 earnings at $28.26 EPS.

Toyota Motor (NYSE:TM - Get Free Report) last released its quarterly earnings results on Thursday, May 8th. The company reported $3.39 earnings per share for the quarter, topping analysts' consensus estimates of $2.92 by $0.47. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. The company had revenue of $81.09 billion during the quarter, compared to analysts' expectations of $78.47 billion.

Several other brokerages also recently issued reports on TM. Sanford C. Bernstein initiated coverage on Toyota Motor in a report on Monday, April 14th. They issued a "market perform" rating on the stock. DZ Bank downgraded shares of Toyota Motor from a "strong-buy" rating to a "strong sell" rating in a research note on Friday, May 9th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold".

Toyota Motor Stock Down 0.7%

Shares of NYSE:TM traded down $1.25 during mid-day trading on Friday, hitting $183.89. 335,816 shares of the company traded hands, compared to its average volume of 379,706. Toyota Motor has a 52-week low of $155.00 and a 52-week high of $208.86. The firm's 50 day simple moving average is $181.82 and its 200 day simple moving average is $183.09. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The firm has a market cap of $247.78 billion, a P/E ratio of 7.59, a PEG ratio of 0.35 and a beta of 0.65.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of TM. Brighton Jones LLC raised its holdings in Toyota Motor by 21.8% in the 4th quarter. Brighton Jones LLC now owns 2,658 shares of the company's stock valued at $517,000 after acquiring an additional 476 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in shares of Toyota Motor by 10.0% in the fourth quarter. DAVENPORT & Co LLC now owns 1,996 shares of the company's stock valued at $388,000 after purchasing an additional 182 shares in the last quarter. Choreo LLC lifted its position in shares of Toyota Motor by 29.9% during the fourth quarter. Choreo LLC now owns 10,142 shares of the company's stock valued at $1,984,000 after purchasing an additional 2,336 shares in the last quarter. Bleakley Financial Group LLC lifted its holdings in Toyota Motor by 3.3% during the fourth quarter. Bleakley Financial Group LLC now owns 2,441 shares of the company's stock worth $475,000 after acquiring an additional 79 shares during the period. Finally, Adero Partners LLC bought a new stake in shares of Toyota Motor in the fourth quarter valued at $266,000. 1.48% of the stock is currently owned by institutional investors.

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.