Toyota Motor (NYSE:TM) Rating Reiterated by Erste Group Bank

Erste Group Bank restated their hold rating on shares of Toyota Motor (NYSE:TM) in a research note published on Friday morning, Benzinga reports.

Toyota Motor Trading Down 1.0 %

NYSE TM opened at $195.20 on Friday. Toyota Motor has a twelve month low of $152.78 and a twelve month high of $255.23. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.03 and a current ratio of 1.19. The stock has a market cap of $263.02 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 0.34 and a beta of 0.69. The firm’s 50 day moving average price is $222.11 and its two-hundred day moving average price is $216.76.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, May 8th. The company reported $4.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.91 by $2.08. The company had revenue of $74.56 billion during the quarter, compared to analyst estimates of $67.21 billion. Toyota Motor had a net margin of 10.99% and a return on equity of 14.82%. Equities analysts anticipate that Toyota Motor will post 22.07 EPS for the current year.

Institutional Investors Weigh In On Toyota Motor

A number of institutional investors have recently modified their holdings of the stock. Pathway Financial Advisers LLC acquired a new stake in shares of Toyota Motor in the 1st quarter valued at $30,000. Criterion Capital Advisors LLC acquired a new stake in shares of Toyota Motor in the 4th quarter valued at $26,000. Bfsg LLC acquired a new stake in shares of Toyota Motor in the 1st quarter valued at $38,000. Opal Wealth Advisors LLC acquired a new stake in shares of Toyota Motor in the 1st quarter valued at $45,000. Finally, Northwest Financial Advisors acquired a new stake in shares of Toyota Motor in the 4th quarter valued at $34,000. Institutional investors and hedge funds own 1.48% of the company’s stock.

About Toyota Motor

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.