Toyota Motor FY2027 EPS Forecast Reduced by Erste Group Bank

Toyota Motor Corporation (NYSE:TM) – Research analysts at Erste Group Bank dropped their FY2027 earnings per share estimates for shares of Toyota Motor in a research note issued to investors on Friday, June 5th. Erste Group Bank analyst S. Lingnau now forecasts that the company will post earnings of $18.95 per share for the year, down from their prior estimate of $20.15. Erste Group Bank currently has a “Hold” rating on the stock. The consensus estimate for Toyota Motor’s current full-year earnings is $21.66 per share.

Other research analysts also recently issued research reports about the company. Weiss Ratings restated a “hold (c)” rating on shares of Toyota Motor in a report on Monday, April 20th. BNP Paribas Exane began coverage on Toyota Motor in a report on Thursday, February 12th. They set an “outperform” rating and a $290.00 price target on the stock. Morgan Stanley began coverage on Toyota Motor in a report on Friday, May 1st. They set an “equal weight” rating on the stock. DZ Bank upgraded Toyota Motor from a “strong sell” rating to a “strong-buy” rating in a report on Monday, March 2nd. Finally, Zacks Research downgraded Toyota Motor from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Toyota Motor currently has an average rating of “Moderate Buy” and an average price target of $290.00.

Toyota Motor Stock Up 1.8%

Shares of NYSE:TM opened at $175.07 on Friday. Toyota Motor has a 1 year low of $167.18 and a 1 year high of $248.90. The company has a market cap of $228.17 billion, a PE ratio of 8.94 and a beta of 0.56. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.27 and a quick ratio of 1.12. The stock’s 50-day moving average is $194.06 and its 200 day moving average is $211.19.

Toyota Motor (NYSE:TM) last released its earnings results on Tuesday, March 31st. The company reported $3.80 earnings per share for the quarter. Toyota Motor had a return on equity of 9.74% and a net margin of 7.59%.The company had revenue of $76.81 billion during the quarter.

Hedge Funds Weigh In On Toyota Motor

Several hedge funds and other institutional investors have recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Toyota Motor by 418.5% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock worth $29,000 after purchasing an additional 113 shares during the period. Highline Wealth Partners LLC raised its holdings in Toyota Motor by 92.4% in the 4th quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock worth $33,000 after purchasing an additional 73 shares during the period. International Assets Investment Management LLC bought a new position in Toyota Motor in the 1st quarter worth $33,000. Cornerstone Planning Group LLC raised its holdings in Toyota Motor by 37.8% in the 4th quarter. Cornerstone Planning Group LLC now owns 175 shares of the company’s stock worth $38,000 after purchasing an additional 48 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Toyota Motor by 302.1% in the 4th quarter. Larson Financial Group LLC now owns 189 shares of the company’s stock worth $40,000 after purchasing an additional 142 shares during the period. 1.48% of the stock is owned by institutional investors.

About Toyota Motor

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.