A number of research firms have weighed in on TM. JPMorgan Chase & Co. upgraded Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Tuesday, May 31st. UBS Group decreased their price target on Toyota Motor from 2,500.00 to 2,300.00 in a report on Wednesday, July 13th. Macquarie cut Toyota Motor from an “outperform” rating to a “neutral” rating in a report on Friday, July 15th. Jefferies Financial Group upped their target price on Toyota Motor from $177.49 to $179.41 and gave the company a “hold” rating in a research report on Thursday, July 7th. Finally, StockNews.com lowered Toyota Motor from a “buy” rating to a “hold” rating in a research report on Wednesday, August 3rd.
Toyota Motor Trading Down 0.7 %
NYSE TM opened at $156.20 on Tuesday. Toyota Motor has a 12 month low of $152.14 and a 12 month high of $213.74. The company has a 50-day moving average of $158.95 and a 200-day moving average of $169.95. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.10 and a quick ratio of 0.92. The company has a market cap of $218.36 billion, a P/E ratio of 9.41, a P/E/G ratio of 0.94 and a beta of 0.51.
Toyota Motor (NYSE:TM – Get Rating) last issued its earnings results on Wednesday, May 11th. The company reported $3.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.40 by $0.94. Toyota Motor had a return on equity of 9.98% and a net margin of 8.42%. The business had revenue of $69.82 billion during the quarter, compared to analysts’ expectations of $68.20 billion. As a group, equities analysts predict that Toyota Motor will post 17.31 earnings per share for the current year.
Institutional Trading of Toyota Motor
Hedge funds have recently bought and sold shares of the company. Resources Investment Advisors LLC. increased its stake in Toyota Motor by 27.0% during the 2nd quarter. Resources Investment Advisors LLC. now owns 2,501 shares of the company’s stock valued at $386,000 after buying an additional 532 shares during the period. HHM Wealth Advisors LLC increased its stake in Toyota Motor by 5.4% during the 2nd quarter. HHM Wealth Advisors LLC now owns 3,975 shares of the company’s stock valued at $613,000 after buying an additional 204 shares during the period. Oppenheimer Asset Management Inc. increased its stake in Toyota Motor by 3.4% during the 2nd quarter. Oppenheimer Asset Management Inc. now owns 50,365 shares of the company’s stock valued at $7,764,000 after buying an additional 1,665 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Toyota Motor during the 2nd quarter valued at about $230,000. Finally, Legacy Financial Advisors Inc. increased its stake in Toyota Motor by 18.6% during the 2nd quarter. Legacy Financial Advisors Inc. now owns 2,330 shares of the company’s stock valued at $359,000 after buying an additional 366 shares during the period. 1.20% of the stock is currently owned by institutional investors.
About Toyota Engine
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names.
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