Toyota Motor Co. (NYSE:TM – Get Rating) has received an average recommendation of “Hold” from the six analysts that are currently covering the company, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $1,239.71.
A number of research analysts have issued reports on the stock. Jefferies Financial Group increased their target price on shares of Toyota Motor from $177.49 to $179.41 and gave the stock a “hold” rating in a research report on Thursday, July 7th. StockNews.com lowered Toyota Motor from a “buy” rating to a “hold” rating in a research note on Wednesday, August 3rd. Macquarie cut Toyota Motor from an “outperform” rating to a “neutral” rating in a report on Friday, July 15th. JPMorgan Chase & Co. raised Toyota Motor from a “neutral” rating to an “overweight” rating in a report on Tuesday, May 31st. Finally, UBS Group dropped their price target on Toyota Motor from 2,500.00 to 2,300.00 in a research note on Wednesday, July 13th.
Toyota Motor Stock Performance
TM opened at $156.20 on Tuesday. 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 capitalization of $218.36 billion, a PE ratio of 9.41, a price-to-earnings-growth ratio of 0.94 and a beta of 0.51. The business has a fifty day simple moving average of $158.95 and a 200 day simple moving average of $169.95. Toyota Motor has a 1 year low of $152.14 and a 1 year high of $213.74.
Toyota Motor (NYSE:TM – Get Rating) last announced its earnings results on Wednesday, May 11th. The company reported $3.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.94. Toyota Motor had a net margin of 8.42% and a return on equity of 9.98%. The company had revenue of $69.82 billion during the quarter, compared to analysts’ expectations of $68.20 billion. Research analysts expect that Toyota Motor will post 17.31 EPS for the current year.
Institutional Trading of Toyota Motor
Several institutional investors and hedge funds have recently modified their holdings of TM. Allspring Global Investments Holdings LLC acquired a new position in Toyota Motor during the 4th quarter worth approximately $185,000. Commonwealth Equity Services LLC increased its holdings in shares of Toyota Motor by 1.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,817 shares of the company’s stock worth $4,413,000 after buying an additional 227 shares in the last quarter. DA Davidson & CO. bought a new position in shares of Toyota Motor in the 4th quarter valued at $232,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Toyota Motor by 13.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 6,912 shares of the company’s stock valued at $1,281,000 after acquiring an additional 813 shares during the last quarter. Finally, HHM Wealth Advisors LLC boosted its holdings in shares of Toyota Motor by 2.2% during the 4th quarter. HHM Wealth Advisors LLC now owns 3,701 shares of the company’s stock valued at $686,000 after acquiring an additional 80 shares in the last quarter. 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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