Toyota Motor Co. (NYSE:TM – Get Rating) has received a consensus rating of "Hold" from the six analysts that are covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $1,239.71.
A number of equities analysts have recently issued reports on TM shares. Macquarie downgraded Toyota Motor from an "outperform" rating to a "neutral" rating in a research report on Friday, July 15th. UBS Group decreased their price objective on Toyota Motor from 2,500.00 to 2,300.00 in a research note on Wednesday, July 13th. Jefferies Financial Group upped their price objective on Toyota Motor from $177.49 to $179.41 and gave the stock a "hold" rating in a research note on Thursday, July 7th. Finally, StockNews.com cut Toyota Motor from a "buy" rating to a "hold" rating in a research note on Friday, August 12th.
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Institutional Investors Weigh In On Toyota Motor
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Byrne Asset Management LLC purchased a new stake in Toyota Motor in the fourth quarter valued at about $26,000. Bank of New Hampshire raised its stake in Toyota Motor by 906.3% in the second quarter. Bank of New Hampshire now owns 161 shares of the company's stock valued at $25,000 after buying an additional 145 shares during the last quarter. Adirondack Trust Co. raised its stake in Toyota Motor by 75.0% in the second quarter. Adirondack Trust Co. now owns 175 shares of the company's stock valued at $27,000 after buying an additional 75 shares during the last quarter. Exane Derivatives purchased a new stake in Toyota Motor in the first quarter valued at about $38,000. Finally, Channing Global Advisors LLC purchased a new stake in Toyota Motor in the fourth quarter valued at about $44,000. 1.36% of the stock is currently owned by hedge funds and other institutional investors.
Toyota Motor Stock Performance
Shares of Toyota Motor stock opened at $139.85 on Wednesday. The stock's fifty day moving average is $149.22 and its two-hundred day moving average is $159.30. The company has a market capitalization of $195.51 billion, a PE ratio of 8.42, a price-to-earnings-growth ratio of 1.02 and a beta of 0.60. The company has a quick ratio of 0.92, a current ratio of 1.10 and a debt-to-equity ratio of 0.60. Toyota Motor has a 52 week low of $130.07 and a 52 week high of $213.74.
Toyota Motor (NYSE:TM – Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The company reported $4.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.77 by $0.37. Toyota Motor had a return on equity of 9.98% and a net margin of 8.42%. The business had revenue of $65.54 billion for the quarter, compared to the consensus estimate of $63.65 billion. As a group, analysts expect that Toyota Motor will post 16.19 earnings per share for the current year.
Toyota Motor Company Profile
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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.
Further Reading
- Get a free copy of the StockNews.com research report on Toyota Motor (TM)
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