Toyota Motor Co. (NYSE:TM) Given Consensus Recommendation of “Hold” by Brokerages

Toyota Motor Co. (NYSE:TM) has been assigned an average rating of “Hold” from the five analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company.

A number of research analysts recently weighed in on TM shares. Sanford C. Bernstein started coverage on Toyota Motor in a report on Monday, April 14th. They set a “market perform” rating on the stock. DZ Bank lowered Toyota Motor from a “strong-buy” rating to a “strong sell” rating in a report on Friday, May 9th.

Institutional Trading of Toyota Motor

Institutional investors and hedge funds have recently made changes to their positions in the stock. Strategic Financial Concepts LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at $2,140,000. SVB Wealth LLC purchased a new stake in shares of Toyota Motor in the fourth quarter valued at $447,000. Charles Schwab Investment Management Inc. lifted its position in Toyota Motor by 17.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 71,891 shares of the company’s stock worth $13,991,000 after buying an additional 10,576 shares during the period. Atria Wealth Solutions Inc. lifted its position in Toyota Motor by 119.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 2,556 shares of the company’s stock worth $498,000 after buying an additional 1,390 shares during the period. Finally, JPMorgan Chase & Co. lifted its position in Toyota Motor by 14.9% during the fourth quarter. JPMorgan Chase & Co. now owns 59,802 shares of the company’s stock worth $11,638,000 after buying an additional 7,744 shares during the period. 1.48% of the stock is currently owned by hedge funds and other institutional investors.

Toyota Motor Price Performance

TM stock opened at $182.70 on Friday. The business has a 50 day moving average price of $182.77 and a 200 day moving average price of $183.17. The stock has a market cap of $246.17 billion, a price-to-earnings ratio of 7.54, a PEG ratio of 0.35 and a beta of 0.65. Toyota Motor has a fifty-two week low of $155.00 and a fifty-two week high of $208.86. The company has a quick ratio of 1.06, a current ratio of 1.21 and a debt-to-equity ratio of 0.64.

Toyota Motor (NYSE:TM) last released its quarterly earnings results on Thursday, May 8th. The company reported $3.39 EPS for the quarter, topping the consensus estimate of $2.92 by $0.47. The company had revenue of $81.09 billion for the quarter, compared to analyst estimates of $78.47 billion. Toyota Motor had a return on equity of 14.00% and a net margin of 10.86%. Equities research analysts anticipate that Toyota Motor will post 19.76 earnings per share for the current fiscal year.

Toyota Motor Company Profile

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.