Toyota Motor (NYSE:TM) Rating Lowered to “Hold” at Freedom Broker

Toyota Motor (NYSE:TM) was downgraded by research analysts at Freedom Broker from a “buy” rating to a “hold” rating in a research note issued on Thursday, FinViz reports. They presently have a $230.00 target price on the stock. Freedom Broker‘s price target indicates a potential upside of 7.93% from the stock’s previous close.

Several other research analysts have also issued reports on TM. Erste Group Bank upgraded shares of Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 18th. Zacks Research upgraded Toyota Motor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 29th. Finally, Weiss Ratings upgraded Toyota Motor from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Four investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $260.00.

Toyota Motor Price Performance

TM stock opened at $213.10 on Thursday. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.19 and a quick ratio of 1.03. Toyota Motor has a one year low of $166.10 and a one year high of $248.90. The stock has a market cap of $277.75 billion, a PE ratio of 9.72, a P/E/G ratio of 1.36 and a beta of 0.62. The firm has a 50 day simple moving average of $194.38 and a two-hundred day simple moving average of $198.41.

Toyota Motor (NYSE:TM) last issued its quarterly earnings results on Thursday, November 5th. The company reported $4.10 EPS for the quarter, topping analysts’ consensus estimates of $3.37 by $0.73. The firm had revenue of $87.97 billion for the quarter, compared to analyst estimates of $84.74 billion. Toyota Motor had a net margin of 8.14% and a return on equity of 10.83%. On average, analysts predict that Toyota Motor will post 21.17 EPS for the current fiscal year.

Hedge Funds Weigh In On Toyota Motor

Large investors have recently added to or reduced their stakes in the business. Compass Financial Management LLC bought a new stake in Toyota Motor in the second quarter worth $25,000. West Financial Advisors LLC bought a new position in shares of Toyota Motor during the third quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Toyota Motor by 418.5% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 140 shares of the company’s stock valued at $29,000 after buying an additional 113 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in shares of Toyota Motor by 111.0% during the third quarter. Physician Wealth Advisors Inc. now owns 154 shares of the company’s stock valued at $28,000 after buying an additional 81 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in shares of Toyota Motor in the first quarter worth about $33,000. Hedge funds and other institutional investors own 1.48% of the company’s stock.

Key Stories Impacting Toyota Motor

Investors following TM have been watching these stories:

• Positive Sentiment: Toyota plans to bring its compact KEI-01 utility truck to the U.S. in the second half of 2027 under the Scion by Toyota brand, with assembly at its Indiana plant. The move could broaden Toyota’s product lineup and use domestic manufacturing capacity. Toyota to bring mini trucks to US market Toyota introduces Scion by Toyota and KEI-01
• Neutral Sentiment: The KEI-01 is designed to meet requirements for a low-speed vehicle, and initial distribution will focus on fleet customers through a small dealer network. That targeted launch may limit near-term sales, and the vehicle is not expected until 2027.
• Negative Sentiment: Short interest rose 48% in the second half of October to about 1.75 million shares. Although only roughly 0.1% of shares are short, the increase suggests some investors are becoming more cautious.

Toyota Motor Company Profile

Toyota Motor Corporation is a Japanese automotive manufacturer founded in 1937 by Kiichiro Toyoda. The company designs, manufactures, and sells vehicles under the Toyota and Lexus brands, including passenger cars, SUVs, trucks, and commercial vehicles. Toyota offers vehicles with a range of powertrains, including conventional engines, hybrids, plug-in hybrids, battery-electric systems, and fuel-cell technology. Its other businesses include automotive financing and services related to mobility and vehicle ownership.