Toyota Motor Corporation (NYSE:TM) Given Average Rating of “Moderate Buy” by Analysts

Toyota Motor Corporation (NYSE:TM) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, one has given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $290.00.

A number of brokerages have recently commented on TM. Weiss Ratings lowered shares of Toyota Motor from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, July 31st. Zacks Research raised shares of Toyota Motor from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th.

Insider Buying and Selling at Toyota Motor

In other news, President Kenta Kon bought 85,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average cost of $18.41 per share, for a total transaction of $1,564,850.00. Following the purchase, the president directly owned 148,100 shares in the company, valued at approximately $2,726,521. This trade represents a 134.71% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Institutional Trading of Toyota Motor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in Toyota Motor by 21.8% during the fourth quarter. Brighton Jones LLC now owns 2,658 shares of the company’s stock valued at $517,000 after purchasing an additional 476 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Toyota Motor by 57.9% during the first quarter. AQR Capital Management LLC now owns 11,512 shares of the company’s stock worth $2,032,000 after purchasing an additional 4,223 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of Toyota Motor by 123.4% during the second quarter. Baird Financial Group Inc. now owns 2,844 shares of the company’s stock worth $490,000 after purchasing an additional 1,571 shares in the last quarter. Marshall Wace LLP acquired a new position in shares of Toyota Motor during the 2nd quarter worth about $864,000. Finally, Brown Advisory Inc. lifted its stake in Toyota Motor by 17.7% in the 2nd quarter. Brown Advisory Inc. now owns 1,527 shares of the company’s stock valued at $263,000 after buying an additional 230 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company’s stock.

Toyota Motor Stock Up 3.1%

TM opened at $198.40 on Monday. The stock has a market cap of $258.58 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 1.27 and a beta of 0.57. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.00 and a current ratio of 1.17. The firm’s fifty day moving average is $187.54 and its 200 day moving average is $194.28. Toyota Motor has a fifty-two week low of $166.10 and a fifty-two week high of $248.90.

Toyota Motor (NYSE:TM) last released its earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. Toyota Motor had a return on equity of 11.21% and a net margin of 8.61%.The firm had revenue of $83.16 billion during the quarter. On average, sell-side analysts forecast that Toyota Motor will post 20.28 earnings per share for the current fiscal year.

Toyota Motor Company Profile

Toyota Motor Corporation is a Japan-based automotive company headquartered in Toyota City, Aichi Prefecture. Founded in 1937, the company develops, manufactures and sells passenger cars, trucks, commercial vehicles and related automotive components. Its principal brands include Toyota and Lexus, along with the performance-oriented GR sub-brand.

Toyota offers vehicles powered by internal combustion engines, hybrid-electric systems, plug-in hybrids, battery-electric powertrains and hydrogen fuel-cell technology.