Toyota Motor (NYSE:TM) Raised to “Buy” at Wall Street Zen

Toyota Motor (NYSE:TM) was upgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Saturday.

TM has been the topic of a number of other reports. Zacks Research downgraded shares of Toyota Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, October 27th. Erste Group Bank raised Toyota Motor from a “hold” rating to a “buy” rating in a research note on Friday, October 31st. Sanford C. Bernstein upgraded Toyota Motor from a “market perform” rating to an “outperform” rating in a report on Monday, August 18th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Toyota Motor in a report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold”.

Toyota Motor Stock Performance

Shares of Toyota Motor stock opened at $202.02 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 0.62. The stock’s fifty day moving average is $198.84 and its two-hundred day moving average is $188.99. Toyota Motor has a 52 week low of $155.00 and a 52 week high of $211.24. The company has a market capitalization of $272.20 billion, a PE ratio of 9.74 and a beta of 0.63.

Toyota Motor (NYSE:TM) last issued its earnings results on Wednesday, November 5th. The company reported $4.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.36 by $1.49. The firm had revenue of $80.69 billion during the quarter, compared to analyst estimates of $79.06 billion. Toyota Motor had a net margin of 8.77% and a return on equity of 11.63%. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. As a group, analysts expect that Toyota Motor will post 19.76 earnings per share for the current year.

Hedge Funds Weigh In On Toyota Motor

Several institutional investors and hedge funds have recently added to or reduced their stakes in TM. Fiera Capital Corp bought a new stake in shares of Toyota Motor in the 3rd quarter valued at about $261,000. Syon Capital LLC lifted its position in Toyota Motor by 17.2% during the third quarter. Syon Capital LLC now owns 5,157 shares of the company’s stock valued at $985,000 after acquiring an additional 757 shares during the last quarter. Advisors Capital Management LLC acquired a new stake in Toyota Motor in the third quarter valued at approximately $223,000. Axxcess Wealth Management LLC boosted its stake in Toyota Motor by 13.1% in the third quarter. Axxcess Wealth Management LLC now owns 4,298 shares of the company’s stock valued at $821,000 after acquiring an additional 497 shares in the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in Toyota Motor by 26.1% in the third quarter. JPMorgan Chase & Co. now owns 107,094 shares of the company’s stock worth $20,465,000 after purchasing an additional 22,177 shares during the last quarter. Hedge funds and other institutional investors own 1.48% of the company’s stock.

About Toyota Motor

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.