Toyota Motor (NYSE:TM) Cut to Strong Sell at Zacks Research

Zacks Research cut shares of Toyota Motor (NYSE:TM) from a hold rating to a strong sell rating in a research note issued to investors on Thursday morning,Zacks.com reports.

Several other equities research analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Toyota Motor in a research note on Wednesday. Wall Street Zen cut shares of Toyota Motor from a “buy” rating to a “hold” rating in a report on Sunday, November 16th. Finally, Erste Group Bank raised shares of Toyota Motor from a “hold” rating to a “buy” rating in a research report on Friday, October 31st. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Toyota Motor has an average rating of “Hold”.

Toyota Motor Price Performance

Shares of NYSE TM opened at $226.46 on Thursday. Toyota Motor has a 1 year low of $155.00 and a 1 year high of $235.64. The stock has a market capitalization of $305.14 billion, a P/E ratio of 9.98 and a beta of 0.64. The company’s 50-day moving average is $211.57 and its 200 day moving average is $199.96. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.25 and a quick ratio of 1.10.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $4.85 earnings per share for the quarter, beating the consensus estimate of $3.36 by $1.49. Toyota Motor had a return on equity of 12.32% and a net margin of 9.33%.The business had revenue of $81.22 billion for the quarter, compared to analysts’ expectations of $79.06 billion. Toyota Motor has set its FY 2026 guidance at 15.249-15.249 EPS. On average, sell-side analysts expect that Toyota Motor will post 19.76 earnings per share for the current year.

Hedge Funds Weigh In On Toyota Motor

Hedge funds have recently bought and sold shares of the company. Root Financial Partners LLC bought a new stake in Toyota Motor during the 3rd quarter valued at about $26,000. Highline Wealth Partners LLC increased its position in shares of Toyota Motor by 92.4% during the fourth quarter. Highline Wealth Partners LLC now owns 152 shares of the company’s stock valued at $33,000 after acquiring an additional 73 shares in the last quarter. NewSquare Capital LLC increased its position in shares of Toyota Motor by 65.7% during the second quarter. NewSquare Capital LLC now owns 227 shares of the company’s stock valued at $39,000 after acquiring an additional 90 shares in the last quarter. Palisade Asset Management LLC purchased a new position in Toyota Motor in the 3rd quarter worth approximately $49,000. Finally, Bangor Savings Bank lifted its position in Toyota Motor by 27.8% in the 3rd quarter. Bangor Savings Bank now owns 267 shares of the company’s stock valued at $51,000 after acquiring an additional 58 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

Toyota Motor Company Profile

Toyota Motor Corporation is a global automotive manufacturer headquartered in Toyota City, Aichi, Japan. Founded in 1937 by Kiichiro Toyoda as an offshoot of Toyoda Automatic Loom Works, the company builds and sells a broad range of vehicles and related products under the Toyota and Lexus brands. Toyota’s operations encompass vehicle design, manufacturing, parts supply, and distribution through a worldwide dealer network, as well as complementary businesses such as vehicle financing and mobility services.

The company’s product lineup includes passenger cars, SUVs, pickup trucks, light commercial vehicles and heavy-duty commercial vehicles, along with engines and vehicle components.