Toyota Motor Corporation (NYSE:TM) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Toyota Motor Corporation (NYSE:TM - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $290.00.

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Several analysts have recently commented on TM shares. Weiss Ratings cut Toyota Motor from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, July 31st. Zacks Research raised shares of Toyota Motor from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, Freedom Capital raised shares of Toyota Motor from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 14th.

Read Our Latest Report on TM

Toyota Motor Price Performance

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Shares of TM stock opened at $197.33 on Monday. Toyota Motor has a one year low of $166.10 and a one year high of $248.90. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.17 and a quick ratio of 1.00. The stock's fifty day simple moving average is $185.30 and its 200 day simple moving average is $195.64. The firm has a market cap of $257.19 billion, a price-to-earnings ratio of 8.70, a P/E/G ratio of 1.31 and a beta of 0.57.

Toyota Motor (NYSE:TM - Get Free Report) last announced its earnings results on Tuesday, June 30th. The company reported $7.42 earnings per share (EPS) for the quarter. The business had revenue of $83.16 billion during the quarter. Toyota Motor had a net margin of 8.61% and a return on equity of 11.21%. On average, analysts expect that Toyota Motor will post 20.08 earnings per share for the current fiscal year.

Insider Buying and Selling

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In other news, President Kenta Kon purchased 85,000 shares of Toyota Motor stock in a transaction dated Wednesday, August 5th. The shares were bought at an average cost of $18.41 per share, with a total value of $1,564,850.00. Following the completion of the transaction, the president directly owned 148,100 shares in the company, valued at $2,726,521. This trade represents a 134.71% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Institutional Investors Weigh In On Toyota Motor

A number of hedge funds have recently modified their holdings of TM. Fisher Asset Management LLC raised its holdings in shares of Toyota Motor by 1.3% during the fourth quarter. Fisher Asset Management LLC now owns 6,995,672 shares of the company's stock worth $1,497,494,000 after acquiring an additional 86,474 shares during the period. Morgan Stanley increased its stake in Toyota Motor by 13.0% in the 4th quarter. Morgan Stanley now owns 2,421,645 shares of the company's stock valued at $518,378,000 after buying an additional 279,110 shares during the last quarter. Bank of America Corp DE lifted its position in Toyota Motor by 4.9% during the 3rd quarter. Bank of America Corp DE now owns 1,465,611 shares of the company's stock worth $280,064,000 after buying an additional 67,943 shares in the last quarter. Northern Trust Corp raised its holdings in Toyota Motor by 3.6% during the third quarter. Northern Trust Corp now owns 1,051,468 shares of the company's stock worth $200,925,000 after acquiring an additional 36,207 shares in the last quarter. Finally, Natixis Advisors LLC raised its stake in shares of Toyota Motor by 14.3% during the 4th quarter. Natixis Advisors LLC now owns 532,334 shares of the company's stock worth $113,951,000 after purchasing an additional 66,695 shares in the last quarter. Institutional investors and hedge funds own 1.48% of the company's stock.

Toyota Motor Company Profile

(Get Free Report)

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.

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