FY2018 EPS Estimates for Toyota Motor Corp Ltd Ord (TM) Increased by Analyst

Toyota Motor Corp Ltd Ord (NYSE:TM) – Equities research analysts at Jefferies Group lifted their FY2018 earnings estimates for Toyota Motor Corp Ltd Ord in a research note issued on Tuesday. Jefferies Group analyst T. Nakanishi now expects that the company will earn $11.71 per share for the year, up from their previous estimate of $10.72. Jefferies Group currently has a “Hold” rating and a $116.00 price target on the stock.

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TM has been the topic of a number of other reports. Zacks Investment Research raised Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a research note on Monday, June 5th. BidaskClub raised Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a research note on Monday, July 31st. TheStreet raised Toyota Motor Corp Ltd Ord from a “c+” rating to a “b” rating in a research note on Wednesday, May 10th. Bank of America Corporation lowered Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 price objective on the stock. in a research note on Tuesday, July 11th. Finally, Daiwa Capital Markets lowered Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a research note on Wednesday, June 28th. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. Toyota Motor Corp Ltd Ord has a consensus rating of “Hold” and an average price target of $115.07.

Shares of Toyota Motor Corp Ltd Ord (NYSE:TM) traded up 0.41% during mid-day trading on Thursday, reaching $111.91. The company’s stock had a trading volume of 61,471 shares. Toyota Motor Corp Ltd Ord has a 12 month low of $103.62 and a 12 month high of $123.18. The company has a 50-day moving average of $110.67 and a 200-day moving average of $109.75. The firm has a market cap of $166.46 billion, a PE ratio of 9.93 and a beta of 0.62.

Several large investors have recently added to or reduced their stakes in TM. UBS Asset Management Americas Inc. increased its stake in Toyota Motor Corp Ltd Ord by 2.7% in the fourth quarter. UBS Asset Management Americas Inc. now owns 53,646 shares of the company’s stock valued at $6,287,000 after buying an additional 1,398 shares in the last quarter. Fox Run Management L.L.C. purchased a new stake in Toyota Motor Corp Ltd Ord during the first quarter valued at approximately $478,000. Americafirst Capital Management LLC purchased a new stake in Toyota Motor Corp Ltd Ord during the first quarter valued at approximately $174,000. Johanson Financial Advisors Inc. purchased a new stake in Toyota Motor Corp Ltd Ord during the first quarter valued at approximately $294,000. Finally, Gilman Hill Asset Management LLC increased its stake in Toyota Motor Corp Ltd Ord by 28.4% in the first quarter. Gilman Hill Asset Management LLC now owns 8,090 shares of the company’s stock valued at $879,000 after buying an additional 1,790 shares in the last quarter. Hedge funds and other institutional investors own 0.92% of the company’s stock.

About Toyota Motor Corp Ltd Ord

Toyota Motor Corporation (Toyota) conducts business in the automotive industry. The Company also conducts business in finance and other industries. The Company’s segments include Automotive, Financial Services and All Other. Toyota sells its vehicles in approximately 190 countries and regions. Toyota’s markets for its automobiles are Japan, North America, Europe and Asia.

Earnings History and Estimates for Toyota Motor Corp Ltd Ord (NYSE:TM)

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