Toyota Motor Corp Ltd Ord (NYSE:TM) – Research analysts at Jefferies Group cut their Q3 2018 EPS estimates for shares of Toyota Motor Corp Ltd Ord in a note issued to investors on Tuesday. Jefferies Group analyst T. Nakanishi now anticipates that the company will post earnings per share of $2.80 for the quarter, down from their prior forecast of $2.97. Jefferies Group currently has a “Hold” rating and a $116.00 price objective on the stock. Jefferies Group also issued estimates for Toyota Motor Corp Ltd Ord’s FY2019 earnings at $11.31 EPS and FY2020 earnings at $11.99 EPS.

Several other research analysts have also issued reports on the stock. Bank of America Corporation lowered shares of Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 price target for the company. in a report on Tuesday. BidaskClub upgraded shares of Toyota Motor Corp Ltd Ord from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Daiwa Capital Markets lowered shares of Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a report on Wednesday, June 28th. Zacks Investment Research upgraded shares of Toyota Motor Corp Ltd Ord from a “hold” rating to a “buy” rating and set a $118.00 price objective for the company in a research note on Friday, June 23rd. Finally, TheStreet upgraded shares of Toyota Motor Corp Ltd Ord from a “c+” rating to a “b” rating in a research note on Wednesday, May 10th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $114.07.

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Shares of Toyota Motor Corp Ltd Ord (NYSE TM) traded up 1.35% during mid-day trading on Wednesday, reaching $109.67. 191,390 shares of the company were exchanged. Toyota Motor Corp Ltd Ord has a 12 month low of $101.08 and a 12 month high of $123.18. The stock has a market capitalization of $163.12 billion, a P/E ratio of 10.25 and a beta of 0.60. The firm has a 50-day moving average price of $106.46 and a 200 day moving average price of $111.80.

Toyota Motor Corp Ltd Ord (NYSE:TM) last posted its quarterly earnings data on Wednesday, May 10th. The company reported $2.32 EPS for the quarter, missing the Zacks’ consensus estimate of $119.46 by $117.14. The company had revenue of $7,442.47 billion for the quarter, compared to analyst estimates of $6,993.26 billion. Toyota Motor Corp Ltd Ord had a net margin of 6.64% and a return on equity of 10.29%. Toyota Motor Corp Ltd Ord’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $38.38 EPS.

Several hedge funds have recently added to or reduced their stakes in TM. Heritage Investors Management Corp raised its stake in Toyota Motor Corp Ltd Ord by 1.3% in the second quarter. Heritage Investors Management Corp now owns 65,771 shares of the company’s stock valued at $6,907,000 after buying an additional 852 shares in the last quarter. Robinson Value Management Ltd. raised its stake in Toyota Motor Corp Ltd Ord by 6.6% in the second quarter. Robinson Value Management Ltd. now owns 14,895 shares of the company’s stock valued at $1,564,000 after buying an additional 921 shares in the last quarter. Proficio Capital Partners LLC raised its stake in Toyota Motor Corp Ltd Ord by 76.8% in the first quarter. Proficio Capital Partners LLC now owns 1,710 shares of the company’s stock valued at $184,000 after buying an additional 743 shares in the last quarter. Farmers National Bank raised its stake in Toyota Motor Corp Ltd Ord by 0.7% in the first quarter. Farmers National Bank now owns 4,406 shares of the company’s stock valued at $511,000 after buying an additional 29 shares in the last quarter. Finally, First Financial Equity Corporation bought a new stake in Toyota Motor Corp Ltd Ord during the first quarter valued at $268,000. Institutional investors own 0.92% of the company’s stock.

Toyota Motor Corp Ltd Ord Company Profile

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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