Toyota Motor (NYSE:TM) Rating Increased to Outperform at Macquarie

Toyota Motor (NYSE:TM) was upgraded by equities research analysts at Macquarie from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday.

Separately, StockNews.com raised Toyota Motor from a “sell” rating to a “hold” rating in a research note on Tuesday, January 7th.

Toyota Motor Price Performance

Shares of NYSE TM opened at $183.87 on Tuesday. The business has a fifty day moving average price of $182.80 and a two-hundred day moving average price of $180.33. The stock has a market capitalization of $247.75 billion, a PE ratio of 8.73, a P/E/G ratio of 0.36 and a beta of 0.63. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.23 and a quick ratio of 1.07. Toyota Motor has a fifty-two week low of $159.04 and a fifty-two week high of $255.23.

Toyota Motor (NYSE:TM) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $2.90 earnings per share for the quarter, missing the consensus estimate of $4.39 by ($1.49). The firm had revenue of $76.92 billion for the quarter, compared to the consensus estimate of $79.78 billion. Toyota Motor had a return on equity of 12.02% and a net margin of 9.17%. As a group, equities analysts predict that Toyota Motor will post 19.76 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Squarepoint Ops LLC bought a new stake in shares of Toyota Motor during the second quarter worth about $753,000. AQR Capital Management LLC boosted its position in Toyota Motor by 88.3% during the 2nd quarter. AQR Capital Management LLC now owns 3,619 shares of the company’s stock worth $742,000 after buying an additional 1,697 shares during the period. Truist Financial Corp grew its holdings in Toyota Motor by 6.5% during the 2nd quarter. Truist Financial Corp now owns 9,019 shares of the company’s stock worth $1,849,000 after acquiring an additional 550 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in Toyota Motor in the 2nd quarter valued at approximately $1,880,000. Finally, Dynamic Advisor Solutions LLC raised its stake in shares of Toyota Motor by 9.5% during the third quarter. Dynamic Advisor Solutions LLC now owns 4,951 shares of the company’s stock valued at $884,000 after acquiring an additional 431 shares during the last quarter. 1.48% of the stock is currently owned by institutional investors and hedge funds.

Toyota Motor Company Profile

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.