Toyota Motor Corp Ltd Ord (NYSE:TM) was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Monday, July 31st.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research raised 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 report on Friday, June 23rd. Jefferies Group LLC reaffirmed a “hold” rating and set a $116.00 price objective on shares of Toyota Motor Corp Ltd Ord in a research report on Monday, April 3rd. TheStreet raised Toyota Motor Corp Ltd Ord from a “c+” rating to a “b” rating in a research report on Wednesday, May 10th. Bank of America Corporation cut Toyota Motor Corp Ltd Ord from a “neutral” rating to an “underperform” rating and set a $108.22 target price for the company. in a research report on Tuesday, July 11th. Finally, Daiwa Capital Markets cut Toyota Motor Corp Ltd Ord from an “outperform” rating to a “neutral” rating in a research report on Wednesday, June 28th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $115.07.

Shares of Toyota Motor Corp Ltd Ord (NYSE TM) traded down 0.23% during midday trading on Monday, reaching $112.12. The company’s stock had a trading volume of 355,285 shares. The stock’s 50-day moving average price is $109.81 and its 200-day moving average price is $109.91. 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 market cap of $166.77 billion, a P/E ratio of 9.95 and a beta of 0.62.

Toyota Motor Corp Ltd Ord (NYSE:TM) last released its quarterly earnings data on Wednesday, May 10th. The company reported $2.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $119.46 by $117.14. The business 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 return on equity of 10.39% and a net margin of 6.74%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $38.38 earnings per share. On average, analysts expect that Toyota Motor Corp Ltd Ord will post $10.61 EPS for the current fiscal year.

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Several large investors have recently bought and sold shares of the company. Parallel Advisors LLC boosted its stake in Toyota Motor Corp Ltd Ord by 63.6% in the second quarter. Parallel Advisors LLC now owns 1,042 shares of the company’s stock valued at $118,000 after buying an additional 405 shares during the period. Exane Derivatives boosted its position in shares of Toyota Motor Corp Ltd Ord by 147,900.0% in the first quarter. Exane Derivatives now owns 1,480 shares of the company’s stock worth $161,000 after buying an additional 1,479 shares during the last quarter. Americafirst Capital Management LLC purchased a new position in shares of Toyota Motor Corp Ltd Ord during the first quarter worth $174,000. Proficio Capital Partners LLC boosted its position in shares of 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 worth $184,000 after buying an additional 743 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC boosted its position in shares of Toyota Motor Corp Ltd Ord by 1.9% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,882 shares of the company’s stock worth $204,000 after buying an additional 35 shares during the last quarter. Institutional investors and hedge funds own 0.93% 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.

Analyst Recommendations for Toyota Motor Corp Ltd Ord (NYSE:TM)

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