Free Trial

Sanford C. Bernstein Initiates Coverage on Toyota Motor (NYSE:TM)

Toyota Motor logo with Auto/Tires/Trucks background

Stock analysts at Sanford C. Bernstein started coverage on shares of Toyota Motor (NYSE:TM - Get Free Report) in a note issued to investors on Monday, MarketBeat reports. The firm set a "market perform" rating on the stock.

A number of other research firms have also recently commented on TM. StockNews.com upgraded Toyota Motor from a "sell" rating to a "hold" rating in a research note on Tuesday, January 7th. Macquarie raised shares of Toyota Motor from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 4th. Finally, CLSA lowered Toyota Motor from an "outperform" rating to a "hold" rating in a research note on Wednesday, February 5th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, Toyota Motor currently has a consensus rating of "Hold".

Read Our Latest Report on Toyota Motor

Toyota Motor Stock Up 0.8 %

TM traded up $1.34 on Monday, hitting $176.44. The company had a trading volume of 330,044 shares, compared to its average volume of 364,981. The stock has a market capitalization of $237.74 billion, a price-to-earnings ratio of 7.29, a P/E/G ratio of 0.35 and a beta of 0.64. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.06 and a current ratio of 1.21. The stock has a fifty day moving average price of $180.33 and a 200-day moving average price of $179.79. Toyota Motor has a 12-month low of $155.00 and a 12-month high of $235.68.

Toyota Motor (NYSE:TM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $9.98 EPS for the quarter, topping the consensus estimate of $4.36 by $5.62. Toyota Motor had a net margin of 10.86% and a return on equity of 14.00%. Analysts predict that Toyota Motor will post 19.76 EPS for the current fiscal year.

Institutional Trading of Toyota Motor

A number of hedge funds and other institutional investors have recently made changes to their positions in TM. Wood Tarver Financial Group LLC acquired a new stake in shares of Toyota Motor during the 4th quarter worth approximately $29,000. Modus Advisors LLC purchased a new position in shares of Toyota Motor in the 4th quarter valued at about $31,000. Trust Co. of Vermont grew its stake in Toyota Motor by 113.3% in the 4th quarter. Trust Co. of Vermont now owns 160 shares of the company's stock valued at $31,000 after acquiring an additional 85 shares during the period. Parvin Asset Management LLC purchased a new stake in Toyota Motor in the 4th quarter valued at $32,000. Finally, Roxbury Financial LLC acquired a new stake in shares of Toyota Motor in the 4th quarter worth $41,000. Institutional investors and hedge funds own 1.48% of the company's stock.

About Toyota Motor

(Get Free Report)

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.

See Also

Should You Invest $1,000 in Toyota Motor Right Now?

Before you consider Toyota Motor, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Toyota Motor wasn't on the list.

While Toyota Motor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

5G Stocks: The Path Forward is Profitable Cover

Enter your email address and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy the Fear: 3 Down Stocks That Could 10x Your Profits
Congress Bought THESE Stocks as Tariffs Tanked the Market
5 Stocks to BUY Now as Tariff Uncertainty Fades

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines