Toyota Motor (NYSE:TM) Shares Gap Down to $193.55

Toyota Motor Co. (NYSE:TM) shares gapped down prior to trading on Thursday . The stock had previously closed at $193.55, but opened at $181.57. Toyota Motor shares last traded at $183.86, with a volume of 125,560 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Erste Group Bank restated a “hold” rating on shares of Toyota Motor in a research note on Friday, June 14th.

Toyota Motor Price Performance

The company has a market cap of $232.90 billion, a P/E ratio of 6.81, a P/E/G ratio of 0.31 and a beta of 0.68. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.03 and a current ratio of 1.19. The stock has a 50-day simple moving average of $202.35 and a 200 day simple moving average of $219.59.

Toyota Motor (NYSE:TM) last posted its quarterly earnings results on Thursday, August 1st. The company reported $6.35 earnings per share for the quarter, topping analysts’ consensus estimates of $4.01 by $2.34. The firm had revenue of $75.94 billion for the quarter, compared to the consensus estimate of $72.48 billion. Toyota Motor had a net margin of 10.70% and a return on equity of 14.32%. During the same quarter in the previous year, the company earned $7.05 earnings per share. On average, equities analysts expect that Toyota Motor Co. will post 21.61 EPS for the current year.

Institutional Trading of Toyota Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Pathway Financial Advisers LLC bought a new stake in shares of Toyota Motor in the 1st quarter valued at approximately $30,000. Criterion Capital Advisors LLC bought a new stake in Toyota Motor in the fourth quarter valued at $26,000. POM Investment Strategies LLC raised its stake in Toyota Motor by 292.1% during the second quarter. POM Investment Strategies LLC now owns 149 shares of the company’s stock worth $31,000 after acquiring an additional 111 shares in the last quarter. Bfsg LLC bought a new position in shares of Toyota Motor during the first quarter valued at $38,000. Finally, Mather Group LLC. boosted its stake in shares of Toyota Motor by 113.9% in the 2nd quarter. Mather Group LLC. now owns 169 shares of the company’s stock valued at $35,000 after purchasing an additional 90 shares in the last quarter. Institutional investors own 1.48% of the company’s stock.

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.