Volkswagen AG (OTCMKTS:VWAGY) Receives Average Rating of “Hold” from Analysts

Shares of Volkswagen AG (OTCMKTS:VWAGY) have been given a consensus recommendation of “Hold” by the seven analysts that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of research firms have commented on VWAGY. Sanford C. Bernstein upgraded Volkswagen to a “hold” rating in a research note on Thursday, May 1st. UBS Group raised shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research report on Monday, March 17th. Morgan Stanley raised shares of Volkswagen from an “underweight” rating to an “equal weight” rating in a research report on Friday, April 25th. Finally, Citigroup restated a “buy” rating on shares of Volkswagen in a research note on Thursday, April 3rd.

Volkswagen Price Performance

Shares of OTCMKTS VWAGY opened at $10.56 on Tuesday. Volkswagen has a 1-year low of $8.57 and a 1-year high of $13.47. The business has a fifty day moving average price of $10.78 and a 200 day moving average price of $10.35. The stock has a market capitalization of $52.94 billion, a P/E ratio of 4.00, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings results on Wednesday, April 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. The firm had revenue of $88.29 billion for the quarter, compared to analysts’ expectations of $86.25 billion. As a group, equities research analysts anticipate that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were issued a dividend of $0.4419 per share. This represents a dividend yield of 3.79%. The ex-dividend date was Tuesday, May 20th. Volkswagen’s dividend payout ratio (DPR) is 22.61%.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.