Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Receives Consensus Rating of “Hold” from Analysts

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received an average rating of “Hold” from the seven analysts that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

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

Volkswagen Price Performance

Shares of OTCMKTS:VWAGY opened at $10.97 on Friday. Volkswagen has a 1 year low of $8.57 and a 1 year high of $12.59. The company’s 50 day simple moving average is $10.93 and its 200 day simple moving average is $10.53. The stock has a market capitalization of $54.99 billion, a price-to-earnings ratio of 5.51, a price-to-earnings-growth ratio of 0.79 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings results on Wednesday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.04). Volkswagen had a net margin of 2.84% and a return on equity of 4.73%. The business had revenue of $88.29 billion during the quarter, compared to the consensus estimate of $86.25 billion. As a group, analysts anticipate that Volkswagen will post 2.53 EPS for the current fiscal year.

Volkswagen Cuts Dividend

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

About Volkswagen

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.