Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat.com reports. Three analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating on the company.
Several research firms have commented on VWAGY. Kepler Capital Markets cut shares of Volkswagen from a “buy” rating to a “hold” rating in a report on Monday, September 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Zacks Research upgraded shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Citigroup reiterated a “buy” rating on shares of Volkswagen in a research note on Tuesday, September 8th.
Read Our Latest Research Report on Volkswagen
Volkswagen Stock Performance
Shares of Volkswagen stock opened at $7.56 on Wednesday. Volkswagen has a one year low of $7.38 and a one year high of $12.83. The company has a market cap of $37.90 billion, a PE ratio of 28.00, a P/E/G ratio of 0.34 and a beta of 1.08. The business has a 50-day simple moving average of $8.27 and a 200-day simple moving average of $9.75.
Volkswagen (OTCMKTS:VWAGY – Get Free Report) last issued its earnings results on Thursday, October 29th. The company reported ($1.06) earnings per share for the quarter, missing the consensus estimate of $0.33 by ($1.39). Volkswagen had a net margin of 0.41% and a return on equity of 0.65%. The firm had revenue of $83.82 billion during the quarter, compared to analyst estimates of $88.08 billion. On average, sell-side analysts predict that Volkswagen will post 1.75 earnings per share for the current fiscal year.
Volkswagen Company Profile
Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. Founded in 1937, the company has grown from the Volkswagen passenger-car brand into one of the world’s largest automotive groups, serving customers across Europe, the Americas, Asia-Pacific, and other international markets.
The company develops, manufactures, and sells passenger cars, sport utility vehicles, performance vehicles, luxury automobiles, motorcycles, commercial vehicles, and related mobility services.
See Also
- Five stocks we like better than Volkswagen
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Volkswagen Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Volkswagen and related companies with MarketBeat.com's FREE daily email newsletter.
