Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have earned a consensus rating of “Moderate Buy” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities research analysts have weighed in on the company. Zacks Research lowered Volkswagen from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Finally, Citigroup reissued a “buy” rating on shares of Volkswagen in a research note on Tuesday, June 23rd.

Volkswagen Stock Up 3.5%

VWAGY stock opened at $8.81 on Friday. The business has a 50 day moving average price of $8.64 and a 200 day moving average price of $10.00. The stock has a market cap of $44.16 billion, a price-to-earnings ratio of 7.22, a PEG ratio of 0.36 and a beta of 1.06. Volkswagen has a fifty-two week low of $8.07 and a fifty-two week high of $12.83.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Friday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). The business had revenue of $93.81 billion during the quarter, compared to analyst estimates of $92.92 billion. Volkswagen had a net margin of 1.68% and a return on equity of 2.70%. As a group, sell-side analysts anticipate that Volkswagen will post 1.86 EPS for the current year.

Volkswagen Company Profile

Volkswagen AG is one of the world’s largest integrated automakers, headquartered in Wolfsburg, Germany. Founded in 1937 to produce a mass-market “people’s car,” the company expanded through the post-war period into a global automotive group. Volkswagen’s operations encompass the design, engineering, manufacture and distribution of a broad range of passenger cars and light commercial vehicles, and the company’s consolidated brand portfolio includes Volkswagen Passenger Cars, Audi, Porsche, Škoda, SEAT, Bentley, Lamborghini and other marques operated across its group structure.

In addition to vehicle production, Volkswagen provides a range of automotive-related products and services, including powertrain technologies, component manufacturing, mobility services and vehicle financing and leasing through its Volkswagen Financial Services unit.