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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has been given a consensus recommendation of “Moderate Buy” by the five ratings firms that are covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

A number of research analysts have recently issued reports on VWAGY shares. Citigroup reiterated a “buy” rating on shares of Volkswagen in a research note on Tuesday, June 23rd. Zacks Research downgraded Volkswagen from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Volkswagen in a research note on Monday, July 27th.

Volkswagen Price Performance

Shares of Volkswagen stock opened at $8.81 on Friday. The company has a 50 day moving average of $8.79 and a 200 day moving average of $10.12. The company has a market capitalization of $44.16 billion, a P/E ratio of 7.22, a P/E/G ratio of 0.37 and a beta of 1.06. Volkswagen has a 52-week low of $8.07 and a 52-week high of $12.83.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings data on Friday, July 24th. The company reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.27). The company had revenue of $93.81 billion for the quarter, compared to analysts’ expectations of $92.92 billion. Volkswagen had a return on equity of 2.74% and a net margin of 1.68%. As a group, research analysts anticipate that Volkswagen will post 1.86 earnings per share for the current fiscal year.

About Volkswagen

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.