Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Consensus Rating of “Moderate Buy” by Brokerages

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received an average recommendation of “Moderate Buy” from the five analysts that are presently covering the company, Marketbeat.com reports. One research 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 brokerages have recently weighed in on VWAGY. Zacks Research downgraded Volkswagen from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th. Finally, Citigroup reaffirmed a “buy” rating on shares of Volkswagen in a report on Tuesday, September 8th.

Volkswagen Stock Performance

VWAGY stock opened at $9.39 on Tuesday. The business has a 50-day simple moving average of $8.76 and a two-hundred day simple moving average of $9.76. Volkswagen has a 52-week low of $8.07 and a 52-week high of $12.83. The company has a market capitalization of $47.07 billion, a P/E ratio of 7.70, a price-to-earnings-growth ratio of 0.41 and a beta of 1.07.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings results on Friday, July 24th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). The company had revenue of $93.81 billion during the quarter, compared to analysts’ expectations 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 forecast that Volkswagen will post 1.79 earnings per share for the current fiscal year.

Volkswagen Company Profile

Volkswagen AG is a German automotive company headquartered in Wolfsburg, Germany. Through its Volkswagen Group operations, the company develops, manufactures and sells passenger cars, commercial vehicles, trucks, buses, motorcycles and related mobility products. Its portfolio includes vehicles powered by internal combustion engines, hybrids and batteries, along with digital services and charging solutions.

The group’s major automotive brands include Volkswagen Passenger Cars, Audi, Škoda, SEAT, CUPRA, Porsche, Bentley, Lamborghini, Ducati and Volkswagen Commercial Vehicles.