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

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

Several equities research analysts 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 lowered Volkswagen from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Volkswagen in a report on Monday.

Volkswagen Trading Down 1.0%

OTCMKTS VWAGY traded down $0.08 on Monday, hitting $8.19. 455,977 shares of the company were exchanged, compared to its average volume of 243,758. The firm has a 50 day moving average of $9.48 and a two-hundred day moving average of $10.57. The company has a market cap of $41.06 billion, a P/E ratio of 6.71, a P/E/G ratio of 0.30 and a beta of 1.07. Volkswagen has a 1-year low of $8.07 and a 1-year high of $12.83.

Volkswagen (OTCMKTS:VWAGY) last posted its quarterly earnings results on Friday, July 24th. The company reported $0.30 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.30). Volkswagen had a net margin of 1.68% and a return on equity of 2.74%. The company had revenue of $93.81 billion during the quarter, compared to analyst estimates of $92.92 billion. Research analysts anticipate that Volkswagen will post 2.01 EPS for the current fiscal 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.