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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

VWAGY has been the subject of a number of research analyst reports. The Goldman Sachs Group initiated coverage on Volkswagen in a research report on Sunday, November 23rd. They set a “neutral” rating for the company. Citigroup reissued a “buy” rating on shares of Volkswagen in a research note on Friday, January 16th. HSBC restated a “buy” rating on shares of Volkswagen in a report on Tuesday, January 13th. Finally, Zacks Research raised Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, January 26th.

Volkswagen Price Performance

Volkswagen stock opened at $10.29 on Monday. Volkswagen has a 1 year low of $9.20 and a 1 year high of $12.83. The firm’s 50 day moving average price is $11.82 and its 200-day moving average price is $11.60. The stock has a market cap of $51.58 billion, a P/E ratio of 6.91, a PEG ratio of 0.86 and a beta of 1.14.

Volkswagen (OTCMKTS:VWAGY) last posted its earnings results on Tuesday, March 10th. The company reported $0.73 earnings per share for the quarter, beating the consensus estimate of $0.59 by $0.14. The company had revenue of $99.97 billion during the quarter, compared to analysts’ expectations of $84.92 billion. Volkswagen had a net margin of 2.11% and a return on equity of 3.46%. As a group, equities analysts expect that Volkswagen will post 2.53 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.