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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has been given an average rating of “Moderate Buy” by the six research firms that are currently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of analysts have issued reports on the stock. Citigroup reissued a “buy” rating on shares of Volkswagen in a report on Friday, January 16th. HSBC reaffirmed a “buy” rating on shares of Volkswagen in a report on Tuesday, January 13th. Finally, Zacks Research upgraded shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th.

Volkswagen Stock Performance

VWAGY opened at $10.26 on Friday. Volkswagen has a fifty-two week low of $9.20 and a fifty-two week high of $12.83. The company has a market capitalization of $51.44 billion, a P/E ratio of 6.89, a P/E/G ratio of 0.86 and a beta of 1.03. The stock has a fifty day moving average of $11.28 and a 200-day moving average of $11.42.

Volkswagen (OTCMKTS:VWAGY) last released its quarterly earnings results on Tuesday, March 10th. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.59 by $0.14. Volkswagen had a net margin of 2.11% and a return on equity of 3.46%. The business had revenue of $99.97 billion for the quarter, compared to the consensus estimate of $84.92 billion. On average, equities research analysts predict that Volkswagen will post 2.53 earnings per share 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.