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

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have been assigned an average rating of “Hold” from the six research firms that are presently covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

Several research analysts have recently commented on VWAGY shares. The Goldman Sachs Group began coverage on Volkswagen in a report on Sunday, November 23rd. They issued a “neutral” rating on the stock. Zacks Research cut Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st.

Volkswagen Stock Performance

Shares of OTCMKTS:VWAGY opened at $12.06 on Friday. The company’s fifty day moving average is $10.98 and its 200-day moving average is $11.12. Volkswagen has a 52 week low of $8.82 and a 52 week high of $12.32. The company has a market capitalization of $60.46 billion, a PE ratio of 8.43, a P/E/G ratio of 1.89 and a beta of 1.18.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Thursday, October 30th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.12). The firm had revenue of $93.67 billion for the quarter, compared to the consensus estimate of $78.07 billion. Volkswagen had a net margin of 1.99% and a return on equity of 3.26%. On average, analysts forecast that Volkswagen will post 2.53 EPS for the current year.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services.