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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has received a consensus rating of “Moderate Buy” from the six analysts that are covering the stock, MarketBeat Ratings reports. Four investment 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.

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

Volkswagen Price Performance

Shares of Volkswagen stock opened at $10.26 on Friday. The stock’s 50 day simple moving average is $11.33 and its 200-day simple moving average is $11.44. The stock has a market cap of $51.44 billion, a P/E ratio of 6.89, a P/E/G ratio of 0.87 and a beta of 1.03. Volkswagen has a 1-year low of $9.20 and a 1-year high of $12.83.

Volkswagen (OTCMKTS:VWAGY) last posted 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 return on equity of 3.46% and a net margin of 2.11%.The firm had revenue of $99.97 billion during the quarter, compared to analysts’ expectations of $84.92 billion. As a group, research analysts expect that Volkswagen will post 2.53 EPS for the current fiscal year.

About Volkswagen

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.