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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) has been given an average recommendation of “Moderate Buy” by the five analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages recently weighed in on VWAGY. Zacks Research downgraded shares of Volkswagen from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 7th. Citigroup reiterated a “buy” rating on shares of Volkswagen in a research note on Tuesday, June 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Volkswagen in a research report on Monday, July 27th.

Volkswagen Price Performance

Shares of OTCMKTS VWAGY opened at $8.75 on Monday. The company has a market capitalization of $43.86 billion, a PE ratio of 7.17, a PEG ratio of 0.37 and a beta of 1.07. The stock’s 50 day moving average price is $9.29 and its 200-day moving average price is $10.45. Volkswagen has a twelve month low of $8.07 and a twelve month high of $12.83.

Volkswagen (OTCMKTS:VWAGY) last issued its quarterly earnings results on Friday, July 24th. The company reported $0.30 EPS for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.27). The business had revenue of $93.81 billion for the quarter, compared to the consensus estimate of $92.92 billion. Volkswagen had a return on equity of 2.74% and a net margin of 1.68%. As a group, research analysts expect that Volkswagen will post 1.85 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.