Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Rating of “Hold” from Analysts

Volkswagen AG (OTCMKTS:VWAGY) has earned an average recommendation of “Hold” from the seven analysts that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating on the company.

Several research firms have issued reports on VWAGY. Sanford C. Bernstein upgraded shares of Volkswagen to a “hold” rating in a research note on Thursday, May 1st. Morgan Stanley upgraded shares of Volkswagen from an “underweight” rating to an “equal weight” rating in a research note on Friday, April 25th. UBS Group upgraded shares of Volkswagen from a “strong sell” rating to a “hold” rating in a research note on Monday, March 17th. Finally, Citigroup reaffirmed a “buy” rating on shares of Volkswagen in a report on Thursday, April 3rd.

Volkswagen Trading Up 3.4%

Shares of VWAGY stock opened at $11.88 on Friday. Volkswagen has a 12 month low of $8.57 and a 12 month high of $15.44. The stock has a market cap of $59.55 billion, a PE ratio of 4.50, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. The company’s fifty day moving average price is $10.90 and its 200-day moving average price is $10.14.

Volkswagen (OTCMKTS:VWAGY) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.42 by ($0.04). The firm had revenue of $88.29 billion during the quarter, compared to the consensus estimate of $86.25 billion. Volkswagen had a return on equity of 6.37% and a net margin of 3.77%. On average, sell-side analysts forecast that Volkswagen will post 2.53 earnings per share for the current fiscal 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.