Volkswagen (OTCMKTS:VWAGY) Hits New 1-Year Low - What's Next?

Key Points

• Volkswagen’s ADR fell to a new 52-week low, reaching $7.9899 before last trading at $8.05, down slightly from its prior close; its 50-day and 200-day moving averages were $8.78 and $9.56, respectively.
• Analyst sentiment remains mixed but leans positive, with the stock carrying a “Moderate Buy” consensus rating. Deutsche Bank and Citigroup maintained “Buy” ratings, while Zacks Research downgraded it to “Strong Sell” and Kepler Capital Markets to “Hold.”
• Volkswagen reported quarterly EPS of $0.30, missing the $0.57 consensus estimate, despite revenue of $93.81 billion exceeding forecasts; profitability remained modest, with a 1.68% net margin and 2.70% return on equity.

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) hit a new 52-week low during trading on Wednesday. The company traded as low as $7.9899 and last traded at $8.05, with a volume of 369391 shares trading hands. The stock had previously closed at $8.07.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Volkswagen in a report on Monday, July 27th. Zacks Research lowered shares of Volkswagen from a "hold" rating to a "strong sell" rating in a report on Tuesday, July 7th. Kepler Capital Markets cut shares of Volkswagen from a "buy" rating to a "hold" rating in a research report on Monday, September 21st. Finally, Citigroup reaffirmed a "buy" rating on shares of Volkswagen in a research note on Tuesday, September 8th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy".

Volkswagen Stock Down 0.2%

The company has a market capitalization of $40.35 billion, a P/E ratio of 6.60, a price-to-earnings-growth ratio of 0.35 and a beta of 1.07. The business has a fifty day moving average price of $8.78 and a 200 day moving average price of $9.56.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its quarterly earnings data on Friday, July 24th. The company reported $0.30 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by ($0.27). Volkswagen had a return on equity of 2.70% and a net margin of 1.68%.The firm had revenue of $93.81 billion for the quarter, compared to the consensus estimate of $92.92 billion. As a group, equities analysts forecast that Volkswagen AG Unsponsored ADR will post 1.79 earnings per share for the current year.

Volkswagen Company Profile

Volkswagen AG is a Germany-based automotive company headquartered in Wolfsburg. Founded in 1937, the company has developed into one of the world's largest vehicle manufacturers and is listed in the United States through American depositary receipts under the symbol VWAGY.

The Volkswagen Group develops, manufactures and sells passenger cars, commercial vehicles, trucks and motorcycles. Its portfolio includes the Volkswagen, Audi, Škoda, SEAT, CUPRA, Porsche, Bentley, Lamborghini and Ducati brands, as well as Volkswagen Commercial Vehicles and the MAN and Scania truck businesses.

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