Volkswagen AG (OTCMKTS:VWAGY) Given Consensus Recommendation of "Hold" by Brokerages

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) has been assigned an average recommendation of "Hold" from the seven brokerages that are currently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of equities research analysts have recently weighed in on VWAGY shares. Sanford C. Bernstein raised shares of Volkswagen to a "hold" rating in a research note on Thursday, May 1st. Morgan Stanley raised Volkswagen from an "underweight" rating to an "equal weight" rating in a research report on Friday, April 25th. UBS Group upgraded Volkswagen from a "strong sell" rating to a "hold" rating in a research report on Monday, March 17th. Finally, Citigroup restated a "buy" rating on shares of Volkswagen in a research report on Thursday, April 3rd.

Volkswagen Trading Down 1.1%

Shares of VWAGY stock traded down $0.12 during trading hours on Tuesday, reaching $10.56. The company's stock had a trading volume of 277,168 shares, compared to its average volume of 231,956. The firm's fifty day simple moving average is $10.77 and its 200 day simple moving average is $10.33. The stock has a market capitalization of $52.94 billion, a P/E ratio of 4.00, a P/E/G ratio of 1.03 and a beta of 1.30. Volkswagen has a one year low of $8.57 and a one year high of $13.47.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last issued its quarterly earnings data 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 company had revenue of $88.29 billion for the quarter, compared to analysts' expectations of $86.25 billion. Volkswagen had a net margin of 3.77% and a return on equity of 6.37%. As a group, equities research analysts forecast that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 5th. Investors of record on Wednesday, May 21st were paid a dividend of $0.4419 per share. This represents a yield of 3.79%. The ex-dividend date of this dividend was Tuesday, May 20th. Volkswagen's payout ratio is currently 22.61%.

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.