Volkswagen AG (OTCMKTS:VWAGY) Receives Consensus Rating of "Hold" from Brokerages

Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) has been given an average recommendation of "Hold" by the seven analysts that are covering the company, Marketbeat Ratings reports. Five 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.

A number of equities analysts recently issued reports on the stock. Sanford C. Bernstein raised shares of Volkswagen to a "hold" rating in a report on Thursday, May 1st. Morgan Stanley upgraded shares of Volkswagen from an "underweight" rating to an "equal weight" rating in a research report on Friday, April 25th. UBS Group raised shares of 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 note on Thursday, April 3rd.

Volkswagen Stock Performance

Shares of VWAGY stock traded down $0.04 on Tuesday, reaching $10.81. The stock had a trading volume of 161,333 shares, compared to its average volume of 230,344. Volkswagen has a 1 year low of $8.57 and a 1 year high of $14.07. The stock has a market cap of $54.19 billion, a P/E ratio of 4.09, a price-to-earnings-growth ratio of 1.03 and a beta of 1.30. The company has a 50 day simple moving average of $10.76 and a 200 day simple moving average of $10.31.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.38 earnings per share 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 net margin of 3.77% and a return on equity of 6.37%. On average, equities research analysts anticipate that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st will be issued a dividend of $0.4419 per share. This represents a yield of 3.79%. The ex-dividend date of this dividend is Tuesday, May 20th. Volkswagen's dividend 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.