Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Receives Average Recommendation of "Hold" from Analysts

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

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

Volkswagen Stock Up 3.0%

Shares of VWAGY opened at $10.82 on Friday. The stock has a market capitalization of $54.24 billion, a P/E ratio of 5.44, a P/E/G ratio of 0.77 and a beta of 1.29. Volkswagen has a twelve month low of $8.57 and a twelve month high of $12.59. The company has a 50 day moving average of $10.92 and a 200-day moving average of $10.50.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.38 EPS for the quarter, missing the consensus estimate of $0.42 by ($0.04). Volkswagen had a net margin of 2.84% and a return on equity of 4.73%. The company had revenue of $88.29 billion during the quarter, compared to analyst estimates of $86.25 billion. On average, sell-side analysts anticipate that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st were paid a $0.4419 dividend. This represents a yield of 3.79%. The ex-dividend date was Tuesday, May 20th. Volkswagen's dividend payout ratio (DPR) is presently 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.

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