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

Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY - Get Free Report) has earned a consensus rating of "Hold" from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several equities analysts have weighed in on the company. Morgan Stanley raised Volkswagen from an "underweight" rating to an "equal weight" rating in a report on Friday, April 25th. Sanford C. Bernstein upgraded Volkswagen to a "hold" rating in a report on Thursday, May 1st. Finally, Citigroup reaffirmed a "buy" rating on shares of Volkswagen in a research report on Thursday, April 3rd.

Volkswagen Stock Performance

Volkswagen stock traded up $0.31 during midday trading on Wednesday, reaching $11.88. The stock had a trading volume of 140,144 shares, compared to its average volume of 217,865. The firm's fifty day simple moving average is $10.84 and its 200-day simple moving average is $10.73. Volkswagen has a 1-year low of $8.57 and a 1-year high of $12.29. The stock has a market capitalization of $59.55 billion, a P/E ratio of 5.97, a price-to-earnings-growth ratio of 0.87 and a beta of 1.27.

Volkswagen (OTCMKTS:VWAGY - Get Free Report) last posted its quarterly earnings results on Friday, July 25th. The company reported $0.49 earnings per share for the quarter, missing analysts' consensus estimates of $0.57 by ($0.08). Volkswagen had a net margin of 2.84% and a return on equity of 4.73%. On average, sell-side analysts anticipate that Volkswagen will post 2.53 earnings per share for the current fiscal year.

Volkswagen Cuts Dividend

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

About Volkswagen

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.