ETR:VAR1

Varta (VAR1) Stock Forecast, Price & News

€14.96

-0.40 (-2.60%)

(As of 06/7/2023 ET)

Compare

Today's Range: €14.87
▼
€15.63
50-Day Range: €14.04
▼
€25.35
52-Week Range: €15.48
▼
€91.46

Volume: 268,375 shs
Average Volume: N/A
Market Capitalization: $604.68 million

P/E Ratio: N/A
Dividend Yield: 16.58%
Price Target: €26.30

Profile Analyst Ratings Chart Competitors Headlines

About Varta (ETR:VAR1) Stock

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters. This segment is also involved in the development, system integration, and assembly of lithium-ion battery packs for portable industrial, communication devices, electric power tool, home, garden, and medical applications. The Household Batteries segment offers household batteries, rechargeable batteries, chargers, power banks, lights, and energy storage systems. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.

Receive VAR1 Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Varta and its competitors with MarketBeat's FREE daily newsletter.

VAR1 Stock News Headlines

May 24, 2023 | msn.com

Varta shares plummet to record low; skepticism about annual targets grows

April 26, 2023 | finance.yahoo.com

Varta (ETR:VAR1) Will Be Hoping To Turn Its Returns On Capital Around

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

April 8, 2023 | investopedia.com

T-Test: What It Is With Multiple Formulas and When To Use Them

April 4, 2023 | americanbankingnews.com

Varta (ETR:VAR1) Given a €29.00 Price Target by Berenberg Bank Analysts

March 24, 2023 | americanbankingnews.com

Berenberg Bank Reiterates €31.00 Price Target for Varta (ETR:VAR1)

March 23, 2023 | americanbankingnews.com

Varta (ETR:VAR1) Given a €18.50 Price Target at Warburg Research

March 23, 2023 | americanbankingnews.com

Varta (ETR:VAR1) Given a €31.00 Price Target at Berenberg Bank

June 8, 2023 | Edge On The Street (Ad)

The Real Problem With "Made in America" Lithium

Politicians love to say they support "Made in America" when it comes to manufacturing. But when it comes to lithium - the metal fueling our transition to electric vehicles - it's not that simple.

March 16, 2023 | msn.com

Germany stocks higher at close of trade; DAX up 1.57%

March 6, 2023 | msn.com

Germany stocks higher at close of trade; DAX up 0.48%

January 30, 2023 | msn.com

Germany stocks lower at close of trade; DAX down 0.16%

January 18, 2023 | reuters.com

VAR1.TG - | Stock Price & Latest News | Reuters

January 11, 2023 | finance.yahoo.com

Varta's (ETR:VAR1) earnings have declined over year, contributing to shareholders 75% loss

December 28, 2022 | msn.com

Germany stocks lower at close of trade; DAX down 0.50%

December 22, 2022 | msn.com

Germany stocks lower at close of trade; DAX down 1.30%

December 21, 2022 | msn.com

Germany stocks higher at close of trade; DAX up 1.54%

November 17, 2022 | finance.yahoo.com

Varta (ETR:VAR1) Could Be Struggling To Allocate Capital

November 15, 2022 | sg.finance.yahoo.com

Varta slumps after slashing 2022, 2023 outlooks

November 4, 2022 | msn.com

Germany stocks higher at close of trade; DAX up 2.51%

October 18, 2022 | msn.com

Germany stocks higher at close of trade; DAX up 0.92%

October 14, 2022 | msn.com

Germany stocks higher at close of trade; DAX up 0.67%

September 26, 2022 | reuters.com

VAR1.DE - Varta AG | Stock Price & Latest News | Reuters

September 23, 2022 | nasdaq.com

Battery maker Varta's value plummets on scrapped outlook

September 23, 2022 | reuters.com

German battery maker Varta scraps FY, Q3 guidance

September 8, 2022 | investing.com

Germany stocks higher at close of trade; DAX up 0.35%

September 6, 2022 | investing.com

Germany stocks lower at close of trade; DAX down 2.22%

See More Headlines

VAR1 Price History

30 days | 90 days | 365 days | Advanced Chart

Industry, Sector and Symbol

Stock Exchange: ETR
Industry: Electronic Components
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: ETR:VAR1
CUSIP: N/A
CIK: N/A
Web: www.varta.com
Phone: 49 79 61 921 699
Fax: N/A
Employees: 4,666
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: €26.30
High Stock Price Forecast: €30.00
Low Stock Price Forecast: €18.50
Forecasted Upside/Downside: +75.8%
Consensus Rating: N/A
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): (€5.99)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 42.52
P/E Growth: N/A
Net Income: $29.98 million
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: 6.61%
Return on Assets: 2.76%

Debt

Debt-to-Equity Ratio: 21.95
Current Ratio: 1.18
Quick Ratio: 0.39

Sales & Book Value

Annual Sales: $867.05 million
Price / Sales: 0.70
Cash Flow: €0.43 per share
Price / Cash Flow: 34.75
Book Value: €5.92 per share
Price / Book: 2.53

Miscellaneous

Outstanding Shares: 40,420,000
Free Float: N/A
Market Cap: $604.68 million
Optionable: Not Optionable
Beta: 1.32

Key Executives

Dr. Michael Tojner (Age 57)
Owner & Chairman of Supervisory Board
Comp: $130k

Dr. Markus Hackstein (Age 48)
Spokesman of the Exec. Board & CEO

Mr. Armin Hessenberger (Age 57)
CFO & Member Of Management Board

Mr. Herbert Schein (Age 58)
Member of Exec. Board

Mr. Rainer Hald (Age 54)
CTO & Member of Management Board

Mr. Bernhard Wolf
Head of Investor Relations

Key Competitors

View All Competitors

VAR1 Stock - Frequently Asked Questions

What is Varta's stock price forecast for 2023?: 0 Wall Street analysts have issued 1-year price targets for Varta's stock. Their VAR1 share price forecasts range from €18.50 to €30.00. On average, they expect the company's share price to reach €26.30 in the next year. This suggests a possible upside of 75.8% from the stock's current price.
View analysts price targets for VAR1 or view top-rated stocks among Wall Street analysts.
How have VAR1 shares performed in 2023?: Varta's stock was trading at €22.54 at the beginning of 2023. Since then, VAR1 shares have decreased by 33.6% and is now trading at €14.96.
View the best growth stocks for 2023 here.
Is Varta a good dividend stock?: Varta (ETR:VAR1) pays an annual dividend of €2.48 per share and currently has a dividend yield of 15.14%. VAR1 has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
What other stocks do shareholders of Varta own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Varta investors own include Intercept Pharmaceuticals (ICPT), LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY), Netflix (NFLX), Alibaba Group (BABA), BYD (BYDDF), ITM Power (ITM), NIO (NIO), Tesla (TSLA), Unity Biotechnology (UBX) and ADLER Real Estate (ADL).

What is Varta's stock symbol?: Varta trades on the ETR under the ticker symbol "VAR1."
What is Varta's stock price today?: One share of VAR1 stock can currently be purchased for approximately €14.96.
How much money does Varta make?: Varta (ETR:VAR1) has a market capitalization of $604.68 million and generates $867.05 million in revenue each year. The company earns $29.98 million in net income (profit) each year or (€5.99) on an earnings per share basis.
How many employees does Varta have?: The company employs 4,666 workers across the globe.
How can I contact Varta?: The official website for the company is www.varta.com. The company can be reached via phone at 49 79 61 921 699.

This page (ETR:VAR1) was last updated on 6/8/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial