ETR:VAR1Varta Stock Price, Forecast & News

€93.75

+0.10 (+0.11 %)

(As of 06/5/2020 04:20 AM ET)

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Today's Range

€92.95

Now: €93.75▼

€94.95

50-Day Range

€69.35

MA: €80.92▼

€96.50

52-Week Range

€42.70

Now: €93.75▼

€128.00

Volume28,383 shs

Average VolumeN/A

Market Capitalization$3.79 billion

P/E Ratio73.36

Dividend YieldN/A

BetaN/A

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries and energy storage solutions worldwide. It operates through two segments, Microbatteries and Power & Energy. The Microbatteries segment offers zinc-air batteries for use in hearing aid devices; lithium-ion battery solutions for wireless headphones, and other wearable applications, as well as for electrical devices, including Bluetooth headsets and medical devices for high blood pressure, blood sugar, and body monitors; and rechargeable battery solutions for server applications, including car keys, alarm systems, or smart meters for industrial and original equipment manufacturers (OEMs). The Power & Energy segment is involved in the development, system integration, and assembly of rechargeable battery packs for portable industrial, communication, power tool, home and garden, and medical applications; and energy storage devices for private households and commercial applications. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.

Beat the Market (BTM) Rank^™

1.0 Analyst's Opinion

Consensus Rating
Varta has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of €79.25, Varta has a potential downside of 15.5% from its current price of €93.75.
Amount of Analyst Coverage
Varta has only been the subject of 4 research reports in the past 90 days.

2.8 Community Rank

Outperform Votes
Varta has received 70 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Varta has received 56 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Varta has received 55.56% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Varta and other stocks. Vote “Outperform” if you believe VAR1 will outperform the S&P 500 over the long term. Vote “Underperform” if you believe VAR1 will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Varta does not currently pay a dividend.
Dividend Growth
Varta does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Varta insiders have not sold or bought any company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Varta is 73.36, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.13.
Price to Earnings Ratio vs. Sector
The P/E ratio of Varta is 73.36, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 39.65.
Price to Book Value per Share Ratio
Varta has a P/B Ratio of 9.14. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

0.76 out of 5 stars

Industry, Sector and Symbol

Stock Exchange ETR

Industry Electronic Components

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolETR:VAR1

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.varta.com

Phone49 79 61 921 699

Debt

Debt-to-Equity Ratio11.74

Current Ratio1.38

Quick Ratio0.77

Price-To-Earnings

Trailing P/E Ratio73.36

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$489.63 million

Price / Sales7.74

Cash Flow€2.54 per share

Price / Cash Flow36.97

Book Value€10.26 per share

Price / Book9.14

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees2,284

Outstanding Shares40,421,700

Market Cap$3.79 billion

Next Earnings DateN/A

OptionableNot Optionable

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Varta (ETR:VAR1) Frequently Asked Questions

How has Varta's stock been impacted by COVID-19 (Coronavirus)?

Varta's stock was trading at €63.00 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, VAR1 shares have increased by 48.8% and is now trading at €93.75. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Varta?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Varta in the last year. There are currently 1 sell rating, 2 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Varta.

What price target have analysts set for VAR1?

4 brokers have issued 1 year target prices for Varta's shares. Their forecasts range from €55.00 to €100.00. On average, they expect Varta's share price to reach €79.25 in the next twelve months. This suggests that the stock has a possible downside of 15.5%. View analysts' price targets for Varta.

Has Varta been receiving favorable news coverage?

Media headlines about VAR1 stock have been trending negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Varta earned a daily sentiment score of -2.7 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news aboutVarta.

Who are some of Varta's key competitors?

Some companies that are related to Varta include Osram Licht (OSR), Jenoptik (JEN), Sunnova Energy International (NOVA), Discoverie Group (DSCV), Audinategroupltd (AD8), Strix Group (KETL), FW Thorpe (TFW), Dr Hoenle (HNL), Gooch & Housego (GHH), Luceco (LUCE), Legend (LGD), Hammond Power Solutions (HPS.A), Ilika (IKA), Nexoptic Technology (NXO) and Novonix (NVX). View all competitors.

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 Moet Hennessy Louis Vuitton (LVMUY), Netflix (NFLX), Alibaba Group (BABA), Tesla (TSLA), Unity Biotechnology (UBX), Ballard Power Systems (BLD), Baidu (BIDU), Basf (BAS) and Adler Real Estate (ADL).

Who are Varta's key executives?

Varta's management team includes the following people:

Mr. Herbert Schein, CEO & Chairman of Management Board (Age 54)
Mr. Steffen Munz, CFO, Director of Investor Relations and M&A and Member of Management Board
Mr. Bernhard Wolf, Head of Investor Relations

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 €93.75.

How big of a company is Varta?

Varta has a market capitalization of $3.79 billion and generates $489.63 million in revenue each year. Varta employs 2,284 workers across the globe.

What is Varta's official website?

The official website for Varta is www.varta.com.

How can I contact Varta?

The company can be reached via phone at 49 79 61 921 699.

This page was last updated on 6/5/2020 by MarketBeat.com Staff