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

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have earned an average rating of “Hold” from the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and one has given a strong buy recommendation to the company.

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

Volkswagen Stock Performance

OTCMKTS:VWAGY opened at $10.97 on Friday. The stock’s fifty day moving average price is $10.93 and its two-hundred day moving average price is $10.53. Volkswagen has a 52-week low of $8.57 and a 52-week high of $12.59. The company has a market cap of $54.99 billion, a price-to-earnings ratio of 5.51, a P/E/G ratio of 0.79 and a beta of 1.27.

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

Volkswagen Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 21st were given a dividend of $0.4419 per share. The ex-dividend date was Tuesday, May 20th. This represents a yield of 3.79%. Volkswagen’s dividend payout ratio (DPR) 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.