Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) Given Consensus Rating of “Hold” by Brokerages

Shares of Volkswagen AG Unsponsored ADR (OTCMKTS:VWAGY) have been given a consensus recommendation of “Hold” by the six brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

Several equities research analysts recently issued reports on VWAGY shares. The Goldman Sachs Group began coverage on Volkswagen in a research note on Sunday, November 23rd. They issued a “neutral” rating for the company. Zacks Research cut shares of Volkswagen from a “hold” rating to a “strong sell” rating in a report on Friday, October 31st.

Volkswagen Stock Performance

Shares of OTCMKTS:VWAGY opened at $11.62 on Friday. Volkswagen has a 52 week low of $8.63 and a 52 week high of $12.32. The company has a market cap of $58.25 billion, a PE ratio of 6.42, a price-to-earnings-growth ratio of 0.65 and a beta of 1.25. The firm has a 50 day simple moving average of $10.95 and a 200 day simple moving average of $11.11.

Volkswagen (OTCMKTS:VWAGY) last announced its earnings results on Thursday, October 30th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.12). The firm had revenue of $93.67 billion for the quarter, compared to analyst estimates of $78.07 billion. Volkswagen had a net margin of 2.57% and a return on equity of 4.21%. On average, equities analysts predict that Volkswagen will post 2.53 earnings per share for the current year.

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.