Volkswagen AG (VWAGY) closed the latest buying and
Volkswagen AG (VWAGY) closed the latest buying and selling day at $32.53, transferring -1.03% from the earlier buying and selling session. This transfer lagged the S&P 500’s each day achieve of 1.66%. In the meantime, the Dow gained 1.39%, and the Nasdaq, a tech-heavy index, added 1.24%.
Previous to as we speak’s buying and selling, shares of the corporate had gained 42.6% over the previous month. This has outpaced the Auto-Tires-Vehicles sector’s lack of 2.86% and the S&P 500’s achieve of 1.91% in that point.
VWAGY will probably be trying to show energy because it nears its subsequent earnings launch.
For the complete yr, our Zacks Consensus Estimates are projecting earnings of $2.97 per share and income of $297.62 billion, which might symbolize modifications of +50% and +17.96%, respectively, from the prior yr.
Any current modifications to analyst estimates for VWAGY also needs to be famous by buyers. These revisions assist to indicate the ever-changing nature of near-term enterprise developments. Consequently, we are able to interpret constructive estimate revisions as signal for the corporate’s enterprise outlook.
Based mostly on our analysis, we consider these estimate revisions are immediately associated to near-team inventory strikes. To learn from this, we’ve got developed the Zacks Rank, a proprietary mannequin which takes these estimate modifications into consideration and gives an actionable ranking system.
The Zacks Rank system ranges from #1 (Robust Purchase) to #5 (Robust Promote). It has a exceptional, outside-audited observe report of success, with #1 shares delivering a mean annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 9.05% increased inside the previous month. VWAGY is holding a Zacks Rank of #3 (Maintain) proper now.
When it comes to valuation, VWAGY is at present buying and selling at a Ahead P/E ratio of 11.06. This valuation marks a premium in comparison with its trade’s common Ahead P/E of 10.69.
Traders also needs to word that VWAGY has a PEG ratio of 0.19 proper now. The PEG ratio is just like the widely-used P/E ratio, however this metric additionally takes the corporate’s anticipated earnings development price into consideration. VWAGY’s trade had a mean PEG ratio of 0.98 as of yesterday’s shut.
The Automotive – International trade is a part of the Auto-Tires-Vehicles sector. This group has a Zacks Trade Rank of 110, placing it within the high 44% of all 250+ industries.
The Zacks Trade Rank contains is listed so as from finest to worst by way of the typical Zacks Rank of the person corporations inside every of those sectors. Our analysis reveals that the highest 50% rated industries outperform the underside half by an element of two to 1.
You could find extra data on all of those metrics, and way more, on Zacks.com.
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Volkswagen AG (VWAGY): Free Inventory Evaluation Report
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