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Volkswagen AG (VWAGY) Outpaces Stock Market Gains: What You Should Know

Zacks Equity Research
·3-min read

Volkswagen AG (VWAGY) closed the most recent trading day at $32.35, moving +1.7% from the previous trading session. This change outpaced the S&P 500's 1.52% gain on the day.

Coming into today, shares of the company had lost 9.35% in the past month. In that same time, the Auto-Tires-Trucks sector lost 2.9%, while the S&P 500 gained 2.41%.

VWAGY will be looking to display strength as it nears its next earnings release.

VWAGY's full-year Zacks Consensus Estimates are calling for earnings of $3.37 per share and revenue of $301.79 billion. These results would represent year-over-year changes of +70.2% and +19.61%, respectively.

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Investors should also note any recent changes to analyst estimates for VWAGY. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. VWAGY currently has a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that VWAGY has a Forward P/E ratio of 9.44 right now. For comparison, its industry has an average Forward P/E of 10.14, which means VWAGY is trading at a discount to the group.

We can also see that VWAGY currently has a PEG ratio of 0.79. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. The Automotive - Foreign was holding an average PEG ratio of 0.47 at yesterday's closing price.

The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This industry currently has a Zacks Industry Rank of 223, which puts it in the bottom 13% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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