What happened Shares of German auto giant Volkswagen (VWAGY 2.23%) were trading sharply higher on Monday morning, after a Wall Street analyst raised his bank's price target for the stock on a bullish view of the company's electric car plans. As of 10:15 a.m. EDT, VW's American depositary shares were up about 10.5% from Friday's closing price.
Full Answer
Will Volkswagen AG stock grow/rise/go up?
Mar 17, 2021 · As of 10 a.m. EDT, Volkswagen's American depositary shares were up about 10.2% from Tuesday's closing price, and up about 30% since last Friday's close. ... Why Volkswagen Stock Is Still Surging.
Are there any Volkswagen insiders buying the stock?
Mar 22, 2021 · What happened Shares of German auto giant Volkswagen ( VWAGY 2.23% ) were trading sharply higher on Monday morning, after a Wall Street analyst raised his bank's price target for the stock on a...
Why is Volkswagen hitting production halt in Europe?
Mar 29, 2022 · Volkswagen's stock was trading at $15.91 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, VWAGY stock has increased by 46.6% and is now trading at $23.33.
Are investors shorting Volkswagen?
Volkswagen gives up on overtaking Toyota by slashing model range Volkswagen’s days as one of the world’s biggest car makers are numbered after …
Why VW stock is rising?
Shares of Volkswagen are rising after the company said it was in advanced discussions with its largest shareholder Porsche Automobil Holding SE about an initial public offering of stock in the sports car maker Porsche AG.Feb 22, 2022
Is Volkswagen stock a good buy 2021?
Volkswagen (OTCMKTS: VWAGY) stock has had a strong 2021 so far and is up almost 60% YTD, initiated by reports that the German car company could soon steal Tesla's (NASDAQ: TSLA) EV crown. Back in July, VW announced that it plans to be all-electric in Europe by 2033.
Is VW a good stock to buy now?
Volkswagen has received a consensus rating of Buy. The company's average rating score is 2.85, and is based on 11 buy ratings, 2 hold ratings, and no sell ratings.
Is Volkswagen a safe investment?
Valuation metrics show that Volkswagen AG Unsponsored ADR may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of VWAGY, demonstrate its potential to outperform the market.
Is Volkswagen overvalued?
Overall, Volkswagen AG (OTCPK:VWAGY, 30-year Financials) stock is estimated to be significantly overvalued. The company's financial condition is poor and its profitability is poor. Its growth ranks in the middle range of the companies in Vehicles & Parts industry.Jun 8, 2021
Is Volkswagen a Buy Sell or Hold?
Volkswagen has received a consensus rating of Hold. The company's average rating score is 2.42, and is based on 7 buy ratings, 3 hold ratings, and 2 sell ratings.
Does Volkswagen stock have a dividend?
Based on the dividend proposal for the reporting period, the dividend yield on Volkswagen ordinary shares is 2.8 (2.8)%, measured by the closing price on the last trading day in 2020. The dividend yield on preferred shares is 3.2 (2.8)%.
Should I buy vow or VOW3?
The left part shows the difference of each symbol. The shares with the “VOW” symbol are ordinary shares. Ordinary share means that you can get voting right if you have these shares. On the other hand, the shares with the “VOW3” symbol are preferred shares.Sep 27, 2015
Is Volkswagen a buy right now?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Volkswagen in the last twelve months. There are currently 3 sell ratings,...
How has Volkswagen's stock price been impacted by COVID-19 (Coronavirus)?
Volkswagen's stock was trading at $15.91 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Orga...
Are investors shorting Volkswagen?
Volkswagen saw a decrease in short interest in the month of February. As of February 15th, there was short interest totaling 42,100 shares, a decre...
How often does Volkswagen pay dividends? What is the dividend yield for Volkswagen?
Volkswagen announced an annual dividend on Tuesday, June 15th. Shareholders of record on Monday, July 26th will be paid a dividend of $0.38 per sha...
Is Volkswagen a good dividend stock?
Volkswagen pays an annual dividend of $0.37 per share and currently has a dividend yield of 1.60%. The dividend payout ratio of Volkswagen is 8.85%...
What price target have analysts set for VWAGY?
14 brokers have issued twelve-month price targets for Volkswagen's shares. Their forecasts range from $54.00 to $210.00. On average, they anticipat...
Who are Volkswagen's key executives?
Volkswagen's management team includes the following people: Herbert Diess , Chairman-Management Board Arno Antlitz , Head-Finance & Information...
Who are some of Volkswagen's key competitors?
Some companies that are related to Volkswagen include Toyota Motor (TM) , Daimler (DDAIF) , Ford Motor (F) , General Motors (GM) , Honda Motor...
What is Volkswagen's stock symbol?
Volkswagen trades on the OTCMKTS under the ticker symbol "VWAGY."
Wall Street is growing more bullish on VW's electric vehicle plan
John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear
What happened
Shares of German auto giant Volkswagen ( OTC:VWAGY) were trading sharply higher on Monday morning, after a Wall Street analyst raised his bank's price target for the stock on a bullish view of the company's electric car plans.
So what
In a new note on Monday, Deutsche Bank analyst Tim Rokossa raised his price target on Volkswagen's Frankfurt-traded ordinary shares to 270 euros, from 185 euros, while maintaining a buy rating on the stock.
Now what
Rokossa acknowledged that Volkswagen's share price could face some headwinds, including the possibilities of further weakness in the euro and a slowdown in China's premium vehicle market. But the potential price upside "more than compensates" for those concerns, he wrote.
Is Volkswagen a buy right now?
19 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Volkswagen in the last twelve months. There are currently 1 sell rating, 6 hold ratings and 12 buy ratings for the stock.
What stocks does MarketBeat like better than Volkswagen?
Wall Street analysts have given Volkswagen a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Volkswagen wasn't one of them.
Are investors shorting Volkswagen?
Volkswagen saw a increase in short interest in the month of August. As of August 13th, there was short interest totaling 201,100 shares, an increase of 83.5% from the July 29th total of 109,600 shares. Based on an average daily volume of 1,200,700 shares, the short-interest ratio is currently 0.2 days.#N#View Volkswagen's Short Interest.
When is Volkswagen's next earnings date?
Volkswagen is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.#N#View our earnings forecast for Volkswagen.
How were Volkswagen's earnings last quarter?
Volkswagen AG (OTCMKTS:VWAGY) announced its earnings results on Thursday, July, 29th. The company reported $1.17 earnings per share for the quarter. The business had revenue of $81.07 billion for the quarter. Volkswagen had a trailing twelve-month return on equity of 13.35% and a net margin of 6.85%.#N#View Volkswagen's earnings history.
How has Volkswagen's stock price been impacted by Coronavirus (COVID-19)?
Volkswagen's stock was trading at $15.91 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VWAGY stock has increased by 107.7% and is now trading at $33.0420.#N#View which stocks have been most impacted by COVID-19.
How often does Volkswagen pay dividends? What is the dividend yield for Volkswagen?
Volkswagen announced an annual dividend on Tuesday, June 15th. Stockholders of record on Monday, July 26th will be paid a dividend of $0.38 per share on Tuesday, August 10th. This represents a yield of 1.09%. The ex-dividend date is Friday, July 23rd.
What is the deal between Huawei and Volkswagen?
The transaction between Huawei and Volkswagen (VWAGY) is reportedly one of the largest of its kind in the automotive industry and mark s a striking deal among all adversities between two struggling entities.
How long will electric cars be profitable?
Electric cars to be profitable in three years, says Volkswagen. Electric cars will be profitable within “two or three years”, according to Volkswagen's boss, while Mercedes-Benz plans to spend more than €40bn (£34bn) to electrify its range.
Will Herbert Diess be extended?
Volkswagen's supervisory board will discuss on Friday whether to extend the contract of Chief Executive Herbert Diess, two people familiar with the matter told Reuters. The meeting, at which the sources said the board could decide in favour of a two-year extension for Diess until 2025, is taking place only days ahead of Volkswagen's strategy day scheduled for July 13. A fresh contract would come shortly after Diess' long-term opponent Bernd Osterloh stepped down as works council head and took a management position at Volkswagen's truck unit Traton.
Will all new cars have zero emissions?
(Bloomberg) -- The European Union is set to propose all new cars sold from 2035 should have zero emissions, as part of an unprecedented plan to align its economy with more ambitious climate targets.The European Commission, the bloc’s regulatory arm, plans to require emissions from new cars and vans to fall by 65% from 2030 and drop to zero from 2035, according to an EU document seen by Bloomberg News. The tougher pollution standards will be complemented by rules that will oblige national governm
How long will electric cars be profitable?
Electric cars to be profitable in three years, says Volkswagen. Electric cars will be profitable within “two or three years”, according to Volkswagen's boss, while Mercedes-Benz plans to spend more than €40bn (£34bn) to electrify its range.
Is Volkswagen selling in China?
Volkswagen expects sales of its ID series of electric vehicles in China -- the world's largest car market -- to pick up significantly in the second half of the year, Chief Executive Herbert Diess said on Thursday.
Is VW a Tesla?
VW joins Tesla in call for lower import tax on EVs in India. Volkswagen AG, the world's second-largest carmaker, is calling for lower import duties on electric cars in India to help drive demand for clean vehicles, echoing Tesla's recent pitch which has divided the country's auto industry.
VW Stock Under Pressure
The government of the United States is suing Volkswagen AG (ADR) (OTC:VLKAY). Indeed, VW stock fell almost seven percent since the start of the week after the Justice Department filed an official complaint with the court in Detroit over the company’s violations of the Clean Air Act.
VW Stock Under Pressure Following Emission Tests
VW allegedly rigged the cars such that, under laboratory conditions, the engines produced lower emissions than would have been noted on the road.
Where are VW plants?
By the end of this week, production will have been halted at VW plants in Spain, Portugal, and Slovakia, with the remainder of VW's European plants expected to follow next week. The factories of VW subsidiaries Lamborghini and Ducati, both in Italy, have already closed.
Who is John Rosevear?
John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear
