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Volkswagen AG Unsponsored ADR (VWAGY) Gains But Lags Market: What You Should Know
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Volkswagen AG Unsponsored ADR (VWAGY - Free Report) closed the most recent trading day at $17.46, moving +0.92% from the previous trading session. This move lagged the S&P 500's daily gain of 1.22%. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, added 4.63%.
Coming into today, shares of the company had gained 9.77% in the past month. In that same time, the Auto-Tires-Trucks sector gained 27.11%, while the S&P 500 gained 6.22%.
Volkswagen AG Unsponsored ADR will be looking to display strength as it nears its next earnings release. In that report, analysts expect Volkswagen AG Unsponsored ADR to post earnings of $0.85 per share. This would mark a year-over-year decline of 42.18%.
Investors might also notice recent changes to analyst estimates for Volkswagen AG Unsponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.41% higher within the past month. Volkswagen AG Unsponsored ADR is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, Volkswagen AG Unsponsored ADR is holding a Forward P/E ratio of 4.87. This represents a discount compared to its industry's average Forward P/E of 6.76.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% 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.
To follow VWAGY in the coming trading sessions, be sure to utilize Zacks.com.
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Volkswagen AG Unsponsored ADR (VWAGY) Gains But Lags Market: What You Should Know
Volkswagen AG Unsponsored ADR (VWAGY - Free Report) closed the most recent trading day at $17.46, moving +0.92% from the previous trading session. This move lagged the S&P 500's daily gain of 1.22%. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, added 4.63%.
Coming into today, shares of the company had gained 9.77% in the past month. In that same time, the Auto-Tires-Trucks sector gained 27.11%, while the S&P 500 gained 6.22%.
Volkswagen AG Unsponsored ADR will be looking to display strength as it nears its next earnings release. In that report, analysts expect Volkswagen AG Unsponsored ADR to post earnings of $0.85 per share. This would mark a year-over-year decline of 42.18%.
Investors might also notice recent changes to analyst estimates for Volkswagen AG Unsponsored ADR. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 4.41% higher within the past month. Volkswagen AG Unsponsored ADR is holding a Zacks Rank of #1 (Strong Buy) right now.
Looking at its valuation, Volkswagen AG Unsponsored ADR is holding a Forward P/E ratio of 4.87. This represents a discount compared to its industry's average Forward P/E of 6.76.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 25, putting it in the top 10% 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.
To follow VWAGY in the coming trading sessions, be sure to utilize Zacks.com.