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Volkswagen AG Unsponsored ADR (VWAGY) Stock Sinks As Market Gains: What You Should Know
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Volkswagen AG Unsponsored ADR (VWAGY - Free Report) closed at $14.35 in the latest trading session, marking a -0.38% move from the prior day. This change lagged the S&P 500's 0.67% gain on the day. Elsewhere, the Dow gained 0.73%, while the tech-heavy Nasdaq added 0.94%.
Heading into today, shares of the company had lost 10.17% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 10.65% and lagging the S&P 500's loss of 3.8% in that time.
Investors will be hoping for strength from Volkswagen AG Unsponsored ADR as it approaches its next earnings release.
Any recent changes to analyst estimates for Volkswagen AG Unsponsored ADR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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. The Zacks Consensus EPS estimate has moved 8.73% higher within the past month. Volkswagen AG Unsponsored ADR is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Volkswagen AG Unsponsored ADR has a Forward P/E ratio of 3.79 right now. This valuation marks a discount compared to its industry's average Forward P/E of 6.11.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 77, putting it in the top 31% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Volkswagen AG Unsponsored ADR (VWAGY) Stock Sinks As Market Gains: What You Should Know
Volkswagen AG Unsponsored ADR (VWAGY - Free Report) closed at $14.35 in the latest trading session, marking a -0.38% move from the prior day. This change lagged the S&P 500's 0.67% gain on the day. Elsewhere, the Dow gained 0.73%, while the tech-heavy Nasdaq added 0.94%.
Heading into today, shares of the company had lost 10.17% over the past month, outpacing the Auto-Tires-Trucks sector's loss of 10.65% and lagging the S&P 500's loss of 3.8% in that time.
Investors will be hoping for strength from Volkswagen AG Unsponsored ADR as it approaches its next earnings release.
Any recent changes to analyst estimates for Volkswagen AG Unsponsored ADR should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
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. The Zacks Consensus EPS estimate has moved 8.73% higher within the past month. Volkswagen AG Unsponsored ADR is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Volkswagen AG Unsponsored ADR has a Forward P/E ratio of 3.79 right now. This valuation marks a discount compared to its industry's average Forward P/E of 6.11.
The Automotive - Foreign industry is part of the Auto-Tires-Trucks sector. This group has a Zacks Industry Rank of 77, putting it in the top 31% 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.