Volkswagen share on a high altitude: course reaches 89 euros!

Die Volkswagen (VW) Preference shares presented itself on Monday afternoon, January 7, 2025, as one of the leaders of the day. As Finance.net reported, the share in Xetra trading was noted from 1.4 percent and rose to EUR 88.00. The daily maximum course was reached at EUR 89.06, while the opening course was EUR 87.90. Up to this point, 224,679 Volkswagen preferred shares were implemented.

The 52-week high of the share was registered on April 4, 2024 at EUR 128.60. In order to achieve this level, a course plan of 46.14 percent would be required. The deep course in the past 52 weeks was EUR 78.86, which means that a price loss of 10.39 percent would have to occur in order to achieve this level again. The dividend for 2023 was EUR 9.06, while the estimate for 2024 was EUR 6.41. The average price target of the analysts is EUR 110.20. The key figures for Q3 2024 will be published on October 30, 2024; In the last quarter, the result was EUR 2.42 per share, while it was EUR 7.76 in the previous year. The sales of the last quarter amounted to EUR 78.48 billion, which corresponds to a decline of 0.47 percent compared to the previous year (EUR 78.85 billion).

A look at the company movements

Volkswagen AG, as one of the leading automobile manufacturers in Europe, focuses not only on automotive production, but also on a wide range of services, including financial services. Brands such as Audi, Seat, Skoda, Bentley, Bugatti, Lamborghini, Porsche and commercial vehicles such as Volkswagen Commercial Vehicles, Scania and MAN are part of the company's portfolio. As boersennews.de notes, the product range ranges from small cars to luxury cars and commercial vehicles.

The last course of the Volkswagen (VW) VZ share was given as EUR 89.72 on January 6th, which corresponds to an increase of 3.39 percent, since the share is EUR 2.94 above the closing price of the previous day. In one month, price development grew by 0.43 percent, whereas the course has dropped by 20.91 percent compared to the previous year. The current course is 12.09 percent above the 52-week low and 43.33 percent below the 52-week high.

The stock analysts forecast a dividend of EUR 9.06 per share for 2025, which corresponds to a dividend yield of 10.10 percent. The course sales ratio (KUV) for 2023 is 0.17, while the current ratio of 0.06 is classified as undervalued. The price-profit ratio (KGV) for 2025 is set at 3.46, and the current ratio amounts to 1.11.