Varta AG Stock

Price

Target price

/ Tradegate WKN: A0TGJ5 / Name: Varta / Stock / Mid Cap /

Please give a prediction to see the opinions of the community

sharewise uses Wisdom of crowds to gather information regarding a security. Wisdom of crowds works best if you do not see the predictions of others before giving your estimate. Please click one button to see how the community sees this security.

Your prediction

Varta AG Stock

A loss of -1.520% shows a downward development for Varta AG.

Our community is currently high on Varta AG with 27 Buy predictions and 21 Sell predictions.

As a result the target price of 3 € shows a very positive potential of 51.9% compared to the current price of 1.98 € for Varta AG.

Criterium "Worthwhile Investment for the next years" is seen as the biggest plus for Varta AG stock. Negative votes have not been in the majority for any criteria for this stock

Varta AG is a German company that specializes in the production of batteries and energy storage systems. Founded in 1887, the company has a long history of innovation and product development in the field of energy storage solutions. Varta produces a wide range of batteries for both consumer and industrial applications, including hearing aid batteries, power tool batteries, and batteries for electric vehicles. In addition, the company develops and produces stationary energy storage systems based on lithium-ion technology for use in homes and businesses. Varta is listed on the Frankfurt Stock Exchange and has a market capitalization of approximately €4 billion as of 2021.

Feedback

Pros and Cons of Varta AG in the next few years

Pros

W********* I********* f** t** n*** y****

S********** s********

B****

Cons

C******** o* t** e**********

G***** c******* t* c**********

M***** P*******

Tell us your opinion to access the 'Wisdom of the Crowds'

Your Opinion

Legal notice

sharewise BeanCounterBot

The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.

Last updated at 2024-08-01

The financial health of Varta, symbolized in the U.S. market, reveals a company grappling with significant challenges but also possessing some redeeming qualities. Despite its potential in the industry, Varta's recent financial statements indicate a tumultuous period characterized by declining revenues and a mounting net loss, contrasting sharply with previous years of profitability. Scrutinizing the financial data provides a clearer picture of Varta’s operational efficiency, liquidity position, and overall market valuation.

Revenue Generation: Varta's total revenue for 2023 stands at approximately €790 million, which demonstrates its ability to maintain substantial sales even amidst operational challenges. The company has shown a resilience in revenue generation, reflecting a potential steady-state operation. The quarterly revenue growth year-over-year at 12.7% may indicate a rebound in demand or operational improvements.

Current Assets: The balance sheet showcases a solid liquidity position with current assets amounting to about €509 million against current liabilities of €823 million. This implies that Varta has adequate short-term resources to cover its immediate obligations despite the negative net working capital figure of approximately -€314 million.

Feedback