Jefferies Financial Group Comments on Vestas Wind Systems A/S’s FY2022 Earnings (OTCMKTS:VWDRY)

Vestas Wind Systems A/S (OTCMKTS:VWDRYGet Rating) – Equities researchers at Jefferies Financial Group reduced their FY2022 earnings estimates for shares of Vestas Wind Systems A/S in a research report issued on Tuesday, May 3rd. Jefferies Financial Group analyst S. Toennessen now forecasts that the energy company will earn ($0.28) per share for the year, down from their prior estimate of $0.06. Jefferies Financial Group currently has a “Hold” rating on the stock.

VWDRY has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft decreased their price target on Vestas Wind Systems A/S from 185.00 to 170.00 and set a “hold” rating for the company in a research note on Friday, January 28th. HSBC lowered Vestas Wind Systems A/S from a “hold” rating to a “reduce” rating in a research note on Tuesday, March 1st. Credit Suisse Group upgraded Vestas Wind Systems A/S from an “underperform” rating to an “outperform” rating in a research report on Tuesday, April 5th. Morgan Stanley cut their price objective on Vestas Wind Systems A/S from 199.00 to 173.00 in a research report on Friday, April 22nd. Finally, Berenberg Bank cut their price objective on Vestas Wind Systems A/S from 220.00 to 190.00 and set a “buy” rating for the company in a research report on Wednesday, February 16th. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Vestas Wind Systems A/S currently has an average rating of “Hold” and a consensus price target of $177.67.

Shares of OTCMKTS VWDRY opened at $8.36 on Thursday. The stock has a fifty day moving average price of $9.74 and a two-hundred day moving average price of $10.15. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.54 and a current ratio of 1.02. The firm has a market cap of $25.33 billion, a P/E ratio of -46.44, a PEG ratio of 17.63 and a beta of 0.95. Vestas Wind Systems A/S has a 1 year low of $7.81 and a 1 year high of $14.71.

Vestas Wind Systems A/S (OTCMKTS:VWDRYGet Rating) last issued its quarterly earnings results on Thursday, February 10th. The energy company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $5.20 billion during the quarter. Vestas Wind Systems A/S had a return on equity of 3.54% and a net margin of 1.07%.

The firm also recently announced a dividend, which was paid on Friday, April 22nd. Stockholders of record on Thursday, April 7th were issued a $0.0117 dividend. The ex-dividend date was Wednesday, April 6th. This represents a dividend yield of 0.12%. Vestas Wind Systems A/S’s payout ratio is currently -5.56%.

About Vestas Wind Systems A/S (Get Rating)

Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide. The company operates in two segments, Power Solutions and Service. The Power Solutions segment sells wind power plants, wind turbines, development sites, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

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