Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have received a consensus recommendation of “Reduce” from the six analysts that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and one has given a buy recommendation to the company.

A number of analysts recently weighed in on the stock. Fearnley Fonds cut shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Vestas Wind Systems AS in a research note on Friday, August 15th. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday. Finally, Berenberg Bank downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th.

Vestas Wind Systems AS Stock Down 0.1%

VWDRY opened at $8.23 on Wednesday. Vestas Wind Systems AS has a 1 year low of $3.96 and a 1 year high of $8.50. The firm has a 50 day moving average price of $7.21 and a 200 day moving average price of $6.36. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.56 and a current ratio of 0.96. The company has a market cap of $24.94 billion, a PE ratio of 24.21, a price-to-earnings-growth ratio of 0.64 and a beta of 1.21.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 28.43%. The firm had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Sell-side analysts expect that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.