Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Rating of “Moderate Buy” by Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY) has been given an average recommendation of “Moderate Buy” by the seven brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating, one has given a buy rating and two have given a strong buy rating to the company.

VWDRY has been the subject of a number of recent analyst reports. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. Kepler Capital Markets raised Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 10th. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Finally, Berenberg Bank cut 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 Up 0.1%

OTCMKTS VWDRY opened at $9.31 on Thursday. The business’s fifty day simple moving average is $8.71 and its 200-day simple moving average is $7.23. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. The firm has a market cap of $28.22 billion, a PE ratio of 27.39, a P/E/G ratio of 0.56 and a beta of 1.17. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $9.74.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share (EPS) 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 27.61%. The firm had revenue of $6.14 billion during the quarter, compared to analyst estimates of $5.43 billion. As a group, equities analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S (OTCMKTS: VWDRY) is a Danish company that develops, manufactures, installs and services wind turbines and related solutions for the global wind energy industry. The company is known for providing complete wind power solutions across a project’s lifecycle, from initial site assessment and turbine design through to installation, commissioning and long‑term operations and maintenance.

Vestas’ product and service offering spans turbine platforms for onshore and offshore wind, along with key components such as blades, nacelles and towers.