Vestas Wind Systems AS (VWDRY) to Release Quarterly Earnings on Wednesday

Vestas Wind Systems AS (OTCMKTS:VWDRY) will likely be posting its results before the market opens on Wednesday, February 4th. Analysts expect Vestas Wind Systems AS to post earnings of $0.17 per share and revenue of $6.4099 billion for the quarter.

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 the consensus estimate of $0.07 by $0.05. The business had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. On average, analysts expect Vestas Wind Systems AS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY opened at $10.24 on Wednesday. The firm has a market capitalization of $31.03 billion, a P/E ratio of 30.12, a P/E/G ratio of 0.60 and a beta of 1.17. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $10.24. The stock has a 50 day moving average price of $8.86 and a two-hundred day moving average price of $7.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97.

Analysts Set New Price Targets

A number of equities research analysts recently commented on VWDRY shares. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. DZ Bank upgraded shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Vestas Wind Systems AS currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Company Profile

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.