Vestas Wind Systems AS (OTCMKTS:VWDRY) Rating Lowered to Hold at Kepler Capital Markets

Vestas Wind Systems AS (OTCMKTS:VWDRY) was downgraded by analysts at Kepler Capital Markets from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Several other equities analysts also recently commented on VWDRY. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Berenberg Bank cut shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of “Hold”.

Vestas Wind Systems AS Price Performance

OTCMKTS VWDRY opened at $8.60 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74. Vestas Wind Systems AS has a 12 month low of $3.96 and a 12 month high of $10.44. The stock has a market cap of $26.06 billion, a price-to-earnings ratio of 28.67, a PEG ratio of 1.33 and a beta of 1.16. The company’s 50 day moving average is $9.21 and its two-hundred day moving average is $7.61.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 24.35%. The business had revenue of $7.40 billion during the quarter, compared to analyst estimates of $6.41 billion. As a group, research analysts anticipate 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 (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.