Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Recommendation of “Hold” by Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY) has earned an average rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company.

VWDRY has been the topic of several recent analyst reports. Berenberg Bank cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Kepler Capital Markets cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Finally, Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd.

Vestas Wind Systems AS Stock Down 0.6%

Shares of Vestas Wind Systems AS stock opened at $8.11 on Monday. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. Vestas Wind Systems AS has a 52-week low of $3.96 and a 52-week high of $10.44. The company’s 50 day moving average price is $9.21 and its 200-day moving average price is $7.66. The stock has a market capitalization of $24.57 billion, a price-to-earnings ratio of 27.03, a P/E/G ratio of 1.22 and a beta of 1.16.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, meeting the consensus estimate 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 analysts’ expectations of $6.41 billion. Equities research analysts forecast that Vestas Wind Systems AS will post 0.27 EPS 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.