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

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have been assigned an average rating of “Hold” from the seven research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, four have given a hold recommendation, one has issued a buy recommendation and one has issued a strong buy recommendation on the company.

A number of research firms have recently weighed in on VWDRY. Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd.

Vestas Wind Systems AS Trading Down 1.0%

Shares of VWDRY opened at $8.03 on Friday. Vestas Wind Systems AS has a one year low of $3.96 and a one year high of $10.44. The stock has a 50-day moving average price of $8.96 and a 200 day moving average price of $7.92. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.66 and a current ratio of 1.00. The company has a market capitalization of $24.33 billion, a P/E ratio of 26.77, a P/E/G ratio of 1.20 and a beta of 1.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings data on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.17. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%.The company had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $6.41 billion. Sell-side analysts forecast that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal 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.