Vestas Wind Systems AS (OTCMKTS:VWDRY) Raised to Strong-Buy at Rothschild & Co Redburn

Vestas Wind Systems AS (OTCMKTS:VWDRY) was upgraded by Rothschild & Co Redburn from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the stock. Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY stock opened at $9.53 on Tuesday. The stock has a fifty day moving average of $8.73 and a 200 day moving average of $8.11. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $10.44. The firm has a market capitalization of $28.88 billion, a price-to-earnings ratio of 31.77, a PEG ratio of 1.50 and a beta of 1.05. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. The business had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $6.41 billion. As a group, research analysts expect 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.