Wartsila (OTCMKTS:WRTBY) Given Average Recommendation of “Reduce” by Analysts

Shares of Wartsila (OTCMKTS:WRTBY) have been assigned an average recommendation of “Reduce” from the seven analysts that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

WRTBY has been the topic of a number of research analyst reports. The Goldman Sachs Group raised shares of Wartsila from a “strong sell” rating to a “neutral” rating in a report on Thursday, June 4th. Citigroup restated a “sell” rating on shares of Wartsila in a research note on Wednesday, July 1st. Oddo Bhf initiated coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Wartsila in a research note on Thursday, April 30th. Finally, UBS Group lowered Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday, May 28th.

Wartsila Price Performance

OTCMKTS:WRTBY opened at $6.78 on Friday. The company has a market cap of $20.06 billion, a PE ratio of 27.12 and a beta of 1.24. Wartsila has a twelve month low of $5.02 and a twelve month high of $9.49. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.11. The company’s 50 day moving average is $7.69 and its two-hundred day moving average is $7.93.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $1.82 billion for the quarter, compared to analyst estimates of $1.74 billion. Wartsila had a net margin of 9.40% and a return on equity of 24.45%. Analysts anticipate that Wartsila will post 0.24 EPS for the current year.

Wartsila Company Profile

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.