Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Strong Trading Volume on Analyst Upgrade

Vestas Wind Systems AS (OTCMKTS:VWDRY) saw unusually-strong trading volume on Wednesday after Rothschild & Co Redburn upgraded the stock from a hold rating to a strong-buy rating. Approximately 429,161 shares traded hands during trading, an increase of 124% from the previous session’s volume of 191,881 shares.The stock last traded at $9.65 and had previously closed at $9.9750.

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

Vestas Wind Systems AS Stock Performance

The company has a fifty day moving average of $8.73 and a two-hundred day moving average of $8.11. The stock has a market capitalization of $28.88 billion, a P/E ratio of 31.77, a price-to-earnings-growth ratio of 1.50 and a beta of 1.05. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.00 and a quick ratio of 0.66.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. The company had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $6.41 billion. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%. On average, equities analysts anticipate that Vestas Wind Systems AS will post 0.27 EPS 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.