Wartsila (OTCMKTS:WRTBY) Receives Consensus Rating of “Reduce” from Brokerages

Wartsila (OTCMKTS:WRTBY) has received a consensus recommendation of “Reduce” from the seven research firms that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

WRTBY has been the subject of a number of analyst reports. UBS Group downgraded shares of Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday, May 28th. Oddo Bhf initiated coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating on the stock. Citigroup reaffirmed a “sell” rating on shares of Wartsila in a research note on Monday, July 27th. Finally, The Goldman Sachs Group raised Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th.

Wartsila Trading Up 0.4%

Shares of WRTBY opened at $6.71 on Friday. The stock has a market capitalization of $19.85 billion, a PE ratio of 25.81 and a beta of 1.25. The company’s fifty day moving average is $6.86 and its 200 day moving average is $7.66. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 1.24. Wartsila has a fifty-two week low of $5.57 and a fifty-two week high of $9.49.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings data on Tuesday, July 21st. The company reported $0.06 EPS for the quarter. Wartsila had a net margin of 9.77% and a return on equity of 25.56%. The business had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Sell-side analysts expect that Wartsila will post 0.25 earnings per share for the current fiscal year.

About Wartsila

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.