Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Rating of “Moderate Buy” by Brokerages

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a strong buy recommendation to the company.

Several research analysts recently commented on VWDRY shares. Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th.

Vestas Wind Systems AS Stock Down 0.8%

Vestas Wind Systems AS stock opened at $9.01 on Thursday. Vestas Wind Systems AS has a 52 week low of $5.34 and a 52 week high of $10.58. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 0.81. The business’s 50-day moving average price is $9.30 and its 200 day moving average price is $9.21. The firm has a market cap of $26.91 billion, a price-to-earnings ratio of 27.30, a price-to-earnings-growth ratio of 1.00 and a beta of 0.96.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The business had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. As a group, sell-side analysts anticipate that Vestas Wind Systems AS will post 0.46 earnings per share 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.