Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 1-Year High – Time to Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $9.33 and last traded at $9.31, with a volume of 43316 shares traded. The stock had previously closed at $8.9686.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on VWDRY shares. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, Berenberg Bank downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Up 3.9%

The firm has a market cap of $28.22 billion, a P/E ratio of 27.40, a PEG ratio of 0.76 and a beta of 1.17. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. The firm’s fifty day moving average is $8.09 and its two-hundred day moving average is $6.82.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $6.14 billion during the quarter, compared to the consensus estimate of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. Analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal 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.