Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Up – Should You Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) gapped up prior to trading on Wednesday . The stock had previously closed at $9.29, but opened at $9.67. Vestas Wind Systems AS shares last traded at $9.70, with a volume of 4,456 shares changing hands.

Analysts Set New Price Targets

VWDRY has been the topic of several recent research reports. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Finally, Kepler Capital Markets raised Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. Two investment analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Vestas Wind Systems AS currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. The stock’s 50-day simple moving average is $8.53 and its two-hundred day simple moving average is $7.07. The stock has a market cap of $29.46 billion, a price-to-earnings ratio of 28.60, a price-to-earnings-growth ratio of 0.55 and a beta of 1.17.

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