Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Average Recommendation of “Buy” from Brokerages

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have earned a consensus rating of “Buy” from the seven analysts that are covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, one has given a buy recommendation and four have assigned a strong buy recommendation to the company.

Several research firms recently issued reports on VWDRY. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th. Citigroup reaffirmed a “buy” rating on shares of Vestas Wind Systems AS in a report on Thursday, August 13th. Finally, Berenberg Bank upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th.

Vestas Wind Systems AS Stock Performance

OTCMKTS:VWDRY opened at $9.72 on Tuesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.66. The firm has a market cap of $29.03 billion, a price-to-earnings ratio of 22.60, a price-to-earnings-growth ratio of 0.73 and a beta of 1.03. The firm’s fifty day moving average price is $10.24 and its 200 day moving average price is $9.67. Vestas Wind Systems AS has a 1-year low of $6.15 and a 1-year high of $11.36.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.19 billion. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.07%. On average, sell-side analysts expect that Vestas Wind Systems AS will post 0.54 EPS for the current year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S is a Denmark-based renewable energy company focused on wind power. The company designs, manufactures, installs and services wind turbines and provides related technology, software and lifecycle support for wind energy projects.

Vestas supplies solutions for both onshore and offshore wind farms. Its services include turbine maintenance, monitoring, upgrades and other operational support intended to help customers improve the performance and reliability of their wind assets over time.

Founded in 1945, Vestas serves utilities, independent power producers, developers and other energy customers in markets around the world.