Vestas Wind Systems AS (VWDRY) – What Are Researchers Thinking About This Stock?

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

VWDRY has been the topic of several research reports. Berenberg Bank upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Citigroup restated a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th.

Vestas Wind Systems AS Stock Down 1.9%

VWDRY opened at $9.35 on Friday. Vestas Wind Systems AS has a 1-year low of $6.62 and a 1-year high of $11.36. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $27.93 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 0.71 and a beta of 1.03. The business has a 50 day moving average of $10.13 and a 200-day moving average of $9.46.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. The business had revenue of $5.45 billion for 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%. As a group, sell-side analysts anticipate that Vestas Wind Systems AS will post 0.52 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S is a Denmark-based renewable energy company that designs, manufactures, installs and services wind turbines. Its products and solutions are used in onshore and offshore wind energy projects, supported by digital monitoring, maintenance and lifecycle services intended to improve turbine performance and reliability.

The company serves utilities, independent power producers, commercial customers and other energy developers across major wind markets worldwide. Its activities cover the wind project lifecycle, including turbine supply, installation, commissioning, service agreements, spare parts and other operational support.

Vestas traces its origins to 1945, when it was established in Denmark as a manufacturer of household appliances and later agricultural machinery.