Vestas Wind Systems AS (OTCMKTS:VWDRY) Reaches New 12-Month High – Still a Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) shares reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $9.74 and last traded at $9.74, with a volume of 119155 shares. The stock had previously closed at $9.38.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on VWDRY. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Berenberg Bank downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. 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. Finally, Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Two research 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Up 3.8%

The firm’s 50 day moving average price is $8.57 and its 200-day moving average price is $7.09. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.97 and a quick ratio of 0.60. The stock has a market cap of $29.51 billion, a P/E ratio of 28.65, a P/E/G ratio of 0.56 and a beta of 1.17.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $6.14 billion during the quarter, compared to analyst estimates of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. As a group, equities research 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.