Vestas Wind Systems AS (OTCMKTS:VWDRY) Downgraded to Hold Rating by Kepler Capital Markets

Kepler Capital Markets downgraded shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) from a strong-buy rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

A number of other analysts also recently commented on the company. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Berenberg Bank lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Vestas Wind Systems AS presently has an average rating of “Hold”.

Vestas Wind Systems AS Stock Up 0.8%

Vestas Wind Systems AS stock opened at $8.73 on Monday. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $10.44. The stock has a market cap of $26.44 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 0.50 and a beta of 1.16. The company’s 50-day moving average price is $9.21 and its two-hundred day moving average price is $7.60. The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings data on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 24.35%. The business had revenue of $7.40 billion during the quarter, compared to analysts’ expectations of $6.41 billion. On average, analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal 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.