Vestas Wind Systems AS (OTCMKTS:VWDRY) Rating Increased to Strong-Buy at Kepler Capital Markets

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

Separately, Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Three investment analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Down 2.9%

VWDRY opened at $8.73 on Friday. The company has a fifty day moving average price of $9.80 and a 200-day moving average price of $9.09. The firm has a market capitalization of $26.07 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 1.35 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.67. Vestas Wind Systems AS has a one year low of $4.90 and a one year high of $10.58.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. The firm had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.48 billion. Equities research analysts expect that Vestas Wind Systems AS will post 0.44 earnings per share for the current fiscal year.

About Vestas Wind Systems AS

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.