Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Up Following Strong Earnings

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s share price gapped up prior to trading on Thursday following a stronger than expected earnings report. The stock had previously closed at $9.06, but opened at $10.52. Vestas Wind Systems AS shares last traded at $10.63, with a volume of 29,926 shares trading hands.

The energy company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05. The business 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 4.44% and a return on equity of 24.02%.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Three equities research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Vestas Wind Systems AS currently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.67. The firm has a market cap of $31.66 billion, a PE ratio of 32.12, a P/E/G ratio of 1.00 and a beta of 0.97. The business’s fifty day moving average is $8.97 and its 200-day moving average is $9.16.

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.