Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Rating of “Moderate Buy” by Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY) has earned an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

A number of research analysts recently weighed in on the stock. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st.

Vestas Wind Systems AS Trading Up 0.6%

Shares of Vestas Wind Systems AS stock opened at $8.98 on Friday. The company has a market capitalization of $27.21 billion, a P/E ratio of 26.41, a price-to-earnings-growth ratio of 0.76 and a beta of 1.21. The stock has a fifty day simple moving average of $7.87 and a 200 day simple moving average of $6.73. Vestas Wind Systems AS has a 12-month low of $3.96 and a 12-month high of $9.07. 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 issued its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a return on equity of 27.61% and a net margin of 5.00%. On average, sell-side analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share 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.