Vestas Wind Systems AS (VWDRY) Expected to Announce Quarterly Earnings on Wednesday

Vestas Wind Systems AS (OTCMKTS:VWDRY) is expected to be issuing its results before the market opens on Wednesday, February 4th. Analysts expect the company to announce earnings of $0.17 per share and revenue of $6.4099 billion for the quarter.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The firm had revenue of $6.14 billion for the quarter, compared to analyst estimates 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, analysts expect Vestas Wind Systems AS to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Vestas Wind Systems AS Trading Up 1.2%

Shares of VWDRY opened at $10.24 on Wednesday. Vestas Wind Systems AS has a fifty-two week low of $3.96 and a fifty-two week high of $10.24. The business has a 50-day moving average of $8.86 and a 200 day moving average of $7.36. The firm has a market cap of $31.03 billion, a P/E ratio of 30.12, a price-to-earnings-growth ratio of 0.60 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on VWDRY shares. DZ Bank upgraded shares of Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Berenberg Bank downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Finally, Kepler Capital Markets raised Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vestas Wind Systems AS presently has a consensus rating of “Moderate Buy”.

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.