Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS (OTCMKTS:VWDRY – Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.
Several other equities analysts also recently commented on VWDRY. Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a report on Sunday, December 21st. Finally, Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Stock Analysis on Vestas Wind Systems AS
Vestas Wind Systems AS Stock Performance
Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last released its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $7.40 billion for the quarter, compared to analysts’ expectations of $6.41 billion. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. On average, sell-side analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current 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.
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