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

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have been given a consensus rating of “Hold” by the seven ratings firms that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a strong buy rating to the company.

VWDRY has been the subject of several analyst reports. Kepler Capital Markets lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st.

Vestas Wind Systems AS Trading Down 1.1%

Shares of OTCMKTS:VWDRY opened at $9.89 on Wednesday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. Vestas Wind Systems AS has a 12-month low of $4.90 and a 12-month high of $10.58. The firm has a fifty day moving average of $9.64 and a two-hundred day moving average of $9.03. The firm has a market capitalization of $29.54 billion, a P/E ratio of 29.97, a price-to-earnings-growth ratio of 1.51 and a beta of 1.01.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.90%. The business had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.48 billion. On average, equities analysts expect that Vestas Wind Systems AS will post 0.44 EPS 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.