Wartsila (OTCMKTS:WRTBY) Receives Average Recommendation of “Reduce” from Analysts

Wartsila (OTCMKTS:WRTBY) has received a consensus rating of “Reduce” from the six analysts that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and three have issued a hold recommendation on the company.

A number of equities analysts have weighed in on WRTBY shares. UBS Group cut Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wartsila in a report on Thursday, April 30th.

Wartsila Stock Down 4.0%

OTCMKTS WRTBY opened at $7.74 on Thursday. The stock has a market cap of $22.90 billion, a PE ratio of 30.96 and a beta of 1.24. Wartsila has a fifty-two week low of $3.91 and a fifty-two week high of $9.49. The business has a 50 day moving average price of $8.17 and a two-hundred day moving average price of $7.77. The company has a quick ratio of 1.04, a current ratio of 1.39 and a debt-to-equity ratio of 0.11.

Wartsila (OTCMKTS:WRTBY) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $1.82 billion during the quarter, compared to analysts’ expectations of $1.74 billion. Wartsila had a return on equity of 24.45% and a net margin of 9.40%. As a group, sell-side analysts predict that Wartsila will post 0.24 EPS for the current fiscal year.

About Wartsila

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.