Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have been given an average recommendation of “Moderate Buy” by the seven analysts that are presently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a strong buy rating to the company.

A number of brokerages recently issued reports on VWDRY. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Rothschild & Co Redburn raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 31st.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY opened at $8.91 on Friday. The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81. Vestas Wind Systems AS has a 12-month low of $4.90 and a 12-month high of $10.58. The firm has a 50-day moving average price of $9.67 and a 200 day moving average price of $9.15. The firm has a market capitalization of $26.61 billion, a P/E ratio of 27.00, a P/E/G ratio of 1.34 and a beta of 0.97.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.02. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. The firm had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.48 billion. Sell-side analysts forecast that Vestas Wind Systems AS will post 0.44 EPS for the current 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.