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

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have earned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have issued a strong buy recommendation on the company.

Several equities research analysts recently commented on the stock. Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th. Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st.

Vestas Wind Systems AS Price Performance

Shares of OTCMKTS:VWDRY opened at $9.15 on Thursday. The firm has a 50 day moving average of $9.23 and a 200-day moving average of $9.21. The stock has a market capitalization of $27.33 billion, a PE ratio of 27.73, a PEG ratio of 1.00 and a beta of 0.96. 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 $5.72 and a 12 month high of $10.58.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.48 billion. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%. On average, equities research analysts predict that Vestas Wind Systems AS will post 0.46 EPS for the current fiscal 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.