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

Wartsila (OTCMKTS:WRTBY) has been given a consensus recommendation of “Reduce” by the seven research firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation and four have assigned a hold recommendation to the company.

WRTBY has been the subject of several research reports. The Goldman Sachs Group raised shares of Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th. UBS Group cut shares of Wartsila from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research report on Thursday, April 30th.

Wartsila Price Performance

Wartsila stock opened at $7.80 on Monday. The stock has a market cap of $23.08 billion, a price-to-earnings ratio of 31.20 and a beta of 1.24. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.39 and a quick ratio of 1.04. Wartsila has a 1 year low of $4.29 and a 1 year high of $9.49. The firm has a 50-day moving average of $8.27 and a two-hundred day moving average of $7.93.

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

Wartsila Company Profile

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.