Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Recommendation of “Moderate Buy” by Brokerages

by · The Cerbat Gem

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) have earned an average rating of “Moderate Buy” from the seven brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of analysts have recently weighed in on VWDRY shares. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. Finally, DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st.

Read Our Latest Stock Analysis on VWDRY

Vestas Wind Systems AS Stock Down 0.5%

Shares of OTCMKTS:VWDRY opened at $8.97 on Friday. The firm has a market capitalization of $27.17 billion, a P/E ratio of 26.38, a P/E/G ratio of 0.76 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. The stock has a 50 day moving average price of $8.09 and a 200-day moving average price of $6.82. Vestas Wind Systems AS has a 52-week low of $3.96 and a 52-week high of $9.07.

Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a return on equity of 27.61% and a net margin of 5.00%. As a group, equities research analysts anticipate that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

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.

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