Wartsila (OTCMKTS:WRTBY) Given Average Recommendation of “Reduce” by Analysts

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

A number of research analysts have weighed in on the company. The Goldman Sachs Group raised Wartsila to a “neutral” rating in a report on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a report on Thursday, April 30th. Finally, UBS Group downgraded Wartsila from a “buy” rating to a “neutral” rating in a report on Thursday, May 28th.

Wartsila Trading Up 3.4%

Wartsila stock opened at $8.18 on Thursday. 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 one year low of $4.03 and a one year high of $9.49. The stock has a market capitalization of $24.20 billion, a PE ratio of 32.72 and a beta of 1.24. The business’s fifty day moving average is $8.20 and its 200 day moving average is $7.79.

Wartsila (OTCMKTS:WRTBY) last posted its earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter. Wartsila had a return on equity of 24.45% and a net margin of 9.40%.The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.74 billion. On average, sell-side analysts predict that Wartsila will post 0.24 EPS 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.