Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Up – Should You Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $8.51, but opened at $8.86. Vestas Wind Systems AS shares last traded at $8.8505, with a volume of 6,675 shares.

Analyst Ratings Changes

A number of research firms recently issued reports on VWDRY. 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 raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Three research analysts have rated the stock with a Strong Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Up 2.2%

The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. The firm has a market capitalization of $26.61 billion, a PE ratio of 27.00, a PEG ratio of 1.31 and a beta of 0.97. The company’s 50 day simple moving average is $9.70 and its 200-day simple moving average is $9.15.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02. The business had revenue of $4.66 billion for the quarter, compared to analysts’ expectations of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. On average, analysts forecast that Vestas Wind Systems AS will post 0.44 EPS for the current fiscal 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.