Wartsila (OTCMKTS:WRTBY) Receives Consensus Rating of “Reduce” from Brokerages

Wartsila (OTCMKTS:WRTBY) has been given an average recommendation of “Reduce” by the seven research firms that are covering the company, MarketBeat.com reports. Three research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

WRTBY has been the subject of a number of analyst reports. The Goldman Sachs Group upgraded Wartsila from a “strong sell” rating to a “neutral” rating in a research note on Thursday, June 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Wartsila in a research note on Thursday, April 30th. Oddo Bhf started coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating on the stock. Citigroup reiterated a “sell” rating on shares of Wartsila in a report on Monday, July 27th. Finally, UBS Group lowered Wartsila from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th.

Wartsila Price Performance

Shares of WRTBY opened at $6.75 on Tuesday. The firm has a market cap of $19.99 billion, a PE ratio of 25.98 and a beta of 1.26. Wartsila has a 52-week low of $5.36 and a 52-week high of $9.49. The business’s 50 day moving average price is $7.25 and its two-hundred day moving average price is $7.84. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.04 and a current ratio of 1.39.

Wartsila (OTCMKTS:WRTBY) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. Wartsila had a net margin of 9.77% and a return on equity of 24.27%. The firm had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.73 billion. On average, equities analysts anticipate that Wartsila will post 0.25 EPS for the current year.

About Wartsila

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.