Vestas Wind Systems AS (OTCMKTS:VWDRY) Sets New 52-Week High – Here’s What Happened

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) reached a new 52-week high on Thursday . The company traded as high as $10.9530 and last traded at $10.9530, with a volume of 18666 shares traded. The stock had previously closed at $10.82.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on VWDRY shares. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th. Finally, Citigroup reissued a “buy” rating on shares of Vestas Wind Systems AS in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Vestas Wind Systems AS currently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The company has a market capitalization of $32.79 billion, a price-to-earnings ratio of 25.53, a PEG ratio of 0.76 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.67. The stock has a 50 day simple moving average of $9.15 and a two-hundred day simple moving average of $9.18.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.05. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%.The business had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.19 billion. As a group, analysts anticipate that Vestas Wind Systems AS will post 0.54 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

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.