Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Average Recommendation of “Buy” from Analysts

Vestas Wind Systems AS (OTCMKTS:VWDRY) has been given a consensus rating of “Buy” by the seven research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and four have assigned a strong buy rating to the company.

Several equities research analysts have recently issued reports on VWDRY shares. Berenberg Bank upgraded shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. 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. Citigroup reaffirmed a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th.

Vestas Wind Systems AS Stock Performance

OTCMKTS VWDRY opened at $10.88 on Friday. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 0.81. Vestas Wind Systems AS has a twelve month low of $5.92 and a twelve month high of $11.36. The business has a 50-day moving average price of $9.80 and a 200-day moving average price of $9.42. The firm has a market cap of $32.50 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 0.81 and a beta of 0.99.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its earnings results on Wednesday, August 12th. The energy company reported $0.11 earnings per share (EPS) for the quarter, beating 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 company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.19 billion. As a group, equities research analysts predict that Vestas Wind Systems AS will post 0.54 EPS for the current fiscal year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S is a Denmark-based renewable energy company focused on wind power. The company designs, manufactures, installs and services wind turbines for utility-scale and commercial customers, with products serving both onshore and offshore wind markets.

Its business includes wind turbine systems, blades, controls and related equipment, as well as project support, maintenance, monitoring and other lifecycle services. Vestas also provides digital and operational solutions intended to help customers manage wind assets and optimize energy production over time.

Vestas traces its origins to 1945, when it was established in western Denmark as a manufacturer of household equipment and later industrial products before entering the wind industry.