Vestas Wind Systems AS (OTCMKTS:VWDRY) Given Average Rating of “Hold” by Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) has received an average rating of “Hold” from the seven analysts that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a strong buy rating to the company.

Several analysts recently weighed in on VWDRY shares. Kepler Capital Markets cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Monday, February 9th. Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st.

View Our Latest Stock Report on VWDRY

Vestas Wind Systems AS Stock Down 2.5%

Shares of VWDRY opened at $9.20 on Wednesday. The firm has a market cap of $27.48 billion, a P/E ratio of 27.88, a price-to-earnings-growth ratio of 1.42 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. Vestas Wind Systems AS has a 52 week low of $4.90 and a 52 week high of $10.58. The firm’s 50-day simple moving average is $9.74 and its 200 day simple moving average is $9.07.

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) last issued its quarterly earnings data 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. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. The firm had revenue of $4.66 billion during the quarter, compared to the consensus estimate of $4.48 billion. On average, analysts forecast that Vestas Wind Systems AS will post 0.44 earnings per share for the current year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Vestas Wind Systems AS (OTCMKTS:VWDRY)

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