Vestas Wind Systems AS (OTCMKTS:VWDRY) Rating Increased to Strong-Buy at Kepler Capital Markets

Vestas Wind Systems AS (OTCMKTS:VWDRY) was upgraded by Kepler Capital Markets from a “strong sell” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

A number of other equities research analysts have also weighed in on VWDRY. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Fearnley Fonds cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 18th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 15th. Finally, Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vestas Wind Systems AS presently has a consensus rating of “Hold”.

Vestas Wind Systems AS Stock Performance

Shares of Vestas Wind Systems AS stock opened at $8.74 on Wednesday. The company has a 50 day moving average price of $7.33 and a 200 day moving average price of $6.43. The firm has a market capitalization of $26.48 billion, a P/E ratio of 25.71, a PEG ratio of 0.70 and a beta of 1.21. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $8.79.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last released its earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. The company had revenue of $6.14 billion for the quarter, compared to the consensus estimate of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. Sell-side analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current year.

Vestas Wind Systems AS Company Profile

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.