Wartsila (OTCMKTS:WRTBY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Wartsila (OTCMKTS:WRTBY) have earned a consensus rating of “Reduce” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

A number of analysts have recently weighed in on the stock. Citigroup reaffirmed a “sell” rating on shares of Wartsila in a research report on Monday, July 27th. Oddo Bhf initiated coverage on shares of Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating for the company.

Wartsila Trading Up 3.3%

OTCMKTS WRTBY opened at $6.60 on Wednesday. The firm has a market capitalization of $19.53 billion, a PE ratio of 25.39 and a beta of 1.16. The stock’s 50 day moving average is $6.68 and its 200 day moving average is $7.42. Wartsila has a twelve month low of $5.77 and a twelve month high of $9.49. The company has a quick ratio of 0.89, a current ratio of 1.24 and a debt-to-equity ratio of 0.10.

Wartsila (OTCMKTS:WRTBY) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $0.06 earnings per share (EPS) for the quarter. The business had revenue of $1.81 billion during the quarter, compared to the consensus estimate of $1.73 billion. Wartsila had a return on equity of 25.56% and a net margin of 9.77%. Research analysts forecast that Wartsila will post 0.25 earnings per share for the current fiscal year.

Wartsila Company Profile

Wärtsilä Oyj Abp is a Finland-based technology company serving the marine and energy industries. The company develops and supplies solutions designed to support efficient, flexible and lower-emission power generation, energy management and marine operations.

In its Energy business, Wärtsilä provides flexible power plants, energy storage systems, energy management software and related services. These offerings are used by utilities, independent power producers and other energy-sector customers to balance electricity systems and integrate renewable generation.

Wärtsilä’s Marine business supplies engines and propulsion systems, hybrid and integrated power solutions, exhaust treatment equipment, navigation and automation technologies, and other products and services for commercial vessels and other marine applications.