Vestas Wind Systems AS (VWDRY) – What Are Brokerages Saying About This Stock?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) have received a consensus recommendation of “Buy” from the seven research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, one has assigned a buy recommendation and four have issued a strong buy recommendation on the company.

A number of research firms have recently weighed in on VWDRY. Berenberg Bank raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 26th. Citigroup reaffirmed a “buy” rating on shares of Vestas Wind Systems AS in a research report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 14th.

Vestas Wind Systems AS Price Performance

Shares of Vestas Wind Systems AS stock opened at $9.23 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.66. Vestas Wind Systems AS has a one year low of $6.24 and a one year high of $11.36. The business’s 50 day simple moving average is $10.27 and its two-hundred day simple moving average is $9.72. The stock has a market capitalization of $27.57 billion, a P/E ratio of 21.47, a price-to-earnings-growth ratio of 0.71 and a beta of 1.03.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.06 by $0.05. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.07%. The firm had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.19 billion. Analysts forecast that Vestas Wind Systems AS will post 0.52 EPS for the current year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S is a Denmark-based renewable energy company that designs, manufactures, installs and services wind turbines. Its products and solutions are used in onshore and offshore wind energy projects, supported by digital monitoring, maintenance and lifecycle services intended to improve turbine performance and reliability.

The company serves utilities, independent power producers, commercial customers and other energy developers across major wind markets worldwide. Its activities cover the wind project lifecycle, including turbine supply, installation, commissioning, service agreements, spare parts and other operational support.

Vestas traces its origins to 1945, when it was established in Denmark as a manufacturer of household appliances and later agricultural machinery.