Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Average Rating of “Moderate Buy” from Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and three have assigned a strong buy rating to the company.

Several analysts recently issued reports on VWDRY shares. Kepler Capital Markets raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday. Finally, Citigroup reissued a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY stock opened at $10.48 on Monday. The company has a market capitalization of $31.30 billion, a P/E ratio of 24.37, a PEG ratio of 1.08 and a beta of 0.97. Vestas Wind Systems AS has a fifty-two week low of $5.92 and a fifty-two week high of $10.94. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. The stock has a 50 day moving average price of $9.03 and a two-hundred day moving average price of $9.18.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its quarterly earnings results on Wednesday, August 12th. The energy company reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.19 billion. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.50%. Analysts expect that Vestas Wind Systems AS will post 0.5 earnings per share for the current year.

About Vestas Wind Systems AS

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.