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

Vestas Wind Systems AS (OTCMKTS:VWDRY) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have issued a strong buy recommendation on the company.

Several equities analysts have recently issued reports on the company. Rothschild & Co Redburn upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 31st. Kepler Capital Markets upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th.

Vestas Wind Systems AS Price Performance

Shares of VWDRY stock opened at $8.73 on Friday. The stock has a 50-day moving average price of $9.53 and a 200 day moving average price of $9.18. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 0.81. The firm has a market cap of $26.07 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 1.32 and a beta of 0.97. Vestas Wind Systems AS has a 12 month low of $4.90 and a 12 month high of $10.58.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, May 6th. The energy company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.01 by $0.02. The firm had revenue of $4.66 billion during the quarter, compared to analyst estimates of $4.48 billion. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%. Research analysts expect that Vestas Wind Systems AS will post 0.44 EPS 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.