Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 12-Month High – Time to Buy?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) reached a new 52-week high during trading on Monday . The company traded as high as $10.30 and last traded at $10.2570, with a volume of 41610 shares. The stock had previously closed at $9.98.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on VWDRY shares. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a report on Wednesday, December 10th. Berenberg Bank downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Two research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Down 1.9%

The firm’s 50-day simple moving average is $9.10 and its 200-day simple moving average is $7.52. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $30.60 billion, a PE ratio of 29.71, a price-to-earnings-growth ratio of 0.61 and a beta of 1.16.

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

Vestas Wind Systems AS Company Profile

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.