Vestas Wind Systems AS (OTCMKTS:VWDRY) Upgraded by Rothschild & Co Redburn to Strong-Buy Rating

Vestas Wind Systems AS (OTCMKTS:VWDRY) was upgraded by Rothschild & Co Redburn from a “hold” rating to a “strong-buy” rating in a report issued on Tuesday,Zacks.com reports.

Several other analysts have also issued reports on VWDRY. Kepler Capital Markets lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 9th. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Finally, DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Up 8.1%

OTCMKTS VWDRY opened at $9.98 on Tuesday. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $10.44. The business has a 50 day moving average price of $8.72 and a 200-day moving average price of $8.10. The company has a market cap of $30.22 billion, a price-to-earnings ratio of 33.25, a P/E/G ratio of 1.39 and a beta of 1.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%.The company had revenue of $7.40 billion for the quarter, compared to analysts’ expectations of $6.41 billion. As a group, equities analysts expect that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal 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.