Wartsila (OTCMKTS:WRTBY) Receives Consensus Recommendation of “Reduce” from Analysts

Wartsila (OTCMKTS:WRTBY) has received a consensus rating of “Reduce” from the seven research firms that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating and four have issued a hold rating on the company.

A number of equities analysts recently weighed in on WRTBY shares. UBS Group lowered shares of Wartsila from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th. The Goldman Sachs Group upgraded shares of Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Wartsila in a research report on Thursday, April 30th.

Wartsila Price Performance

Shares of OTCMKTS:WRTBY opened at $7.25 on Monday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.04 and a current ratio of 1.39. The firm has a fifty day moving average price of $8.17 and a 200 day moving average price of $7.94. Wartsila has a fifty-two week low of $4.29 and a fifty-two week high of $9.49. The firm has a market cap of $21.45 billion, a price-to-earnings ratio of 29.00 and a beta of 1.24.

Wartsila (OTCMKTS:WRTBY) last issued its earnings results on Tuesday, April 28th. The company reported $0.06 earnings per share for the quarter. Wartsila had a net margin of 9.40% and a return on equity of 24.45%. The firm had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.74 billion. As a group, sell-side analysts expect that Wartsila will post 0.24 earnings per share for the current fiscal year.

Wartsila Company Profile

Wärtsilä (OTCMKTS: WRTBY) is a Finnish technology company specializing in sustainable solutions for the marine and energy sectors. Founded in 1834 and headquartered in Helsinki, Finland, Wärtsilä designs, manufactures and services equipment ranging from marine engines and propulsion systems to complete power plants. The company’s Energy Business provides flexible gas, multi-fuel and hybrid power plants, as well as long-term operation and maintenance services. In its Marine Business, Wärtsilä delivers integrated systems for ship design, digital operations and lifecycle support.

With a presence in over 80 countries, Wärtsilä serves shipowners, shipyards, power producers and utilities around the world.