Vestas Wind Systems AS (OTCMKTS:VWDRY) Releases Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Vestas Wind Systems AS (OTCMKTS:VWDRY) issued its quarterly earnings data on Wednesday. The energy company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.05, Zacks reports. Vestas Wind Systems AS had a return on equity of 24.02% and a net margin of 4.44%.

Vestas Wind Systems AS Stock Up 19.5%

Shares of Vestas Wind Systems AS stock traded up $1.77 on Wednesday, reaching $10.83. 286,891 shares of the company were exchanged, compared to its average volume of 256,072. Vestas Wind Systems AS has a one year low of $5.78 and a one year high of $10.94. The company has a market capitalization of $32.34 billion, a price-to-earnings ratio of 32.82, a PEG ratio of 0.99 and a beta of 0.97. The company has a 50-day moving average of $8.93 and a 200 day moving average of $9.15. The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81.

Analyst Ratings Changes

Separately, Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 5th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Vestas Wind Systems AS presently has a consensus rating of “Moderate Buy”.

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.