Vestas Wind Systems AS (OTCMKTS:VWDRY) Upgraded at Berenberg Bank

Berenberg Bank upgraded shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) from a hold rating to a strong-buy rating in a report published on Wednesday morning,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Citigroup reiterated a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 14th. Finally, Kepler Capital Markets upgraded Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Four research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy”.

Vestas Wind Systems AS Trading Down 3.6%

VWDRY stock opened at $10.82 on Wednesday. Vestas Wind Systems AS has a one year low of $5.92 and a one year high of $11.24. The stock has a market cap of $32.32 billion, a price-to-earnings ratio of 25.16, a price-to-earnings-growth ratio of 0.82 and a beta of 0.97. The company has a fifty day moving average price of $9.45 and a two-hundred day moving average price of $9.25. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.03 and a quick ratio of 0.67.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.05. The company had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.19 billion. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.50%. Equities analysts anticipate that Vestas Wind Systems AS will post 0.54 EPS 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.