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

Shares of Wartsila (OTCMKTS:WRTBY) have received an average rating of “Reduce” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company.

Several equities analysts have commented on WRTBY shares. The Goldman Sachs Group raised Wartsila from a “strong sell” rating to a “neutral” rating in a research report on Thursday, June 4th. Oddo Bhf began coverage on Wartsila in a research report on Tuesday, July 7th. They set a “neutral” rating for the company. Citigroup restated a “sell” rating on shares of Wartsila in a report on Monday, July 27th. Finally, UBS Group downgraded shares of Wartsila from a “buy” rating to a “neutral” rating in a research note on Thursday, May 28th.

Wartsila Stock Up 0.4%

Shares of OTCMKTS:WRTBY opened at $6.71 on Friday. The firm has a market capitalization of $19.85 billion, a PE ratio of 25.81 and a beta of 1.25. The business has a 50 day simple moving average of $6.86 and a two-hundred day simple moving average of $7.66. Wartsila has a 1 year low of $5.57 and a 1 year high of $9.49. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.24 and a quick ratio of 0.89.

Wartsila (OTCMKTS:WRTBY) last issued its quarterly earnings results on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. Wartsila had a return on equity of 25.56% and a net margin of 9.77%.The firm had revenue of $1.81 billion for the quarter, compared to the consensus estimate of $1.73 billion. On average, equities analysts predict that Wartsila will post 0.25 EPS for the current 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.