Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Average Recommendation of “Buy” from Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY) has been given a consensus recommendation of “Buy” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and four have issued a strong buy rating on the company.

VWDRY has been the subject of several research reports. Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Friday, June 5th. Berenberg Bank raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 26th. Citigroup restated a “buy” rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 14th.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY stock opened at $11.11 on Friday. The stock has a market capitalization of $33.18 billion, a price-to-earnings ratio of 25.84, a PEG ratio of 0.79 and a beta of 0.99. Vestas Wind Systems AS has a one year low of $5.92 and a one year high of $11.24. The company’s 50-day simple moving average is $9.62 and its 200-day simple moving average is $9.32. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced 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 firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.19 billion. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%. Equities analysts anticipate that Vestas Wind Systems AS will post 0.54 earnings per share for the current fiscal 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.