Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 12-Month High – Time to Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY) reached a new 52-week high on Thursday . The company traded as high as $9.74 and last traded at $9.74, with a volume of 119155 shares. The stock had previously closed at $9.38.

Wall Street Analyst Weigh In

VWDRY has been the topic of several research analyst reports. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. DZ Bank raised shares of Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Finally, Kepler Capital Markets upgraded Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research note on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

The company’s 50-day simple moving average is $8.64 and its 200 day simple moving average is $7.14. The company has a market cap of $28.84 billion, a PE ratio of 28.00, a PEG ratio of 0.57 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. The business had revenue of $6.14 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Vestas Wind Systems AS had a return on equity of 27.61% and a net margin of 5.00%. On average, sell-side analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal year.

About Vestas Wind Systems AS

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.