Vestas Wind Systems AS (OTCMKTS:VWDRY) Stock Rated “Buy” by Sell-Side Brokerages

Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) has earned a consensus rating of “Buy” from the seven analysts that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, one has issued a buy recommendation and four have issued a strong buy recommendation on the company.

Several equities research analysts recently commented on VWDRY shares. Berenberg Bank raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, August 26th. Citigroup reissued a “buy” rating on shares of Vestas Wind Systems AS in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 14th.

View Our Latest Stock Report on VWDRY

Vestas Wind Systems AS Stock Down 2.0%

Shares of VWDRY opened at $9.23 on Friday. The stock’s 50-day moving average price is $10.27 and its two-hundred day moving average price is $9.72. Vestas Wind Systems AS has a 12 month low of $6.24 and a 12 month high of $11.36. The company has a market capitalization of $27.57 billion, a PE ratio of 21.47, a PEG ratio of 0.71 and a beta of 1.03. The company has a current ratio of 1.03, a quick ratio of 0.66 and a debt-to-equity ratio of 0.81.

Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last released its earnings results on Wednesday, August 12th. The energy company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.05. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.07%. The business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.19 billion. On average, analysts anticipate that Vestas Wind Systems AS will post 0.52 EPS for the current year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

Vestas Wind Systems A/S is a Denmark-based renewable energy company that designs, manufactures, installs and services wind turbines. Its products and solutions are used in onshore and offshore wind energy projects, supported by digital monitoring, maintenance and lifecycle services intended to improve turbine performance and reliability.

The company serves utilities, independent power producers, commercial customers and other energy developers across major wind markets worldwide. Its activities cover the wind project lifecycle, including turbine supply, installation, commissioning, service agreements, spare parts and other operational support.

Vestas traces its origins to 1945, when it was established in Denmark as a manufacturer of household appliances and later agricultural machinery.

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Analyst Recommendations for Vestas Wind Systems AS (OTCMKTS:VWDRY)

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