Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Up – Time to Buy?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) gapped up before the market opened on Wednesday . The stock had previously closed at $9.29, but opened at $9.67. Vestas Wind Systems AS shares last traded at $9.70, with a volume of 4,456 shares.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VWDRY. Berenberg Bank lowered shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a 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 investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Down 0.9%

The company has a fifty day moving average of $8.61 and a two-hundred day moving average of $7.10. The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $28.84 billion, a price-to-earnings ratio of 28.00, a P/E/G ratio of 0.58 and a beta of 1.17.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data on Wednesday, November 5th. The energy company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $6.14 billion during the quarter, compared to the consensus estimate of $5.43 billion. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. On average, research analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current 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.