Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 52-Week High – Time to Buy?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $10.9530 and last traded at $10.9530, with a volume of 18666 shares. The stock had previously closed at $10.82.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. Citigroup restated a “buy” rating on shares of Vestas Wind Systems AS in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a report on Friday, August 14th. Finally, Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th. Three investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Get Vestas Wind Systems AS alerts:

View Our Latest Report on Vestas Wind Systems AS

Vestas Wind Systems AS Trading Down 0.8%

The stock has a market capitalization of $32.50 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 0.80 and a beta of 0.97. The company has a current ratio of 1.03, a quick ratio of 0.67 and a debt-to-equity ratio of 0.81. The company has a fifty day moving average of $9.24 and a two-hundred day moving average of $9.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 12th. The energy company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.06 by $0.05. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%.The company had revenue of $5.45 billion for the quarter, compared to the consensus estimate of $5.19 billion. On average, research analysts expect that Vestas Wind Systems AS will post 0.54 EPS for the current year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

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.

See Also

• Five stocks we like better than Vestas Wind Systems AS
• Blueprint for a Boom: SEC Clears the Crypto Runway
• Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss
• Advance Auto Parts Plunged, But Its Turnaround Is Still Working
• Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

Receive News & Ratings for Vestas Wind Systems AS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vestas Wind Systems AS and related companies with MarketBeat.com's FREE daily email newsletter.