Wartsila (OTCMKTS:WRTBY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of Wartsila (OTCMKTS:WRTBY – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Three research analysts have rated the stock with a sell rating and four have given a hold rating to the company.

WRTBY has been the subject of several research analyst reports. Citigroup restated a “sell” rating on shares of Wartsila in a research report on Monday, July 27th. Oddo Bhf started coverage on Wartsila in a report on Tuesday, July 7th. They issued a “neutral” rating on the stock.

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Wartsila Price Performance

Wartsila stock opened at $6.60 on Wednesday. The company’s 50 day simple moving average is $6.68 and its 200-day simple moving average is $7.42. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.89 and a current ratio of 1.24. Wartsila has a 1 year low of $5.77 and a 1 year high of $9.49. The company has a market capitalization of $19.53 billion, a price-to-earnings ratio of 25.39 and a beta of 1.16.

Wartsila (OTCMKTS:WRTBY – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $1.81 billion during the quarter, compared to analysts’ expectations of $1.73 billion. Wartsila had a net margin of 9.77% and a return on equity of 25.56%. As a group, equities research analysts expect that Wartsila will post 0.25 earnings per share for the current year.

Wartsila Company Profile

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Wärtsilä Oyj Abp is a Finland-based technology company serving the marine and energy industries. The company develops and supplies solutions designed to support efficient, flexible and lower-emission power generation, energy management and marine operations.

In its Energy business, Wärtsilä provides flexible power plants, energy storage systems, energy management software and related services. These offerings are used by utilities, independent power producers and other energy-sector customers to balance electricity systems and integrate renewable generation.

Wärtsilä’s Marine business supplies engines and propulsion systems, hybrid and integrated power solutions, exhaust treatment equipment, navigation and automation technologies, and other products and services for commercial vessels and other marine applications.

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