Vestas Wind Systems AS (OTCMKTS:VWDRY) Receives Consensus Rating of "Buy" from Brokerages

Key Points

• Vestas Wind Systems has a consensus “Buy” rating from seven analysts: four strong-buy, one buy, one hold, and one sell recommendation. Berenberg and Kepler Capital Markets recently upgraded the stock to strong buy.
• In its latest quarter, Vestas reported EPS of $0.11 versus the $0.06 consensus estimate and revenue of $5.45 billion, above analyst expectations of $5.19 billion.
• VWDRY opened at $10.06, with a market capitalization of approximately $30.05 billion and a 12-month trading range of $6.13 to $11.36; analysts expect full-year EPS of $0.54.

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) have earned an average recommendation of "Buy" from the seven brokerages that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, one has given a buy recommendation and four have issued a strong buy recommendation on the company.

Several brokerages recently commented on VWDRY. Berenberg Bank raised Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 26th. Kepler Capital Markets upgraded Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research note on Friday, June 5th. Citigroup reissued a "buy" rating on shares of Vestas Wind Systems AS in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Vestas Wind Systems AS in a research note on Friday, August 14th.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY stock opened at $10.06 on Tuesday. The company's fifty day simple moving average is $10.15 and its 200-day simple moving average is $9.61. The company has a quick ratio of 0.66, a current ratio of 1.03 and a debt-to-equity ratio of 0.81. The firm has a market cap of $30.05 billion, a PE ratio of 23.40, a P/E/G ratio of 0.74 and a beta of 0.99. Vestas Wind Systems AS has a 12 month low of $6.13 and a 12 month high of $11.36.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last issued its quarterly earnings results on Wednesday, August 12th. The energy company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.05. The firm had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.19 billion. Vestas Wind Systems AS had a net margin of 5.42% and a return on equity of 29.07%. Equities research analysts expect that Vestas Wind Systems AS will post 0.54 EPS for the current fiscal year.

About Vestas Wind Systems AS

Vestas Wind Systems A/S is a Denmark-based renewable energy company focused on wind power. The company designs, manufactures, installs and services wind turbines for utility-scale and commercial customers, with products serving both onshore and offshore wind markets.

Its business includes wind turbine systems, blades, controls and related equipment, as well as project support, maintenance, monitoring and other lifecycle services. Vestas also provides digital and operational solutions intended to help customers manage wind assets and optimize energy production over time.

Vestas traces its origins to 1945, when it was established in western Denmark as a manufacturer of household equipment and later industrial products before entering the wind industry.

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