Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 12-Month High - Still a Buy?

Key Points

• New 52-week high: Vestas (OTCMKTS:VWDRY) traded as high as $10.47 Monday and last at $10.21, sitting well above its 50- and 200-day moving averages of $8.69 and $8.29, signaling recent upward momentum.
• Analyst sentiment: the consensus is a "Moderate Buy" (2 Strong Buy, 1 Buy, 4 Hold, 1 Sell), with recent upgrades from Rothschild & Co Redburn and DZ Bank.
• Fundamentals and results: Vestas has a $30.8B market cap and PE of 33.9; it reported Q earnings of $0.17 (in line) and revenue of $7.40B (above the $6.41B estimate), with a net margin of 4.22% and ROE of 23.3%.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $10.47 and last traded at $10.21, with a volume of 2802 shares traded. The stock had previously closed at $10.09.

Analysts Set New Price Targets

A number of research analysts have weighed in on VWDRY shares. Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 31st. Kepler Capital Markets cut shares of Vestas Wind Systems AS from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 9th. Finally, DZ Bank raised shares of Vestas Wind Systems AS to a "strong-buy" rating in a research note on Sunday, December 21st. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy".

Vestas Wind Systems AS Stock Performance

The company has a market cap of $30.78 billion, a PE ratio of 33.87, a PEG ratio of 1.57 and a beta of 1.05. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.66 and a current ratio of 1.00. The firm's 50 day moving average is $8.69 and its 200-day moving average is $8.29.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last announced its quarterly earnings data on Thursday, February 5th. The energy company reported $0.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. The company had revenue of $7.40 billion during the quarter, compared to analysts' expectations of $6.41 billion. On average, research analysts anticipate that Vestas Wind Systems AS will post 0.27 earnings per share for the current fiscal year.

Vestas Wind Systems AS Company Profile

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.

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