Vestas Wind Systems AS (OTCMKTS:VWDRY) Releases Quarterly Earnings Results, Beats Estimates By $0.02 EPS

Key Points

• EPS beat: Vestas reported quarterly EPS of $0.03, beating the $0.01 consensus by $0.02; the company posted a net margin of 4.22% and a return on equity of 23.30%.
• Shares rose to $10.13 on Wednesday with 116,472 shares traded (vs. average volume 309,547); the stock has a 52-week range of $4.52–$10.58, a market cap of $30.69 billion and a P/E of 33.77.
• Analyst sentiment: MarketBeat shows a consensus rating of "Moderate Buy" (two Strong Buy, one Buy, four Hold, one Sell), with recent moves including a Rothschild upgrade to Strong-Buy and a Kepler downgrade to Hold.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) issued its quarterly earnings results on Wednesday. The energy company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.01 by $0.02, Zacks reports. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%.

Vestas Wind Systems AS Stock Performance

Shares of VWDRY stock traded up $0.03 during trading hours on Wednesday, hitting $10.13. 116,472 shares of the company were exchanged, compared to its average volume of 309,547. The firm has a fifty day simple moving average of $9.12 and a 200 day simple moving average of $8.69. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 0.67. Vestas Wind Systems AS has a 52-week low of $4.52 and a 52-week high of $10.58. The stock has a market capitalization of $30.69 billion, a price-to-earnings ratio of 33.77, a P/E/G ratio of 1.55 and a beta of 1.01.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports 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 note on Tuesday, March 31st. Kepler Capital Markets lowered shares of Vestas Wind Systems AS from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 9th. 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 issued a Sell rating to the stock. According to data from MarketBeat, Vestas Wind Systems AS presently has a consensus rating of "Moderate Buy".

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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