Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Down - Should You Sell?

Key Points

• Vestas Wind Systems AS shares gapped down, opening at $6.23 after a previous close of $6.45, with the last traded price at $6.27 and a trading volume of 22,571 shares.
• Analyst ratings show a mixed sentiment, with one analyst rating the stock as a Strong Buy, while others have assigned ratings ranging from Buy to Strong Sell, resulting in a consensus rating of Hold.
• The company reported a quarterly earnings per share (EPS) of $0.01, exceeding analysts' expectations, and generated revenue of $4.37 billion compared to the consensus estimate of $3.98 billion.

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $6.45, but opened at $6.23. Vestas Wind Systems AS shares last traded at $6.27, with a volume of 22,571 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Vestas Wind Systems AS in a research report on Friday, August 15th. Citigroup reissued a "buy" rating on shares of Vestas Wind Systems AS in a research report on Wednesday, May 21st. Kepler Capital Markets downgraded Vestas Wind Systems AS from a "hold" rating to a "strong sell" rating in a research report on Monday, July 21st. Finally, Fearnley Fonds downgraded Vestas Wind Systems AS from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 18th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold".

Vestas Wind Systems AS Stock Down 0.3%

The business's 50 day moving average price is $6.22 and its 200-day moving average price is $5.41. The company has a debt-to-equity ratio of 0.84, a current ratio of 0.96 and a quick ratio of 0.56. The company has a market cap of $18.57 billion, a P/E ratio of 22.70, a PEG ratio of 0.71 and a beta of 1.20.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last posted its earnings results on Wednesday, August 13th. The energy company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.02. Vestas Wind Systems AS had a net margin of 4.08% and a return on equity of 23.25%. The company had revenue of $4.37 billion during the quarter, compared to analysts' expectations of $3.98 billion. On average, 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 engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.