Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report)'s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $9.07 and traded as low as $8.12. Vestas Wind Systems AS shares last traded at $8.21, with a volume of 159,407 shares changing hands.
Analyst Ratings Changes
VWDRY has been the subject of several recent analyst reports. Barclays restated an "underweight" rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Berenberg Bank lowered Vestas Wind Systems AS from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 13th. Kepler Capital Markets lowered 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. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Vestas Wind Systems AS has a consensus rating of "Hold".
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Vestas Wind Systems AS Stock Performance
The firm has a 50 day moving average of $9.07 and a 200-day moving average of $7.86. The company has a market cap of $24.88 billion, a P/E ratio of 27.37, a PEG ratio of 1.25 and a beta of 1.20. The company has a quick ratio of 0.66, a current ratio of 1.00 and a debt-to-equity ratio of 0.67.
Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last issued its earnings results on Thursday, February 5th. The energy company reported $0.17 earnings per share for the quarter, meeting analysts' consensus estimates of $0.17. Vestas Wind Systems AS had a return on equity of 23.30% and a net margin of 4.22%.The business had revenue of $7.40 billion during the quarter, compared to analyst estimates of $6.41 billion. As a group, sell-side analysts anticipate that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.
Vestas Wind Systems AS Company Profile
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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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