Kepler Capital Markets cut shares of Wartsila (OTCMKTS:WRTBY - Free Report) from a strong-buy rating to a hold rating in a report released on Friday morning,Zacks.com reports.
Separately, Pareto Securities lowered Wartsila from a "strong-buy" rating to a "hold" rating in a report on Wednesday, March 26th.
View Our Latest Research Report on WRTBY
Wartsila Price Performance
WRTBY stock traded up $0.23 during trading on Friday, hitting $4.92. The company had a trading volume of 190 shares, compared to its average volume of 8,213. The firm has a market capitalization of $14.56 billion, a price-to-earnings ratio of 25.90 and a beta of 1.13. The business has a 50 day moving average of $4.31 and a 200 day moving average of $3.94. Wartsila has a fifty-two week low of $2.78 and a fifty-two week high of $5.10. The company has a current ratio of 1.17, a quick ratio of 0.80 and a debt-to-equity ratio of 0.12.
Wartsila (OTCMKTS:WRTBY - Get Free Report) last posted its quarterly earnings data on Friday, April 25th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.66 billion. Wartsila had a net margin of 8.09% and a return on equity of 22.57%. As a group, research analysts predict that Wartsila will post 0.18 earnings per share for the current year.
About Wartsila
(
Get Free Report)
Wärtsilä Oyj Abp offers technologies and lifecycle solutions for the marine and energy markets worldwide. It offers engine power plant products, such as gas, multi-fuel, and diesel engines; GEMS Digital Energy Platform, a smart software platform that monitors, controls, and optimizes energy assets on site and portfolio levels; GridSolv Quantum, a fully integrated energy storage solution, which enables ease of deployment and sustainable energy optimization; GEMS Power Plant Controllers; GEMS Fleet Director, which provides centralized real-time visibility into a global fleet of power plants; and GEMS Grid Controller that conducts intelligent grid control and optimized power management for microgrids of various sizes.
See Also
Before you consider Wartsila, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Wartsila wasn't on the list.
While Wartsila currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Discover the 10 Best High-Yield Dividend Stocks for 2025 and secure reliable income in uncertain markets. Download the report now to identify top dividend payers and avoid common yield traps.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
