Vestas Wind Systems AS (OTCMKTS:VWDRY) Hits New 12-Month High – Should You Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s share price hit a new 52-week high on Monday . The company traded as high as $10.30 and last traded at $10.2570, with a volume of 41610 shares changing hands. The stock had previously closed at $9.98.

Wall Street Analyst Weigh In

Several research analysts have issued reports on VWDRY shares. Kepler Capital Markets upgraded Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Berenberg Bank lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Finally, Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a report on Wednesday, December 3rd. Two analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The company has a quick ratio of 0.60, a current ratio of 0.97 and a debt-to-equity ratio of 0.74. The stock has a market cap of $31.18 billion, a price-to-earnings ratio of 30.27, a PEG ratio of 0.60 and a beta of 1.17. The stock’s fifty day moving average is $9.00 and its 200-day moving average is $7.46.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last posted its earnings results on Wednesday, November 5th. The energy company reported $0.12 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.05. Vestas Wind Systems AS had a net margin of 5.00% and a return on equity of 27.61%. The company had revenue of $6.14 billion for the quarter, compared to analyst estimates of $5.43 billion. On average, analysts forecast that Vestas Wind Systems AS will post 0.27 EPS for the current year.

About Vestas Wind Systems AS

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.