Vestas Wind Systems AS (OTCMKTS:VWDRY) Upgraded at Kepler Capital Markets

Vestas Wind Systems AS (OTCMKTS:VWDRY) was upgraded by research analysts at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a research note issued on Friday,Zacks.com reports.

Separately, Rothschild & Co Redburn raised Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 31st. Three equities research analysts have rated the stock with a Strong Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

OTCMKTS VWDRY opened at $8.73 on Friday. The business has a 50 day simple moving average of $9.80 and a 200 day simple moving average of $9.09. Vestas Wind Systems AS has a 52-week low of $4.90 and a 52-week high of $10.58. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. The stock has a market cap of $26.07 billion, a price-to-earnings ratio of 26.46, a PEG ratio of 1.35 and a beta of 0.97.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings results on Wednesday, May 6th. The energy company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The company had revenue of $4.66 billion during the quarter, compared to analysts’ expectations of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. Analysts anticipate that Vestas Wind Systems AS will post 0.44 earnings per share for the current fiscal 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.