Vestas Wind Systems AS (OTCMKTS:VWDRY) Upgraded by Kepler Capital Markets to Strong-Buy Rating

Kepler Capital Markets upgraded shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) from a strong sell rating to a strong-buy rating in a research report released on Wednesday morning,Zacks.com reports.

A number of other brokerages have also weighed in on VWDRY. Berenberg Bank lowered Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vestas Wind Systems AS in a research report on Friday, August 15th. Fearnley Fonds downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Finally, Barclays reaffirmed an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Vestas Wind Systems AS Trading Up 5.9%

Vestas Wind Systems AS stock opened at $8.74 on Wednesday. The stock has a market cap of $26.48 billion, a PE ratio of 25.71, a P/E/G ratio of 0.70 and a beta of 1.21. The company has a current ratio of 0.97, a quick ratio of 0.60 and a debt-to-equity ratio of 0.74. The stock has a 50-day moving average price of $7.33 and a 200 day moving average price of $6.43. Vestas Wind Systems AS has a 52 week low of $3.96 and a 52 week high of $8.79.

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

About Vestas Wind Systems AS

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.