Vestas Wind Systems AS (OTCMKTS:VWDRY) Reaches New 1-Year High – Still a Buy?

Vestas Wind Systems AS (OTCMKTS:VWDRY)’s stock price reached a new 52-week high during trading on Monday . The company traded as high as $10.00 and last traded at $10.00, with a volume of 21363 shares trading hands. The stock had previously closed at $9.41.

Analyst Upgrades and Downgrades

A number of research firms recently commented on VWDRY. Barclays restated an “underweight” rating on shares of Vestas Wind Systems AS in a research report on Wednesday, December 3rd. Berenberg Bank cut Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research note on Sunday, December 21st. Finally, Kepler Capital Markets upgraded shares of Vestas Wind Systems AS from a “strong sell” rating to a “strong-buy” rating in a research report on Wednesday, December 10th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Up 8.0%

The firm has a 50 day moving average price of $8.76 and a 200-day moving average price of $7.29. The firm has a market cap of $30.78 billion, a price-to-earnings ratio of 29.88, a price-to-earnings-growth ratio of 0.56 and a beta of 1.17. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.97 and a quick ratio of 0.60.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data 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 return on equity of 27.61% and a net margin of 5.00%.The firm had revenue of $6.14 billion during the quarter, compared to analysts’ expectations of $5.43 billion. As a group, equities analysts predict that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems AS Company Profile

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.