Vestas Wind Systems AS (OTCMKTS:VWDRY) Shares Gap Down – What’s Next?

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $10.10, but opened at $9.16. Vestas Wind Systems AS shares last traded at $9.1370, with a volume of 55,395 shares trading hands.

Wall Street Analyst Weigh In

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

View Our Latest Research Report on Vestas Wind Systems AS

Vestas Wind Systems AS Stock Down 8.3%

The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.60 and a current ratio of 0.97. The stock has a market cap of $28.07 billion, a price-to-earnings ratio of 27.25, a PEG ratio of 0.62 and a beta of 1.16. The firm’s 50-day simple moving average is $9.15 and its two-hundred day simple moving average is $7.54.

Vestas Wind Systems AS (OTCMKTS:VWDRYGet Free Report) last posted its earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, meeting the consensus estimate of $0.17. Vestas Wind Systems AS had a return on equity of 27.61% and a net margin of 5.00%.The company had revenue of $7.40 billion for the quarter, compared to the consensus estimate of $6.41 billion. On average, sell-side analysts expect that Vestas Wind Systems AS will post 0.27 EPS for the current fiscal year.

Vestas Wind Systems AS Company Profile

(Get Free Report)

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.

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