Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Strong Trading Volume After Analyst Upgrade

Vestas Wind Systems AS (OTCMKTS:VWDRY) shares saw an uptick in trading volume on Wednesday after Rothschild & Co Redburn upgraded the stock from a hold rating to a strong-buy rating. 429,161 shares changed hands during mid-day trading, an increase of 124% from the previous session’s volume of 191,881 shares.The stock last traded at $9.65 and had previously closed at $9.9750.

Several other research analysts have also recently weighed in on the company. DZ Bank upgraded Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Barclays reiterated an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, Kepler Capital Markets downgraded shares of Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Vestas Wind Systems AS presently has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Stock Performance

The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.66 and a current ratio of 1.00. The company has a market cap of $29.07 billion, a P/E ratio of 31.99, a P/E/G ratio of 1.39 and a beta of 1.20. The stock’s fifty day moving average price is $8.72 and its two-hundred day moving average price is $8.10.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last announced its quarterly earnings data 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 net margin of 4.22% and a return on equity of 23.30%. The business had revenue of $7.40 billion during the quarter, compared to the consensus estimate of $6.41 billion. As a group, equities analysts predict that Vestas Wind Systems AS will post 0.27 earnings per share for the current 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.