Vestas Wind Systems AS (OTCMKTS:VWDRY) Sees Strong Trading Volume – Still a Buy?

Shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) saw an uptick in trading volume on Thursday . 272,585 shares were traded during trading, an increase of 12% from the previous session’s volume of 242,692 shares.The stock last traded at $9.00 and had previously closed at $8.34.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised shares of Vestas Wind Systems AS from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 5th. Three equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Vestas Wind Systems AS Trading Down 1.9%

The stock’s fifty day moving average price is $9.00 and its 200 day moving average price is $9.18. The stock has a market cap of $26.64 billion, a PE ratio of 27.03, a PEG ratio of 1.00 and a beta of 0.96. The company has a quick ratio of 0.67, a current ratio of 1.03 and a debt-to-equity ratio of 0.81.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its 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 the consensus estimate of $4.48 billion. Vestas Wind Systems AS had a net margin of 4.44% and a return on equity of 24.02%. On average, sell-side analysts forecast that Vestas Wind Systems AS will post 0.46 EPS 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.