Vestas Wind Systems AS (OTCMKTS:VWDRY) Rating Increased to Strong-Buy at Rothschild & Co Redburn

Rothschild & Co Redburn upgraded shares of Vestas Wind Systems AS (OTCMKTS:VWDRY) from a hold rating to a strong-buy rating in a research report sent to investors on Tuesday morning,Zacks.com reports.

Several other brokerages have also issued reports on VWDRY. DZ Bank raised Vestas Wind Systems AS to a “strong-buy” rating in a research report on Sunday, December 21st. Barclays reissued an “underweight” rating on shares of Vestas Wind Systems AS in a research note on Wednesday, December 3rd. Finally, Kepler Capital Markets downgraded Vestas Wind Systems AS from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 9th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

Vestas Wind Systems AS Price Performance

VWDRY stock opened at $9.98 on Tuesday. The company has a fifty day moving average price of $8.72 and a 200-day moving average price of $8.10. The company has a market capitalization of $30.22 billion, a P/E ratio of 33.25, a PEG ratio of 1.39 and a beta of 1.20. Vestas Wind Systems AS has a 52-week low of $3.96 and a 52-week high of $10.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.66 and a current ratio of 1.00.

Vestas Wind Systems AS (OTCMKTS:VWDRY) last issued its quarterly earnings results on Thursday, February 5th. The energy company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. Vestas Wind Systems AS had a net margin of 4.22% and a return on equity of 23.30%. The company had revenue of $7.40 billion for the quarter, compared to analyst estimates of $6.41 billion. As a group, equities analysts expect that Vestas Wind Systems AS will post 0.27 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.