Wartsila (OTCMKTS:WRTBY) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Wartsila (OTCMKTS:WRTBY) have been assigned an average rating of “Reduce” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating and four have given a hold rating to the company.

A number of equities analysts have recently issued reports on WRTBY shares. UBS Group cut shares of Wartsila from a “buy” rating to a “neutral” rating in a research report on Thursday, May 28th. Citigroup reissued a “sell” rating on shares of Wartsila in a research note on Monday, July 27th. The Goldman Sachs Group upgraded Wartsila from a “strong sell” rating to a “neutral” rating in a report on Thursday, June 4th. Finally, Oddo Bhf assumed coverage on Wartsila in a report on Tuesday, July 7th. They issued a “neutral” rating on the stock.

Wartsila Trading Up 0.4%

OTCMKTS WRTBY opened at $6.67 on Friday. The business has a 50 day simple moving average of $6.79 and a 200 day simple moving average of $7.60. Wartsila has a one year low of $5.77 and a one year high of $9.49. The stock has a market capitalization of $19.73 billion, a P/E ratio of 25.65 and a beta of 1.25. The company has a debt-to-equity ratio of 0.10, a current ratio of 1.24 and a quick ratio of 0.89.

Wartsila (OTCMKTS:WRTBY) last issued its earnings results on Tuesday, July 21st. The company reported $0.06 earnings per share (EPS) for the quarter. Wartsila had a net margin of 9.77% and a return on equity of 25.56%. The business had revenue of $1.81 billion for the quarter, compared to analyst estimates of $1.73 billion. Research analysts expect that Wartsila will post 0.25 earnings per share for the current year.

About Wartsila

Wärtsilä Oyj is a Finland-based technology company serving the marine and energy industries. Its businesses focus on improving the efficiency, flexibility and environmental performance of power generation and marine transportation.

In the energy sector, Wärtsilä provides flexible engine-based power plants, energy storage systems, lifecycle services, energy management software and related integration solutions. Its marine business offers engines, propulsion systems, hybrid technologies, exhaust-treatment equipment, electrical and automation systems, digital solutions, and maintenance services for commercial and other vessels.

Founded in Finland in 1834, Wärtsilä serves customers internationally through operations, projects and service networks across major maritime and energy markets.