VWDRY

9.4400.96%

Vestas Wind Systems AS (OTCMKTS:VWDRY) Reaches New 12-Month High - Should You Buy?

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Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) hit a new 52-week high on Thursday . The company traded as high as $10.9530 and last traded at $10.9530, with a volume of 18666 shares trading hands. The stock had previously closed at $10.82.

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Analysts Set New Price Targets

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Several equities analysts recently issued reports on VWDRY shares. Citigroup reissued a "buy" rating on shares of Vestas Wind Systems AS in a research note on Thursday, August 13th. Kepler Capital Markets raised Vestas Wind Systems AS from a "hold" rating to a "strong-buy" rating in a research report on Friday, June 5th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating on shares of Vestas Wind Systems AS in a research note on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy".

Check Out Our Latest Research Report on Vestas Wind Systems AS

Vestas Wind Systems AS Price Performance

The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.67 and a current ratio of 1.03. The company has a market cap of $32.79 billion, a PE ratio of 25.53, a PEG ratio of 0.76 and a beta of 0.97. The company's 50-day simple moving average is $9.15 and its 200 day simple moving average is $9.18.

Vestas Wind Systems AS (OTCMKTS:VWDRY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The energy company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.06 by $0.05. The business had revenue of $5.45 billion for the quarter, compared to analyst estimates of $5.19 billion. Vestas Wind Systems AS had a return on equity of 29.50% and a net margin of 5.42%. On average, sell-side analysts predict that Vestas Wind Systems AS will post 0.54 earnings per share for the current fiscal year.

About Vestas Wind Systems AS

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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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Vestas Wind Systems AS (OTCMKTS:VWDRY) Reaches New 12-Month High  - Should You Buy?

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Should You Invest $1,000 in Vestas Wind Systems AS Right Now?

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