Vestas Wind Systems A/S (OTCMKTS:VWDRY) Posts Earnings Results

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) announced its quarterly earnings data on Wednesday. The energy company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.04, Zacks reports. Vestas Wind Systems A/S had a net margin of 2.85% and a return on equity of 16.52%.

Vestas Wind Systems A/S Trading Down 2.0 %

Shares of Vestas Wind Systems A/S stock traded down $0.10 during midday trading on Friday, reaching $4.82. The company had a trading volume of 267,649 shares, compared to its average volume of 522,570. The firm has a market cap of $14.60 billion, a PE ratio of 28.35 and a beta of 1.21. The stock has a fifty day moving average price of $4.56 and a 200 day moving average price of $6.01. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. Vestas Wind Systems A/S has a fifty-two week low of $4.19 and a fifty-two week high of $9.93.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Fearnley Fonds upgraded shares of Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a report on Thursday, November 7th. Berenberg Bank cut shares of Vestas Wind Systems A/S from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 14th.

About Vestas Wind Systems A/S

Vestas Wind Systems A/S engages in the design, manufacture, installation, and services of wind turbines the United States, Denmark, and internationally. It operates in two segments, Power Solutions and Service. The Power Solutions segment offers onshore and offshore wind power plants, wind turbines, development sites, etc.