Vestas Wind Systems A/S (OTCMKTS:VWDRY) Posts Earnings Results, Beats Expectations By $0.04 EPS

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) released its quarterly earnings data on Wednesday. The energy company reported $0.21 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.17 by $0.04, Zacks reports. Vestas Wind Systems A/S had a net margin of 0.32% and a return on equity of 1.72%.

Vestas Wind Systems A/S Stock Down 1.8 %

VWDRY traded down $0.09 on Thursday, hitting $4.92. The company had a trading volume of 319,908 shares, compared to its average volume of 595,071. The stock has a fifty day simple moving average of $4.56 and a 200-day simple moving average of $6.05. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.02 and a quick ratio of 0.54. The firm has a market capitalization of $14.91 billion, a P/E ratio of 492.00 and a beta of 1.21. Vestas Wind Systems A/S has a 52-week low of $4.19 and a 52-week high of $9.93.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Berenberg Bank downgraded Vestas Wind Systems A/S from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 14th. Fearnley Fonds raised Vestas Wind Systems A/S from a "hold" rating to a "strong-buy" rating in a research note on Thursday, November 7th.

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.