Vestas Wind Systems A/S (OTCMKTS:VWDRY) Upgraded to "Strong-Buy" at Fearnley Fonds

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) was upgraded by Fearnley Fonds from a "hold" rating to a "strong-buy" rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Citigroup upgraded shares of Vestas Wind Systems A/S to a "strong-buy" rating in a research report on Wednesday, October 2nd.

Vestas Wind Systems A/S Stock Performance

Shares of Vestas Wind Systems A/S stock traded down $0.17 during trading hours on Thursday, reaching $4.97. The company had a trading volume of 662,775 shares, compared to its average volume of 231,389. Vestas Wind Systems A/S has a one year low of $4.93 and a one year high of $10.62. The business has a fifty day simple moving average of $6.85 and a 200 day simple moving average of $7.84. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.02 and a quick ratio of 0.53. The firm has a market cap of $15.06 billion, a PE ratio of 497.00 and a beta of 1.28.

Vestas Wind Systems A/S (OTCMKTS:VWDRY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 14th. The energy company reported ($0.06) EPS for the quarter, missing analysts' consensus estimates of $0.01 by ($0.07). The company had revenue of $3.55 billion during the quarter. Vestas Wind Systems A/S had a return on equity of 1.71% and a net margin of 0.32%. On average, analysts anticipate that Vestas Wind Systems A/S will post 0.16 earnings per share for the current fiscal year.

Vestas Wind Systems A/S Company Profile

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.