According to Bloomberg Ratings, the ten rating agencies now tracking Vestas Wind Systems A/S (OTCMKTS: VWDRY) have a consensus rating of “Hold” for the stock. This rating was derived from the stock’s historical performance. Two financial market analysts have recommended that investors sell the stock, four others have suggested that the stock be retained, and three have suggested that it should be bought. A one-year target price of $166.75 has been placed on the stock by brokerage firms that have lately covered it.
Several different research companies have recently made their VWDRY reports public. Berenberg Bank lowered their target price for Vestas Wind Systems A/S from 205.00 to 200.00 and gave the company a “hold” rating in a research note published on Friday, November 18th. In a research note published on Monday, August 8th, Fearnley Fonds assigned a “sell” rating to Vestas Wind Systems A/S shares and established a target price of $155.00 per share. HSBC changed their rating of Vestas Wind Systems A/S from “reduce” to “hold” in a research note that was published on Friday, July 29th. AlphaValue lowered their recommendation for Vestas Wind Systems A/S to a “buy” rating in a research note published on Friday, November 4th. Last but not least, in a research note dated October 10th, Deutsche Bank Aktiengesellschaft lowered their price objective on Vestas Wind Systems A/S shares from 180.00 to 170.00 while maintaining their “hold” rating on the business.
The opening price for OTCMKTS: VWDRY on Wednesday was $7.94. The enterprise has a market capitalization of $24.06 billion, a price-to-earnings ratio of -22.05, and a beta of 1.18. The simple moving average for the company over the past 50 days is $6.80, and the simple moving average over the past 200 days is $7.54. The current ratio is 1.01, the debt-to-equity ratio is 0.48, and the quick ratio is also 0.48. Vestas Wind Systems A/52-week S has seen prices as low as $5.69 and as high as $12.00 over the past 52 weeks.
The most recent quarterly earnings report for Vestas Wind Systems A/S (OTCMKTS: VWDRY) was made public on November 2nd, a Wednesday. The energy firm announced a loss of $0.05 per share for the quarter, which was $0.03 short of analysts’ consensus estimate, who had predicted a profit of $0.03. The net margin for Vestas Wind Systems A/S was negative by 7.21%, and the return on equity was also negative by 10.36%. During the period in question, the business brought in total revenue of $3.94 billion. According to experts focusing on the market’s sell-side, Vestas Wind Systems A/S is forecast to generate a loss of 0.27 cents per share this year.
The Danish corporation Vestas Wind Systems A/S is designing, manufacturing, installing, and maintaining wind turbines worldwide. Power Solutions and Service are the company’s two distinct business branches. The Power Solutions division sells wind farms, wind turbines, development sites, and other products in this category. The Service segment is responsible for selling service contracts, spare parts, and other products directly related to the service.