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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) posted its earnings results on Wednesday. The energy company reported $0.21 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 0.32% and a return on equity of 1.72%.

Vestas Wind Systems A/S Stock Down 1.8 %

VWDRY opened at $4.92 on Friday. 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 12 month low of $4.19 and a 12 month high of $9.93. The stock’s 50 day moving average price is $4.56 and its 200 day moving average price is $6.05. The stock has a market cap of $14.91 billion, a P/E ratio of 453.00 and a beta of 1.21.

Analyst Ratings Changes

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

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.