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

Vestas Wind Systems A/S (OTCMKTS:VWDRY) posted its quarterly earnings data 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 return on equity of 1.72% and a net margin of 0.32%.

Vestas Wind Systems A/S Stock Down 1.8 %

VWDRY opened at $4.92 on Friday. Vestas Wind Systems A/S has a 1 year low of $4.19 and a 1 year high of $9.93. The firm has a 50 day moving average price of $4.56 and a 200 day moving average price of $6.05. The company has a market cap of $14.91 billion, a PE ratio of 453.00 and a beta of 1.21. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.54 and a current ratio of 1.02.

Analysts Set New Price Targets

Several brokerages recently issued reports on VWDRY. Berenberg Bank downgraded shares of Vestas Wind Systems A/S from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 14th. Fearnley Fonds upgraded Vestas Wind Systems A/S from a “hold” rating to a “strong-buy” rating in a report 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.