Founded in by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Vestas Wind Systems NASDAQOTH: The company is at the end of a two-year restructuring process, and management believes that the efforts have been worthwhile. Bert Nordberg, Chairman of the Board of Directors, believes that he and the rest of management "have transformed Vestas into a more lean, flexible and scalable company much better prepared for the future challenges of an increasingly dynamic and competitive wind power industry.

Between the company's confidence and shares floating around week highs, is now the time to jump in, or would it better to hold back and wait for a better buying opportunity?

Let's take a look:. How successful was the turnaround? One way in which it attempted to restructure the company was in employee reductions. Regarding partnerships, the company entered into a joint venture with Mitsubishi Heavy Industries to strengthen its position in the offshore wind market. Looking to optimize capacity utilization, Vestas reduced the number of worldwide factories from 31 to Clearly, the company undertook some major steps in an effort to get the company back on track, but was it worth it?

Vestas Wind Systems As - VWDRY - Stock Price Today - Zacks

It seems that it has, for the company's financial performance has improved over the past two years. Regarding income, although revenue dropped in compared to , the company was able to achieve improvement with EBIT. The company's cash flow has also greatly improved. Looking to the future It would seem that things are blowing in the right direction for Vestas, but will it continue?

Currently, the company does have a strong backlog: Global Wind Energy Council. Regarding the market opportunity, all indicators point to the continued acceptance of wind power as a viable energy alternative.

Although there will be plenty of opportunity for Vestas to prosper, the company does face threats from some other wind turbine manufactuers. According to GlobalData, Vestas was the global leader in installed wind capacity for with SIEGY ranked fourth on the list with 7.

Siemens does reign supreme on another list, though. It was 's top supplier of offshore wind capacity in Europe. Another reputable threat is GE NYSE: Although GE only had 0. In , GE ranked second on the list of top turbine manufacturers, and it dropped to sixth place for As strongly as I believe in the growth of the wind industry, and Vestas' role in serving that growth, I'm cautious about picking up shares anytime soon. For now, though, I'm happy to just keep an eye on the company and root for its success from the sidelines.

Scott Levine has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

VWDRY Stock Price - Vestas Wind Systems A/S ADR Stock Quote (U.S.: OTC) - MarketWatch

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

The Motley Fool has a disclosure policy. A member of The Motley Fool since , Scott began contributing content in He focuses on the energy sector, specifically renewable energy companies, and the Internet of Things. Follow him on Twitter for renewable energy and IoT news. Skip to main content The Motley Fool Fool. Premium Advice Help Fool Answers Contact Us Login.

Latest Stock Picks Stocks Premium Services.

Stock Advisor Flagship service. Rule Breakers High-growth stocks. Income Investor Dividend stocks.

Hidden Gems Small-cap stocks. Inside Value Undervalued stocks. Learn How to Invest. Credit Cards Best Credit Cards of Best Credit Card Sign-Up Bonuses Best Balance-Transfer Credit Cards Best Travel Credit Cards Best Cash-Back Credit Cards Best No-Annual-Fee Credit Cards Best Small Business Credit Cards. Mortgages Compare Mortgage Rates Get Pre-Approved How Much House Can I Afford? Taxes How to Reduce Your Taxes Deductions Even Pros Overlook Audit-Proof Your Tax Return What Info Should I Keep?

Helping the World Invest — Better.

How to Invest Learn How to Invest. Personal Finance Credit Cards Best Credit Cards of Best Credit Card Sign-Up Bonuses Best Balance-Transfer Credit Cards Best Travel Credit Cards Best Cash-Back Credit Cards Best No-Annual-Fee Credit Cards Best Small Business Credit Cards. Apr 12, at 2: Siemens AG ADR NASDAQOTH: Vestas Wind Systems ADR NASDAQOTH: Prev 1 2 3 4 Next.

Motley Fool push notifications are finally here Allow push notifications to help you stay on top of Breaking investing news Earnings coverage Market movers Special offers and more Subscribe to notifications You can unsubscribe at any time.