Streetbeat News

VWDRY

Vestas Wind Systems AS

https://www.vestas.com/

CEO

Henrik Andersen

Open

4.68

Mkt cap

14B

Volume

4.9K

High

4.71

P/E Ratio

235.50

52-wk high

10.62

Low

4.68

Div yield

N/A

52-wk low

4.60

Vestas, a leading wind turbine manufacturer, reported a third-quarter operating profit that fell short of expectations. The company also indicated that its operating profit margin for the year would be at the lower end of its forecasted range.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Clean energy jobs in the U.S. grew at twice the rate of overall jobs in 2023, driven by policies and investments in infrastructure and inflation reduction. The solar and wind sectors saw significant job growth, and unionization rates in clean energy surpassed the overall energy sector. Stocks of clean energy companies and related ETFs showed mixed performance.

Portfolio Pulse from Michael Juliano

August 28, 2024 | 2:51 pm

The US manufacturing sector, once a foundational sector, is seeing a potential resurgence driven by the demand for sustainable and green manufacturing. Companies like Tesla and Vestas are leading the way with their sophisticated and technical manufacturing capabilities. Stellantis NV has also made significant strides by opening a state-of-the-art auto plant in Detroit. The Tema American Reshoring ETF is a thematic fund dedicated to investing in companies driving this trend.

Portfolio Pulse from Johnny Rice

October 26, 2023 | 3:36 pm

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