Wärtsilä Oyj Abp (OTCMKTS:WRTBY) Given Average Recommendation of “Hold” by Analysts

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) has been assigned a consensus rating of “Hold” from the twelve research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company.

Several analysts have issued reports on the company. Morgan Stanley reaffirmed an “equal weight” rating on shares of Wärtsilä Oyj Abp in a research report on Wednesday, July 21st. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of Wärtsilä Oyj Abp in a report on Wednesday, July 21st. UBS Group reiterated a “buy” rating on shares of Wärtsilä Oyj Abp in a report on Wednesday, June 23rd. Royal Bank of Canada reiterated an “outperform” rating on shares of Wärtsilä Oyj Abp in a report on Monday. Finally, Citigroup reiterated a “neutral” rating on shares of Wärtsilä Oyj Abp in a report on Wednesday, July 21st.

OTCMKTS WRTBY traded down $0.06 during midday trading on Monday, hitting $2.46. 1,200 shares of the company traded hands, compared to its average volume of 1,725. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.32 and a quick ratio of 0.86. The company has a market cap of $7.28 billion, a PE ratio of 49.21 and a beta of 0.87. The company’s 50-day simple moving average is $2.85 and its 200-day simple moving average is $2.67. Wärtsilä Oyj Abp has a 52 week low of $1.52 and a 52 week high of $3.21.

Wärtsilä Oyj Abp (OTCMKTS:WRTBY) last announced its earnings results on Tuesday, July 20th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $1.36 billion for the quarter. Wärtsilä Oyj Abp had a return on equity of 6.74% and a net margin of 3.33%. On average, research analysts predict that Wärtsilä Oyj Abp will post 0.09 earnings per share for the current year.

The company also recently announced a dividend, which will be paid on Tuesday, October 5th. Investors of record on Monday, September 13th will be paid a $0.0473 dividend. The ex-dividend date of this dividend is Friday, September 10th. This represents a yield of 1.7%. Wärtsilä Oyj Abp’s dividend payout ratio (DPR) is 60.00%.

Wärtsilä Oyj Abp Company Profile

Wärtsilä Oyj Abp engages in the power business. It operates through the following segments: Wärtsilä Marine Power, Wärtsilä Marine Systems, Wärtsilä Voyage, Wärtsilä Energy, and Wärtsilä Portfolio Business. The Wärtsilä Marine Power segment focuses on comprehensive range of engine and propulsion solutions.

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Analyst Recommendations for Wärtsilä Oyj Abp (OTCMKTS:WRTBY)

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