|Bid||256.40 x 0|
|Ask||0.00 x 0|
|Day's range||252.10 - 257.90|
|52-week range||188.76 - 321.00|
|Beta (5Y monthly)||0.83|
|PE ratio (TTM)||44.40|
|Earnings date||03 Nov 2021|
|Forward dividend & yield||1.69 (0.71%)|
|Ex-dividend date||09 Apr 2021|
|1y target est||497.32|
The global energy transition is in full swing, and the metals required for this new era of energy are fueling a headline-grabbing “commodity supercycle”
The stock has come under pressure due to a combination of negative sentiment on commercial aviation and weakness in renewable energy.
Vestas cut its 2021 outlook on Wednesday in response to higher costs and supply constraints, sending its shares down, as the world's biggest wind turbine maker reported second-quarter operating profits that fell short of forecasts. Demand for Vestas' wind turbines, seen as crucial to curb global warming, remains healthy but has been affected by constraints in the freight market related to the impact of COVID-19 which have conspired to drive global supply chains towards breaking point. "This is not business as usual when you have a transport (cost) that in some parts of the world increases with potentially 800 to a thousand percent," chief executive Henrik Andersen told Reuters.