E.On Se (OTCMKTS:EONGY) Receives Consensus Rating of “Moderate Buy” from Brokerages

E.On Se (OTCMKTS:EONGY) has received a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several research firms recently commented on EONGY. Morgan Stanley restated an “overweight” rating on shares of E.On in a research report on Thursday, May 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of E.On in a research report on Thursday, May 15th. UBS Group cut E.On from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 29th. DZ Bank cut E.On from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 23rd. Finally, Barclays cut E.On from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 4th.

E.On Price Performance

Shares of OTCMKTS EONGY opened at $19.14 on Friday. The stock has a market cap of $49.99 billion, a PE ratio of 10.52, a price-to-earnings-growth ratio of 5.13 and a beta of 0.78. E.On has a fifty-two week low of $10.65 and a fifty-two week high of $19.25. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.87 and a current ratio of 0.92. The stock has a fifty day moving average of $18.20 and a 200-day moving average of $15.92.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings results on Wednesday, May 14th. The utilities provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The company had revenue of $28.28 billion during the quarter. E.On had a return on equity of 13.05% and a net margin of 5.41%. Equities research analysts anticipate that E.On will post 1.16 earnings per share for the current year.

E.On Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 20th were paid a dividend of $0.4256 per share. The ex-dividend date of this dividend was Monday, May 19th. This represents a yield of 248.0%. E.On’s payout ratio is 25.27%.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.