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

Shares of E.On Se (OTCMKTS:EONGY) have earned an average rating of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company.

Separately, Citigroup reiterated a “neutral” rating on shares of E.On in a report on Wednesday, December 3rd.

E.On Price Performance

EONGY stock opened at $18.85 on Friday. The business has a 50-day simple moving average of $18.26 and a two-hundred day simple moving average of $18.38. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.79 and a current ratio of 0.85. E.On has a 52-week low of $10.65 and a 52-week high of $19.43. The company has a market capitalization of $49.23 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 4.99 and a beta of 0.81.

E.On (OTCMKTS:EONGY) last released its earnings results on Wednesday, November 12th. The utilities provider reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). E.On had a net margin of 3.61% and a return on equity of 11.86%. The company had revenue of $18.51 billion during the quarter, compared to the consensus estimate of $21.43 billion. Research analysts expect that E.On will post 1.16 EPS for the current fiscal year.

E.On Company Profile

E.ON SE is a Germany-based energy company headquartered in Essen that focuses on energy networks and customer solutions. The company owns and operates electricity and gas distribution networks, supplies energy to residential and commercial customers, and develops services and technologies aimed at energy efficiency, decentralised generation and electrification. E.ON’s business model emphasizes regulated network operations and customer-facing services rather than large-scale conventional power generation.

Key offerings include grid operation and maintenance, retail supply of electricity and gas, energy contracting and efficiency solutions for business customers, and a range of digital services such as smart metering, energy management and e-mobility charging infrastructure.