E.On Se (OTCMKTS:EONGY) Given Consensus Rating of “Hold” by Analysts

Shares of E.On Se (OTCMKTS:EONGY) have received an average rating of “Hold” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

A number of equities research analysts recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a research report on Thursday, July 9th. Morgan Stanley restated an “overweight” rating on shares of E.On in a research report on Friday, July 3rd. Finally, DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th.

E.On Stock Performance

E.On stock opened at $21.88 on Thursday. E.On has a 1-year low of $17.05 and a 1-year high of $23.58. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $57.20 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 4.97 and a beta of 0.72. The firm’s 50 day simple moving average is $21.17 and its 200 day simple moving average is $21.42.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. The firm had revenue of $25.55 billion during the quarter, compared to the consensus estimate of $35.38 billion. E.On had a net margin of 4.58% and a return on equity of 12.12%. As a group, analysts expect that E.On will post 1.25 earnings per share for the current fiscal year.

About E.On

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.