RWE AG to Post FY2019 Earnings of $1.88 Per Share, Jefferies Group Forecasts (RWEOY)

RWE AG (OTCMKTS:RWEOY) – Stock analysts at Jefferies Group issued their FY2019 earnings per share (EPS) estimates for shares of RWE in a report issued on Tuesday. Jefferies Group analyst A. Farman forecasts that the utilities provider will earn $1.88 per share for the year. Jefferies Group also issued estimates for RWE’s FY2020 earnings at $2.33 EPS.

RWE (OTCMKTS:RWEOY) last posted its quarterly earnings results on Tuesday, November 14th. The utilities provider reported $0.12 earnings per share for the quarter. RWE had a positive return on equity of 13.94% and a negative net margin of 7.68%.

RWEOY has been the topic of a number of other reports. Zacks Investment Research raised RWE from a “hold” rating to a “buy” rating and set a $23.00 target price on the stock in a report on Thursday, January 4th. UBS Group raised RWE from a “neutral” rating to a “buy” rating in a report on Wednesday, November 22nd. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $23.00.

RWE (OTCMKTS RWEOY) traded down $0.15 during trading hours on Thursday, hitting $19.89. The company’s stock had a trading volume of 14,800 shares, compared to its average volume of 22,346. The firm has a market cap of $12,347.95, a price-to-earnings ratio of 8.07, a price-to-earnings-growth ratio of 0.74 and a beta of 1.42. RWE has a 52-week low of $12.87 and a 52-week high of $26.89. The company has a debt-to-equity ratio of 1.21, a current ratio of 1.13 and a quick ratio of 1.02.

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RWE Company Profile

RWE AG (RWE) is a holding company. The Company is a supplier of electricity and natural gas in Europe. The Company is engaged in production of lignite and electricity generation from gas, coal, nuclear and renewables, to energy trading and distribution, and the supply of electricity, gas and other solutions.

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