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

Shares of E.On Se (OTCMKTS:EONGY) have been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company.

A number of research firms recently commented on EONGY. Citigroup restated a “neutral” rating on shares of E.On in a report on Friday, February 6th. Bank of America downgraded E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. Berenberg Bank downgraded E.On from a “buy” rating to a “hold” rating in a report on Tuesday, February 10th. Zacks Research downgraded E.On from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 5th. Finally, DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th.

E.On Trading Up 1.5%

OTCMKTS:EONGY opened at $21.70 on Wednesday. The stock’s 50 day moving average price is $22.10 and its 200 day moving average price is $20.64. E.On has a 52 week low of $17.05 and a 52 week high of $23.58. The company has a market capitalization of $56.73 billion, a P/E ratio of 14.18, a P/E/G ratio of 4.86 and a beta of 0.74. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.74 and a current ratio of 0.79.

E.On (OTCMKTS:EONGY) last released its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. E.On had a return on equity of 12.71% and a net margin of 4.58%.The firm had revenue of $25.55 billion for the quarter, compared to the consensus estimate of $35.38 billion. On average, research analysts forecast that E.On will post 1.25 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.