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

Shares of E.On Se (OTCMKTS:EONGY) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are covering the firm, MarketBeat.com reports. Six investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

Several brokerages recently commented on EONGY. Morgan Stanley reissued an “overweight” rating on shares of E.On in a report on Friday, July 3rd. DZ Bank raised E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of E.On in a research note on Thursday, July 9th.

E.On Stock Down 0.2%

E.On stock opened at $21.83 on Thursday. The stock has a market cap of $57.07 billion, a price-to-earnings ratio of 14.27, a PEG ratio of 4.97 and a beta of 0.72. 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 company’s 50-day moving average price is $21.17 and its two-hundred day moving average price is $21.45. E.On has a 52 week low of $17.05 and a 52 week high of $23.58.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The company had revenue of $25.55 billion during the quarter, compared to analyst estimates of $35.38 billion. E.On had a net margin of 4.58% and a return on equity of 12.12%. On average, analysts expect 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.