ENGIE (ENGIY) to Release Quarterly Earnings on Friday

ENGIE (OTCMKTS:ENGIY) will likely be announcing its resultson Friday, July 31st. Analysts expect the company to post earnings of $0.6120 per share and revenue of $17.5644 billion for the quarter.

ENGIE Stock Performance

Shares of ENGIY stock opened at $31.64 on Friday. ENGIE has a 52 week low of $20.18 and a 52 week high of $35.16. The company has a current ratio of 1.08, a quick ratio of 1.03 and a debt-to-equity ratio of 1.06. The company’s fifty day simple moving average is $31.16 and its two-hundred day simple moving average is $31.26.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Barclays restated an “overweight” rating on shares of ENGIE in a research report on Thursday, June 18th. Citigroup reiterated a “buy” rating on shares of ENGIE in a research report on Friday, April 17th. Zacks Research cut ENGIE from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Sanford C. Bernstein downgraded ENGIE from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of ENGIE in a research note on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy”.

ENGIE Company Profile

ENGIE is a Paris-headquartered multinational energy company engaged across the value chain of electricity and natural gas, along with associated infrastructure and services. The company develops, builds and operates power generation assets (including gas-fired plants and an expanding portfolio of renewable generation such as wind, solar and hydro), trades and markets energy commodities, and supplies energy to industrial, commercial and residential customers. ENGIE also provides energy infrastructure and networks, liquefied natural gas (LNG) solutions, and a range of energy services including energy efficiency, facility management and distributed energy systems.

The group traces its modern corporate roots to the 2008 combination of Gaz de France and Suez, and subsequently adopted the ENGIE name in 2015 as part of a strategic repositioning.