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

Shares of E.On Se (OTCMKTS:EONGY) have been given a consensus recommendation of “Hold” by the six ratings firms that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

A number of equities analysts have recently issued reports on the company. DZ Bank raised E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley reissued an “overweight” rating on shares of E.On in a research note on Thursday, May 14th.

E.On Stock Performance

Shares of EONGY stock opened at $20.40 on Friday. The company has a market cap of $53.33 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 4.55 and a beta of 0.71. The stock has a 50 day simple moving average of $21.40 and a 200-day simple moving average of $21.09. E.On has a 12-month low of $17.05 and a 12-month high of $23.58. The company has a current ratio of 0.95, a quick ratio of 0.74 and a debt-to-equity ratio of 1.27.

E.On (OTCMKTS:EONGY) last issued its earnings results on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $25.55 billion during the quarter, compared to the consensus estimate of $35.38 billion. E.On had a return on equity of 12.12% and a net margin of 4.58%. On average, equities analysts forecast that E.On will post 1.25 EPS for the current 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.