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

Shares of E.On Se (OTCMKTS:EONGY) have received a consensus recommendation of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat reports. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

Several equities research analysts recently commented on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a research note on Thursday, July 9th. Jefferies Financial Group raised E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a research report on Friday, July 3rd. Finally, DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th.

E.On Stock Performance

Shares of E.On stock opened at $20.15 on Monday. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.27. E.On has a 52 week low of $17.05 and a 52 week high of $23.58. The firm’s 50 day moving average is $21.32 and its two-hundred day moving average is $21.72. The firm has a market capitalization of $52.68 billion, a P/E ratio of 13.43, a P/E/G ratio of 4.65 and a beta of 0.71.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings data on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.10). The company had revenue of $18.89 billion for the quarter, compared to analysts’ expectations of $40.44 billion. E.On had a return on equity of 11.54% and a net margin of 4.49%. Research analysts forecast that E.On will post 1.23 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.