E.On Se (OTCMKTS:EONGY) Given Average Rating of “Moderate Buy” by Analysts

E.On Se (OTCMKTS:EONGY) has been given a consensus rating of “Moderate Buy” by the four analysts that are covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and one has given a strong buy recommendation to the company.

Several equities research analysts have weighed in on EONGY shares. DZ Bank downgraded E.On from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 23rd. Oddo Bhf downgraded shares of E.On to a “neutral” rating in a research report on Thursday. UBS Group lowered E.On from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 29th. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a research note on Thursday. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of E.On in a report on Thursday.

E.On Stock Up 0.3%

OTCMKTS EONGY traded up $0.06 during midday trading on Monday, hitting $17.23. 86,685 shares of the company traded hands, compared to its average volume of 315,826. E.On has a 52 week low of $10.65 and a 52 week high of $18.11. The company’s 50-day simple moving average is $16.11 and its 200-day simple moving average is $13.59. The company has a market cap of $45.00 billion, a PE ratio of 9.47, a price-to-earnings-growth ratio of 6.32 and a beta of 0.80. The company has a debt-to-equity ratio of 1.57, a current ratio of 0.87 and a quick ratio of 0.82.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings data on Wednesday, May 14th. The utilities provider reported $0.52 EPS for the quarter, topping the consensus estimate of $0.50 by $0.02. The firm had revenue of $28.28 billion during the quarter. E.On had a net margin of 2.20% and a return on equity of 7.45%. As a group, equities research analysts forecast that E.On will post 1.16 earnings per share for the current year.

E.On Cuts Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 27th. Investors of record on Tuesday, May 20th will be given a dividend of $0.4256 per share. This represents a yield of 2.48%. The ex-dividend date of this dividend is Monday, May 19th. E.On’s dividend payout ratio is currently 23.08%.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.