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

Shares of E.On Se (OTCMKTS:EONGY) have received an average recommendation of “Hold” from the nine ratings firms that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating on the company.

Several equities analysts recently weighed in on EONGY shares. Berenberg Bank lowered E.On from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. DZ Bank downgraded E.On from a “hold” rating to a “strong sell” rating in a research report on Thursday, February 26th. Wall Street Zen lowered E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Zacks Research cut E.On from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th. Finally, Bank of America downgraded E.On from a “buy” rating to a “neutral” rating in a research note on Thursday, February 5th.

E.On Stock Down 0.2%

EONGY stock opened at $22.25 on Friday. E.On has a one year low of $16.31 and a one year high of $23.58. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.74 and a current ratio of 0.79. The firm’s fifty day moving average is $22.40 and its 200 day moving average is $20.32. The firm has a market cap of $58.17 billion, a PE ratio of 30.07, a P/E/G ratio of 4.25 and a beta of 0.74.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.33. E.On had a net margin of 2.20% and a return on equity of 12.06%. The business had revenue of $24.95 billion during the quarter. On average, research analysts forecast that E.On will post 1.25 EPS for the current 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.