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

E.On Se (OTCMKTS:EONGY) has received a consensus rating of “Hold” from the seven analysts that are covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company.

Several analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a research note on Friday, July 3rd. Royal Bank Of Canada restated a “sector perform” rating on shares of E.On in a research note on Thursday, July 9th. Finally, DZ Bank upgraded shares of E.On from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th.

E.On Trading Down 0.3%

Shares of OTCMKTS EONGY opened at $22.06 on Thursday. E.On has a 1-year low of $17.05 and a 1-year high of $23.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.95 and a quick ratio of 0.91. The business’s 50 day moving average is $21.14 and its two-hundred day moving average is $21.39. The stock has a market capitalization of $57.67 billion, a P/E ratio of 14.42, a PEG ratio of 5.03 and a beta of 0.72.

E.On (OTCMKTS:EONGY) last announced its earnings results on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.11. E.On had a net margin of 4.58% and a return on equity of 12.12%. The business had revenue of $25.55 billion for the quarter, compared to the consensus estimate of $35.38 billion. As a group, research analysts expect 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.