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

Shares of E.On Se (OTCMKTS:EONGY) have been assigned a consensus recommendation of “Hold” from the seven ratings firms that are covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several equities analysts have recently issued reports on EONGY shares. Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a report on Thursday, May 15th. Barclays lowered E.On from a “strong-buy” rating to a “hold” rating in a report on Wednesday, June 4th. DZ Bank lowered E.On from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 23rd. Citigroup raised E.On to a “hold” rating in a report on Wednesday, May 28th. Finally, UBS Group downgraded E.On from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 29th.

E.On Stock Performance

Shares of E.On stock opened at $18.00 on Friday. E.On has a one year low of $10.65 and a one year high of $18.11. The firm has a market capitalization of $47.01 billion, a price-to-earnings ratio of 9.89, a PEG ratio of 6.32 and a beta of 0.78. The business has a 50-day simple moving average of $17.23 and a 200 day simple moving average of $14.22. 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 issued its quarterly earnings data on Wednesday, May 14th. The utilities provider reported $0.52 EPS for the quarter, topping analysts’ consensus estimates of $0.50 by $0.02. The firm had revenue of $28.28 billion during the quarter. E.On had a return on equity of 7.45% and a net margin of 2.20%. On average, research analysts anticipate that E.On will post 1.16 earnings per share for the current fiscal year.

E.On Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Tuesday, May 20th were issued a $0.4256 dividend. This represents a dividend yield of 2.48%. The ex-dividend date of this dividend was Monday, May 19th. E.On’s payout ratio is currently 24.73%.

About E.On

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.