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

E.On Se (OTCMKTS:EONGY) has been given a consensus recommendation of “Hold” by the eight analysts that are covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and two have issued a buy rating on the company.

Several brokerages have issued reports on EONGY. Jefferies Financial Group upgraded E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Royal Bank Of Canada reissued a “sector perform” rating on shares of E.On in a research report on Thursday, July 9th. Finally, Morgan Stanley reissued an “overweight” rating on shares of E.On in a report on Friday, July 3rd.

E.On Stock Performance

Shares of E.On stock opened at $21.90 on Monday. The stock has a market cap of $57.25 billion, a P/E ratio of 14.31, a P/E/G ratio of 5.06 and a beta of 0.71. The stock’s 50 day simple moving average is $21.29 and its 200-day simple moving average is $21.68. 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.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. E.On had a return on equity of 12.12% and a net margin of 4.58%.The firm had revenue of $25.55 billion during the quarter, compared to analysts’ expectations of $35.38 billion. Analysts predict that E.On will post 1.23 EPS for the current fiscal 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.