E.On Se (OTCMKTS:EONGY) Receives Average Recommendation of “Moderate Buy” from Analysts

E.On Se (OTCMKTS:EONGY) has earned an average recommendation of “Moderate Buy” from the nine research firms that are presently covering the firm, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

Several brokerages recently issued reports on EONGY. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a report on Friday, July 3rd. Berenberg Bank upgraded E.On from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. UBS Group raised shares of E.On from a “hold” rating to a “buy” rating in a report on Monday, September 7th. Jefferies Financial Group upgraded shares of E.On from a “hold” rating to a “buy” rating in a research note on Sunday, August 2nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a report on Thursday, July 9th.

E.On Stock Performance

Shares of EONGY opened at $19.17 on Tuesday. The firm has a market capitalization of $50.12 billion, a P/E ratio of 12.78, a P/E/G ratio of 4.43 and a beta of 0.68. E.On has a 52 week low of $17.38 and a 52 week high of $23.58. The stock has a 50 day moving average price of $20.51 and a two-hundred day moving average price of $21.27. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.90 and a current ratio of 0.96.

E.On (OTCMKTS:EONGY) last posted its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). The company had revenue of $18.89 billion during the quarter, compared to the consensus estimate of $40.44 billion. E.On had a net margin of 4.49% and a return on equity of 11.35%. Equities analysts forecast that E.On will post 1.23 earnings per share for the current fiscal year.

E.On Company Profile

E.ON SE is a German energy company headquartered in Essen, Germany. The company focuses primarily on energy networks and customer solutions, rather than conventional power generation. Its activities include operating electricity and gas distribution networks, supplying energy to residential and commercial customers, and providing related services such as heating, energy efficiency solutions and electric-vehicle charging.

E.ON serves customers across several European markets, including Germany, the United Kingdom, Sweden, Italy, the Netherlands and countries in Central and Eastern Europe.