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

E.On Se (OTCMKTS:EONGY) has been given an average recommendation of “Hold” by the seven research firms that are presently covering the company, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

A number of brokerages have commented on EONGY. Citigroup restated a “neutral” rating on shares of E.On in a research note on Friday, February 6th. Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a research report on Thursday, May 14th. Bank of America downgraded shares of E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. DZ Bank upgraded shares of E.On from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 13th. Finally, Zacks Research cut shares of E.On from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 5th.

E.On Stock Performance

Shares of EONGY opened at $20.78 on Wednesday. E.On has a 52-week low of $17.05 and a 52-week high of $23.58. The company has a quick ratio of 0.74, a current ratio of 0.79 and a debt-to-equity ratio of 1.32. The firm has a market cap of $54.32 billion, a price-to-earnings ratio of 13.58, a PEG ratio of 4.75 and a beta of 0.71. The business’s 50 day moving average is $21.96 and its two-hundred day moving average is $20.71.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.60 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $25.55 billion during the quarter, compared to the consensus estimate of $35.38 billion. E.On had a return on equity of 12.71% and a net margin of 4.58%. Analysts forecast that E.On will post 1.25 EPS for the current fiscal 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.