E.On Se (EONGY) – What Are Analysts Saying About This Stock?

Shares of E.On Se (OTCMKTS:EONGY) have earned an average rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation, three have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Several equities research analysts recently commented on EONGY shares. Morgan Stanley reissued an “overweight” rating on shares of E.On in a report on Friday, July 3rd. UBS Group raised E.On from a “hold” rating to a “buy” rating in a research note on Monday, September 7th. Sanford C. Bernstein upgraded E.On to a “strong-buy” rating in a research report on Wednesday, October 21st. Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a research report on Thursday, July 9th. Finally, Jefferies Financial Group raised E.On from a “hold” rating to a “buy” rating in a research note on Sunday, August 2nd.

E.On Stock Performance

EONGY stock opened at $21.08 on Friday. The company has a 50-day simple moving average of $20.01 and a 200 day simple moving average of $21.18. The company has a market capitalization of $55.11 billion, a P/E ratio of 15.78, a PEG ratio of 4.90 and a beta of 0.68. The company has a quick ratio of 0.90, a current ratio of 0.96 and a debt-to-equity ratio of 1.38. E.On has a fifty-two week low of $17.38 and a fifty-two week high of $23.58.

E.On (OTCMKTS:EONGY) last issued its quarterly 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 analyst estimates of $40.44 billion. E.On had a return on equity of 11.35% and a net margin of 4.49%. Sell-side analysts predict that E.On will post 1.23 earnings per share for the current fiscal year.

E.On Company Profile

E.ON SE is a Germany-based energy company focused on operating energy networks and providing customer-oriented energy solutions. Its activities include electricity and gas distribution networks, energy supply, retail services, and solutions that support the transition to a lower-carbon energy system.

The company serves residential, commercial, industrial, and public-sector customers primarily across Europe. Its offerings include electricity and natural gas supply, energy-management services, distributed energy solutions, infrastructure for electric mobility, and services related to energy efficiency and renewable energy integration.

E.ON was created in 2000 through the merger of German utility groups VEBA and VIAG.