E.On Se (OTCMKTS:EONGY) Receives Average Rating of “Hold” from Analysts

Shares of E.On Se (OTCMKTS:EONGY) have been assigned an average rating of “Hold” from the ten ratings firms that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company.

Several analysts recently weighed in on the company. DZ Bank lowered E.On from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 26th. Citigroup reissued a “neutral” rating on shares of E.On in a research note on Friday, February 6th. Berenberg Bank downgraded shares of E.On from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Zacks Research downgraded shares of E.On from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th.

E.On Price Performance

OTCMKTS EONGY opened at $22.56 on Friday. The business has a fifty day moving average price of $21.51 and a two-hundred day moving average price of $19.50. E.On has a fifty-two week low of $14.13 and a fifty-two week high of $23.58. The company has a debt-to-equity ratio of 1.44, a quick ratio of 0.79 and a current ratio of 0.85.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings results on Wednesday, February 25th. The utilities provider reported $0.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.33. E.On had a return on equity of 12.27% and a net margin of 2.20%.The company had revenue of $24.95 billion for the quarter. As a group, research analysts anticipate that E.On will post 1.16 EPS for the current 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.