Enel SpA (OTCMKTS:ENLAY) Given Average Recommendation of “Hold” by Brokerages

Enel SpA (OTCMKTS:ENLAY) has been given an average rating of “Hold” by the seven ratings firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company.

A number of equities analysts have weighed in on the company. Royal Bank Of Canada lowered Enel from a “hold” rating to a “strong sell” rating in a research note on Wednesday, November 19th. Oddo Bhf cut shares of Enel to a “neutral” rating in a research report on Friday, November 14th. Zacks Research downgraded shares of Enel from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 6th. HSBC cut shares of Enel from a “buy” rating to a “hold” rating in a research note on Tuesday, October 7th. Finally, Hsbc Global Res upgraded shares of Enel to a “hold” rating in a research report on Tuesday, October 7th.

Enel Price Performance

ENLAY stock opened at $10.30 on Friday. The firm has a 50 day moving average of $9.91 and a 200-day moving average of $9.44. The firm has a market capitalization of $104.72 billion, a P/E ratio of 15.61, a price-to-earnings-growth ratio of 5.21 and a beta of 0.95. Enel has a 12 month low of $6.84 and a 12 month high of $10.55. The company has a current ratio of 0.79, a quick ratio of 0.71 and a debt-to-equity ratio of 1.15.

Enel (OTCMKTS:ENLAY) last released its quarterly earnings results on Thursday, November 13th. The utilities provider reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.04). Enel had a net margin of 7.78% and a return on equity of 12.47%. The firm had revenue of $21.98 billion for the quarter, compared to analysts’ expectations of $18.81 billion. As a group, sell-side analysts predict that Enel will post 0.71 earnings per share for the current fiscal year.

About Enel

Enel SpA operates as an integrated operator in electricity and gas industries worldwide. It generates, distributes, transmits, and sells electricity; transports and markets natural gas; and constructs and operates generation plants and distribution grids. The company also provides energy management services; e-vehicle charging infrastructure for public and private customers; and engages in the energy commodities business.