E.On Se (OTCMKTS:EONGY) Receives Average Rating of "Moderate Buy" from Brokerages

Key Points

• E.On holds an average “Moderate Buy” rating among eight analysts: five recommend holding, two recommend buying, and one gives a strong-buy rating. Recent upgrades came from Berenberg Bank and Jefferies Financial Group.
• EONGY opened at $20.28, with a market capitalization of approximately $53.02 billion and a 52-week trading range of $17.25 to $23.58.
• E.On reported quarterly EPS of $0.25, missing the $0.35 analyst consensus, while revenue of $18.89 billion was below estimates of $40.44 billion. Analysts expect full-year EPS of $1.23.

E.On Se (OTCMKTS:EONGY - Get Free Report) has received an average rating of "Moderate Buy" from the eight analysts that are currently covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

EONGY has been the topic of several recent research reports. Berenberg Bank raised E.On from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 25th. Morgan Stanley reaffirmed an "overweight" rating on shares of E.On in a research report on Friday, July 3rd. Royal Bank Of Canada reiterated a "sector perform" rating on shares of E.On in a research note on Thursday, July 9th. Jefferies Financial Group raised shares of E.On from a "hold" rating to a "buy" rating in a report on Sunday, August 2nd. Finally, DZ Bank upgraded shares of E.On from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 13th.

E.On Price Performance

EONGY opened at $20.28 on Friday. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.27. The company's 50-day moving average price is $21.22 and its 200 day moving average price is $21.63. E.On has a fifty-two week low of $17.25 and a fifty-two week high of $23.58. The firm has a market cap of $53.02 billion, a price-to-earnings ratio of 13.52, a price-to-earnings-growth ratio of 4.67 and a beta of 0.69.

E.On (OTCMKTS:EONGY - Get Free Report) last issued its earnings results on Wednesday, August 12th. The utilities provider reported $0.25 EPS 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 net margin of 4.49% and a return on equity of 11.54%. As a group, sell-side analysts expect that E.On will post 1.23 earnings per share 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.

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