Enel Chile S.A. (NYSE:ENIC) Given Consensus Rating of "Hold" by Analysts

Key Points

• Analysts rate Enel Chile a "Hold" — five analysts cover the stock (four hold, one buy) with an average 12-month price target of $4.30.
• The stock trades around $4.43 with a market cap of $6.13 billion, a P/E of 11.07, and a 52-week range of $2.99–$4.51.
• Most recent quarter showed $0.14 EPS on $1.18 billion in revenue; analysts expect about 0.45 EPS for the current year, and institutional ownership stands near 3.2% with several small new positions recently added.

Enel Chile S.A. (NYSE:ENIC - Get Free Report) has been assigned a consensus rating of "Hold" from the five analysts that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $4.30.

A number of research firms have recently commented on ENIC. Weiss Ratings restated a "hold (c)" rating on shares of Enel Chile in a research note on Wednesday, January 21st. Wall Street Zen upgraded Enel Chile from a "hold" rating to a "buy" rating in a research note on Sunday, March 15th. Zacks Research upgraded Enel Chile to a "hold" rating in a research note on Monday, December 15th. Finally, Santander cut Enel Chile to a "neutral" rating in a research note on Wednesday, January 28th.

Enel Chile Stock Up 1.1%

ENIC opened at $4.43 on Friday. The stock has a market cap of $6.13 billion, a PE ratio of 11.07 and a beta of 0.97. The business has a 50 day moving average of $4.11 and a 200-day moving average of $4.01. Enel Chile has a 52 week low of $2.99 and a 52 week high of $4.51.

Enel Chile (NYSE:ENIC - Get Free Report) last released its earnings results on Saturday, February 14th. The utilities provider reported $0.14 EPS for the quarter. The company had revenue of $1.18 billion during the quarter. Enel Chile had a return on equity of 9.81% and a net margin of 11.53%. Equities analysts anticipate that Enel Chile will post 0.45 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Arax Advisory Partners raised its stake in Enel Chile by 320.4% during the fourth quarter. Arax Advisory Partners now owns 7,652 shares of the utilities provider's stock valued at $31,000 after buying an additional 5,832 shares during the last quarter. Cibc World Market Inc. purchased a new position in Enel Chile during the fourth quarter valued at $40,000. Foster Group Inc. purchased a new position in Enel Chile during the third quarter valued at $42,000. MML Investors Services LLC purchased a new position in Enel Chile during the fourth quarter valued at $43,000. Finally, Caprock Group LLC purchased a new position in Enel Chile during the third quarter valued at $48,000. Hedge funds and other institutional investors own 3.20% of the company's stock.

Enel Chile Company Profile

Enel Chile SA, traded as ENIC on the NYSE, is one of Chile's leading integrated electric utilities, with core businesses spanning electricity generation, transmission and distribution. The company serves a diverse customer base that includes residential, commercial and industrial users, striving to deliver reliable power across both urban and rural regions.

In its generation segment, Enel Chile operates a balanced portfolio of assets, including hydroelectric plants, thermal power stations and an expanding suite of renewable energy facilities such as wind and solar farms.

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