E.On Se (OTCMKTS:EONGY) Given Average Recommendation of "Hold" by Brokerages

E.On Se (OTCMKTS:EONGY - Get Free Report) has earned an average rating of "Hold" from the seven brokerages that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Several equities research analysts have recently weighed in on the stock. UBS Group downgraded shares of E.On from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 29th. Morgan Stanley reissued an "overweight" rating on shares of E.On in a research report on Thursday, May 15th. DZ Bank downgraded shares of E.On from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 23rd. Barclays cut E.On from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, June 4th. Finally, Citigroup raised E.On to a "hold" rating in a research note on Wednesday, May 28th.

E.On Trading Down 0.7%

OTCMKTS EONGY traded down $0.12 during trading hours on Friday, hitting $17.88. 182,865 shares of the company were exchanged, compared to its average volume of 362,274. E.On has a 52 week low of $10.65 and a 52 week high of $18.11. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.57. The stock has a 50-day moving average price of $17.23 and a 200 day moving average price of $14.22. The stock has a market cap of $46.70 billion, a PE ratio of 9.82, a price-to-earnings-growth ratio of 6.32 and a beta of 0.78.

E.On (OTCMKTS:EONGY - Get Free Report) last released its earnings results on Wednesday, May 14th. The utilities provider reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.02. The firm had revenue of $28.28 billion for the quarter. E.On had a return on equity of 7.45% and a net margin of 2.20%. Analysts forecast that E.On will post 1.16 earnings per share for the current fiscal year.

E.On Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, May 27th. Shareholders of record on Tuesday, May 20th were given a $0.4256 dividend. The ex-dividend date was Monday, May 19th. This represents a yield of 2.48%. E.On's dividend payout ratio (DPR) is 24.73%.

E.On Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Sweden, the Netherlands, rest of Europe, and internationally. It operates through two segments, Energy Networks and Customer Solutions. The Energy Networks segment operates power and gas distribution networks, as well as provides maintenance, repairs, and related services.