E.On Se (OTCMKTS:EONGY) Receives Consensus Recommendation of "Moderate Buy" from Analysts

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

Several research firms have weighed in on EONGY. Morgan Stanley reiterated an "overweight" rating on shares of E.On in a research note on Thursday, May 15th. UBS Group lowered shares of E.On from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 29th. Berenberg Bank upgraded E.On to a "strong-buy" rating in a research note on Thursday, June 26th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of E.On in a research note on Thursday, May 15th. Finally, Oddo Bhf cut E.On to a "neutral" rating in a research note on Thursday, May 15th.

E.On Stock Up 0.6%

Shares of EONGY traded up $0.12 during midday trading on Tuesday, hitting $18.77. The company had a trading volume of 204,750 shares, compared to its average volume of 331,227. The company has a quick ratio of 0.87, a current ratio of 0.92 and a debt-to-equity ratio of 1.40. E.On has a 52 week low of $10.65 and a 52 week high of $18.91. The company's 50 day moving average price is $17.80 and its 200 day moving average price is $15.03. The stock has a market cap of $49.02 billion, a price-to-earnings ratio of 10.31, a PEG ratio of 5.22 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. E.On had a net margin of 5.41% and a return on equity of 13.05%. The firm had revenue of $28.28 billion during the quarter. On average, equities research analysts predict that E.On will post 1.16 EPS for the current year.

E.On Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, May 20th were issued a dividend of $0.4256 per share. This represents a yield of 2.48%. The ex-dividend date was Monday, May 19th. E.On's payout ratio is currently 25.27%.

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.