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

E.On Se (OTCMKTS:EONGY - Get Free Report) has earned an average rating of "Hold" from the eight research firms that are presently covering the firm, Marketbeat Ratings reports. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company.

Several equities research analysts have commented on the company. 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 upgraded E.On from a "hold" rating to a "buy" rating in a research report on Sunday, August 2nd. Morgan Stanley reissued an "overweight" rating on shares of E.On in a research note on Friday, July 3rd. Finally, DZ Bank upgraded E.On from a "strong sell" rating to a "hold" rating in a report on Wednesday, May 13th.

E.On Price Performance

EONGY stock opened at $21.90 on Monday. The stock has a market capitalization of $57.25 billion, a P/E ratio of 14.31, a P/E/G ratio of 5.06 and a beta of 0.71. The firm has a 50-day simple moving average of $21.29 and a 200-day simple moving average of $21.68. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.27. E.On has a 52 week low of $17.05 and a 52 week high of $23.58.

E.On (OTCMKTS:EONGY - Get Free Report) last released its quarterly earnings results on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.11. The firm had revenue of $25.55 billion during the quarter, compared to the consensus estimate of $35.38 billion. E.On had a net margin of 4.58% and a return on equity of 12.12%. Equities analysts forecast that E.On will post 1.23 earnings per share for the current fiscal year.

About E.On

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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