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

E.On Se (OTCMKTS:EONGY) has been given an average rating of “Moderate Buy” by the nine research firms that are presently covering the stock, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation, two have given a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of brokerages have recently commented on EONGY. Wall Street Zen cut shares of E.On from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Citigroup reissued a “neutral” rating on shares of E.On in a research note on Wednesday, December 3rd. Finally, Zacks Research raised E.On from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th.

E.On Stock Up 0.0%

OTCMKTS:EONGY opened at $20.05 on Thursday. The company has a 50-day moving average price of $18.67 and a 200-day moving average price of $18.58. The company has a quick ratio of 0.79, a current ratio of 0.85 and a debt-to-equity ratio of 1.44. E.On has a 12 month low of $11.29 and a 12 month high of $20.22.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings data on Wednesday, November 12th. The utilities provider reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.02). E.On had a net margin of 3.61% and a return on equity of 11.86%. The business had revenue of $18.51 billion during the quarter, compared to analysts’ expectations of $21.43 billion. On average, research analysts expect that E.On will post 1.16 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.