E.On Se (OTCMKTS:EONGY) Given Consensus Recommendation of “Hold” by Analysts

E.On Se (OTCMKTS:EONGY) has been given an average recommendation of “Hold” by the six brokerages that are currently covering the company, Marketbeat Ratings reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

Several research analysts have recently weighed in on the stock. DZ Bank upgraded shares of E.On from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a report on Thursday, May 14th.

E.On Trading Up 0.5%

Shares of EONGY stock opened at $20.50 on Friday. The firm has a market cap of $53.59 billion, a P/E ratio of 13.40, a PEG ratio of 4.66 and a beta of 0.71. E.On has a 1-year low of $17.05 and a 1-year high of $23.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.95 and a quick ratio of 0.74. The firm’s 50-day simple moving average is $21.35 and its 200-day simple moving average is $21.09.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data 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 business had revenue of $25.55 billion for the quarter, compared to analyst estimates of $35.38 billion. E.On had a net margin of 4.58% and a return on equity of 12.12%. As a group, equities analysts forecast that E.On will post 1.25 EPS 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.