E.On Se (OTCMKTS:EONGY) Receives Average Recommendation of “Hold” from Brokerages

E.On Se (OTCMKTS:EONGY) has been assigned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company.

Several equities research analysts recently issued reports on EONGY shares. Royal Bank Of Canada reissued a “sector perform” rating on shares of E.On in a research note on Thursday, July 9th. Jefferies Financial Group raised E.On from a “hold” rating to a “buy” rating in a report on Sunday, August 2nd. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a research report on Friday, July 3rd. Finally, DZ Bank raised shares of E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th.

E.On Stock Down 4.3%

Shares of OTCMKTS EONGY opened at $20.15 on Monday. E.On has a 52 week low of $17.05 and a 52 week high of $23.58. The business has a 50-day simple moving average of $21.32 and a two-hundred day simple moving average of $21.71. The company has a quick ratio of 0.91, a current ratio of 0.95 and a debt-to-equity ratio of 1.27. The company has a market cap of $52.68 billion, a P/E ratio of 13.43, a P/E/G ratio of 4.86 and a beta of 0.71.

E.On (OTCMKTS:EONGY) last released its quarterly earnings data on Wednesday, August 12th. The utilities provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.10). E.On had a net margin of 4.49% and a return on equity of 11.54%. The firm had revenue of $18.89 billion during the quarter, compared to the consensus estimate of $40.44 billion. Research analysts anticipate that E.On will post 1.23 earnings per share for the current fiscal 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.