E.On (OTCMKTS:EONGY) Upgraded at Zacks Research

E.On (OTCMKTS:EONGY) was upgraded by Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Monday,Zacks.com reports.

Separately, Citigroup restated a “neutral” rating on shares of E.On in a report on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, E.On currently has a consensus rating of “Moderate Buy”.

E.On Trading Up 0.5%

Shares of EONGY opened at $19.31 on Monday. E.On has a twelve month low of $10.65 and a twelve month high of $19.61. The firm has a market capitalization of $50.17 billion, a P/E ratio of 15.83, a price-to-earnings-growth ratio of 5.54 and a beta of 0.81. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 1.44. The stock’s fifty day simple moving average is $18.29 and its 200 day simple moving average is $18.45.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings results on Wednesday, November 12th. The utilities provider reported $0.16 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.02). The firm had revenue of $18.51 billion for the quarter, compared to analyst estimates of $21.43 billion. E.On had a return on equity of 11.86% and a net margin of 3.61%. On average, equities research analysts forecast 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.