Enel (ENLAY) Expected to Announce Earnings on Thursday

Enel (OTCMKTS:ENLAY) is anticipated to issue its results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.2174 per share and revenue of $26.5618 billion for the quarter.

Enel Trading Up 0.5%

OTCMKTS ENLAY traded up $0.06 during trading hours on Tuesday, hitting $11.32. 463,331 shares of the company were exchanged, compared to its average volume of 497,667. The company has a quick ratio of 0.65, a current ratio of 0.72 and a debt-to-equity ratio of 1.22. The stock has a 50-day moving average price of $11.21 and a 200 day moving average price of $10.71. The stock has a market cap of $115.09 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 3.64 and a beta of 0.83. Enel has a 52 week low of $8.34 and a 52 week high of $12.14.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of Enel in a research note on Wednesday, February 4th. Barclays restated an “overweight” rating on shares of Enel in a research report on Tuesday, February 24th. Finally, Morgan Stanley downgraded Enel from an “underweight” rating to an “underweight” rating in a report on Friday. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Enel Company Profile

Enel S.p.A. is a multinational energy company headquartered in Rome, Italy. It specializes in the generation, distribution and sale of electricity and gas, serving residential, commercial and industrial customers. Enel’s business activities encompass both conventional thermal power plants and a growing portfolio of renewable energy assets, including wind, solar, hydroelectric and geothermal installations. The company also provides advanced energy management services, electric vehicle charging infrastructure and demand response solutions.

Founded in 1962 as a state-owned electricity provider, Enel underwent partial privatization starting in the late 1990s and was listed on the Milan Stock Exchange in 1999.