E.On Se (OTCMKTS:EONGY) Given Average Rating of “Hold” by Brokerages

E.On Se (OTCMKTS:EONGY) has been given an average rating of “Hold” by the seven ratings firms that are currently covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the company.

Several equities analysts have recently issued reports on EONGY shares. DZ Bank upgraded shares of E.On from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 13th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of E.On in a research note on Thursday, July 9th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of E.On in a report on Friday, July 3rd.

E.On Price Performance

OTCMKTS EONGY opened at $22.06 on Thursday. The firm’s fifty day simple moving average is $21.14 and its two-hundred day simple moving average is $21.39. The firm has a market capitalization of $57.67 billion, a P/E ratio of 14.42, a P/E/G ratio of 5.03 and a beta of 0.72. The company has a current ratio of 0.95, a quick ratio of 0.91 and a debt-to-equity ratio of 1.27. E.On has a 12-month low of $17.05 and a 12-month high of $23.58.

E.On (OTCMKTS:EONGY) last issued its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.60 EPS for the quarter, beating the consensus estimate of $0.49 by $0.11. The firm had revenue of $25.55 billion during the quarter, compared to analyst estimates of $35.38 billion. E.On had a return on equity of 12.12% and a net margin of 4.58%. Analysts forecast that E.On will post 1.25 EPS for the current fiscal year.

About E.On

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.