E.On (OTCMKTS:EONGY) Stock Rating Lowered by Wall Street Zen

E.On (OTCMKTS:EONGY) was downgraded by equities research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

Several other analysts have also recently commented on the company. Zacks Research upgraded E.On from a “hold” rating to a “strong-buy” rating in a report on Monday, January 5th. Citigroup reissued 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 assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

E.On Stock Performance

E.On stock traded up $0.30 on Wednesday, reaching $19.76. 95,100 shares of the stock were exchanged, compared to its average volume of 87,047. The company has a current ratio of 0.85, a quick ratio of 0.79 and a debt-to-equity ratio of 1.44. E.On has a twelve month low of $10.89 and a twelve month high of $19.91. The firm has a fifty day moving average price of $18.40 and a two-hundred day moving average price of $18.50. The stock has a market cap of $50.82 billion, a PE ratio of 15.82, a PEG ratio of 5.61 and a beta of 0.81.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings data on Wednesday, November 12th. The utilities provider reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.02). The business had revenue of $18.51 billion during the quarter, compared to the consensus estimate of $21.43 billion. E.On had a net margin of 3.61% and a return on equity of 11.86%. Sell-side analysts anticipate that E.On will post 1.16 EPS for the current 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.