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

E.On Se (OTCMKTS:EONGY) has received an average recommendation of “Hold” from the six research firms that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company.

A number of brokerages have issued reports on EONGY. DZ Bank upgraded E.On from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 13th. Morgan Stanley reiterated an “overweight” rating on shares of E.On in a research note on Thursday, May 14th.

E.On Price Performance

Shares of OTCMKTS:EONGY opened at $20.74 on Friday. The stock has a fifty day simple moving average of $21.63 and a two-hundred day simple moving average of $21.01. The stock has a market capitalization of $54.22 billion, a price-to-earnings ratio of 13.56, a PEG ratio of 4.71 and a beta of 0.71. E.On has a 12-month low of $17.05 and a 12-month high of $23.58. The company has a current ratio of 0.79, a quick ratio of 0.74 and a debt-to-equity ratio of 1.32.

E.On (OTCMKTS:EONGY) last announced its quarterly earnings data on Wednesday, May 13th. The utilities provider reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.11. The business had revenue of $25.55 billion during the quarter, compared to analysts’ expectations of $35.38 billion. E.On had a return on equity of 12.71% and a net margin of 4.58%. On average, research analysts anticipate that E.On will post 1.25 earnings per share 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.