E.On (EONGY) to Release Quarterly Earnings on Wednesday

E.On (OTCMKTS:EONGY) is expected to be issuing its results before the market opens on Wednesday, February 25th. Analysts expect the company to announce earnings of $0.3303 per share for the quarter.

E.On Trading Down 0.5%

EONGY stock opened at $21.90 on Tuesday. The company has a debt-to-equity ratio of 1.44, a current ratio of 0.85 and a quick ratio of 0.79. The stock’s fifty day simple moving average is $20.19 and its two-hundred day simple moving average is $18.99. E.On has a 1-year low of $12.60 and a 1-year high of $22.18.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on EONGY shares. Wall Street Zen lowered shares of E.On from a “hold” rating to a “sell” rating in a research report on Wednesday, January 14th. Berenberg Bank cut shares of E.On from a “buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Citigroup reissued a “neutral” rating on shares of E.On in a research report on Friday, February 6th. Zacks Research lowered shares of E.On from a “strong-buy” rating to a “hold” rating in a research note on Thursday, February 5th. Finally, Bank of America cut shares of E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th. Two analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

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.