E.On Se (OTCMKTS:EONGY) Given Consensus Recommendation of “Hold” by Analysts

E.On Se (OTCMKTS:EONGY) has earned a consensus rating of “Hold” from the ten research firms that are currently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company.

A number of equities analysts recently weighed in on the stock. DZ Bank downgraded shares of E.On from a “hold” rating to a “strong sell” rating in a report on Thursday, February 26th. 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. Wall Street Zen cut shares of E.On from a “hold” rating to a “sell” rating in a report on Wednesday, January 14th. Finally, Bank of America cut E.On from a “buy” rating to a “neutral” rating in a report on Thursday, February 5th.

E.On Price Performance

Shares of EONGY stock opened at $22.36 on Friday. The firm’s fifty day moving average price is $21.16 and its two-hundred day moving average price is $19.34. 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 1 year low of $13.99 and a 1 year high of $23.48.

E.On (OTCMKTS:EONGY) last posted its quarterly earnings data on Wednesday, February 25th. The utilities provider reported $0.33 EPS for the quarter, hitting analysts’ consensus estimates of $0.33. The company had revenue of $24.95 billion during the quarter. E.On had a net margin of 2.20% and a return on equity of 12.27%. As a group, analysts expect 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.