Equities Analysts Set Expectations for E.ON SE Sponsored ADR (Germany)’s FY2019 Earnings (OTCMKTS:EONGY)

E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY) – Research analysts at Jefferies Financial Group decreased their FY2019 earnings per share estimates for shares of E.ON SE Sponsored ADR (Germany) in a research report issued on Wednesday, March 27th, Zacks Investment Research reports. Jefferies Financial Group analyst A. Farman now expects that the utilities provider will earn $0.80 per share for the year, down from their previous estimate of $0.81. Jefferies Financial Group has a “Underperform” rating on the stock.

Several other analysts also recently issued reports on the company. Zacks Investment Research raised E.ON SE Sponsored ADR (Germany) from a “sell” rating to a “hold” rating in a report on Tuesday, April 9th. UBS Group reissued a “neutral” rating on shares of E.ON SE Sponsored ADR (Germany) in a report on Tuesday, March 12th. Finally, JPMorgan Chase & Co. cut E.ON SE Sponsored ADR (Germany) from an “overweight” rating to a “neutral” rating in a research report on Monday, March 4th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $11.00.

Shares of OTCMKTS EONGY traded up $0.05 during mid-day trading on Thursday, hitting $11.03. The company had a trading volume of 563,792 shares, compared to its average volume of 200,963. The company has a market cap of $23.90 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 1.87 and a beta of 1.03. E.ON SE Sponsored ADR has a 12 month low of $9.48 and a 12 month high of $11.65. The company has a current ratio of 1.84, a quick ratio of 1.78 and a debt-to-equity ratio of 1.08.

The firm also recently announced an annual dividend, which will be paid on Friday, May 24th. Investors of record on Thursday, May 16th will be given a $0.362 dividend. This is a boost from E.ON SE Sponsored ADR (Germany)’s previous annual dividend of $0.27. This represents a yield of 3.22%. The ex-dividend date of this dividend is Wednesday, May 15th. E.ON SE Sponsored ADR (Germany)’s dividend payout ratio (DPR) is currently 34.67%.

E.ON SE Sponsored ADR (Germany) Company Profile

E.ON SE operates as an energy company in Germany, the United Kingdom, Romania, Hungary, the Czech Republic, Sweden, the United States, Poland, Italy, Denmark, and internationally. It operates through three segments: Energy Networks, Customer Solutions, and Renewables. The company provides power and gas distribution networks and related services; and distributes energy solutions to residential customers, small and medium sized enterprises, large commercial and industrial customers, and public entities.

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Earnings History and Estimates for E.ON SE Sponsored ADR (Germany) (OTCMKTS:EONGY)

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