ENI (E) to Release Earnings on Wednesday

ENI (NYSE:E) is projected to release its earnings data before the market opens on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $21.48 billion for the quarter.

ENI Stock Up 1.1 %

NYSE:E opened at $29.10 on Wednesday. The business’s fifty day moving average price is $27.89 and its 200 day moving average price is $29.81. The firm has a market capitalization of $49.12 billion, a price-to-earnings ratio of 17.43, a PEG ratio of 1.85 and a beta of 0.92. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. ENI has a 1-year low of $26.12 and a 1-year high of $33.78.

Analyst Upgrades and Downgrades

E has been the topic of a number of research reports. Morgan Stanley reiterated an “equal weight” rating and issued a $31.60 target price (down previously from $37.50) on shares of ENI in a report on Tuesday, January 7th. StockNews.com upgraded shares of ENI from a “hold” rating to a “buy” rating in a research report on Tuesday. Jefferies Financial Group reissued a “buy” rating on shares of ENI in a research note on Tuesday, October 15th. Finally, UBS Group lowered ENI from a “buy” rating to a “neutral” rating in a report on Wednesday, January 8th. Six investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, ENI presently has an average rating of “Hold” and a consensus target price of $31.60.

ENI Company Profile

Eni SpA engages in the exploration, production, refining, and sale of oil, gas, electricity, and chemicals. It operates through the following segments: Exploration and Production, Global Gas and LNG Portfolio, Refining & Marketing and Chemicals, Power & Renewables, and Corporate and Other Activities.