Streetbeat News

EONGY

E. On SE

https://www.eon.com/

CEO

Johannes Teyssen

Employees

80,612

Industry

Hydroelectric Power Generation

Open

11.77

Mkt cap

30B

Volume

157

High

11.77

P/E Ratio

16.21

52-wk high

15.41

Low

11.67

Div yield

0.05

52-wk low

11.52

E.ON has stated that the development of a green hydrogen market in Germany is heavily reliant on public funding. This highlights the importance of government support in advancing green energy initiatives.

Portfolio Pulse from

November 29, 2024 | 8:00 am

E.ON's recent earnings report has led analysts to raise long-term targets, viewing the company as undervalued with a target above €16/share. Despite decent earnings and maintained guidance, E.ON is rated as a 'HOLD' with a price target of €11.5/share due to its valuation and low dividend yield. The company's focus on networks, retail sales, and renewables, along with increased CapEx for 2024-2028, positions it well but with limited upside.

Portfolio Pulse from

November 21, 2024 | 2:15 am

E.ON SE (EONGY) held its Q3 2024 earnings call, discussing the company's financial performance for the first nine months of 2024. The call included participation from various financial analysts.

Portfolio Pulse from

November 14, 2024 | 9:15 pm

E.ON, Britain's second-largest energy supplier, reported a 30% decline in adjusted pre-tax earnings in its UK energy retail arm for the first nine months of the year. The drop is attributed to the normalization of benefits from previous consumer bill hikes.

Portfolio Pulse from

November 14, 2024 | 3:15 pm

Tesla Inc's German gigafactory, located near Berlin, has resumed operations after a week-long outage caused by an arson attack. The factory, which has an installed annual vehicle capacity of 375,000 Model Y vehicles, was forced to halt production due to the attack by the 'Vulkan' Group. The outage resulted in a production loss of approximately 1000 cars per day. Tesla has announced that production will return to full speed this week.

Portfolio Pulse from Anan Ashraf

March 12, 2024 | 10:32 am

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