Analysts expect Eni SpA (NYSE:E) to post earnings per share (EPS) of $0.44 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for ENI’s earnings. ENI posted earnings of $0.26 per share during the same quarter last year, which suggests a positive year over year growth rate of 69.2%. The business is expected to issue its next earnings report on Wednesday, March 14th.
On average, analysts expect that ENI will report full year earnings of $1.41 per share for the current financial year, with EPS estimates ranging from $1.24 to $1.67. For the next fiscal year, analysts forecast that the firm will post earnings of $2.38 per share, with EPS estimates ranging from $1.73 to $2.78. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that follow ENI.
Several research analysts recently commented on the stock. Goldman Sachs Group restated a “buy” rating on shares of ENI in a report on Monday, December 11th. Zacks Investment Research upgraded shares of ENI from a “hold” rating to a “buy” rating and set a $37.00 target price for the company in a report on Thursday, December 28th. Deutsche Bank restated a “neutral” rating on shares of ENI in a report on Tuesday, February 20th. Finally, Royal Bank of Canada cut shares of ENI from an “outperform” rating to a “sector perform” rating and increased their target price for the stock from $29.44 to $34.24 in a report on Monday, February 26th. Five investment analysts have rated the stock with a sell rating, four have issued a hold rating and five have assigned a buy rating to the company’s stock. ENI currently has a consensus rating of “Hold” and a consensus price target of $30.75.
Shares of ENI (E) traded up $0.26 during mid-day trading on Friday, hitting $34.16. 147,484 shares of the stock traded hands, compared to its average volume of 244,593. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.47 and a quick ratio of 1.29. ENI has a 52 week low of $29.44 and a 52 week high of $37.48. The company has a market capitalization of $60,963.47, a P/E ratio of 29.69, a price-to-earnings-growth ratio of 3.52 and a beta of 0.95.
ENI Company Profile
Eni SpA (Eni) is an Italy-based company engaged in the exploration, development and production of hydrocarbons, in the supply and marketing of gas, liquefied natural gas (LNG) and power, in the refining and marketing of petroleum products, in the production and marketing of basic petrochemicals, plastics and elastomers and in commodity trading.
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