ENI (E) Projected to Post Earnings on Wednesday

ENI (NYSE:E) is expected to announce its earnings results 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 Trading Up 1.1 %

Shares of NYSE:E opened at $29.10 on Wednesday. ENI has a twelve month low of $26.12 and a twelve month high of $33.78. The company has a current ratio of 1.27, a quick ratio of 1.07 and a debt-to-equity ratio of 0.41. The firm has a market cap of $49.12 billion, a P/E ratio of 17.43, a P/E/G ratio of 1.85 and a beta of 0.92. The company has a 50 day moving average of $27.89 and a 200-day moving average of $29.81.

Analyst Upgrades and Downgrades

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

About ENI

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.