Analysts predict that Eni SpA (NYSE:E) will report $0.44 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have made estimates for ENI’s earnings. ENI reported earnings of $0.26 per share in the same quarter last year, which indicates a positive year over year growth rate of 69.2%. The company is scheduled to announce its next quarterly earnings report on Wednesday, March 7th.
On average, analysts expect that ENI will report full-year earnings of $1.41 per share for the current fiscal year, with EPS estimates ranging from $1.24 to $1.67. For the next fiscal year, analysts expect that the company will post earnings of $2.38 per share, with EPS estimates ranging from $1.73 to $2.78. Zacks’ EPS calculations are an average based on a survey of research analysts that cover ENI.
Several brokerages recently issued reports on E. Royal Bank of Canada cut ENI from an “outperform” rating to a “sector perform” rating and increased their price objective for the stock from $29.44 to $34.24 in a research note on Monday, February 26th. Deutsche Bank reissued a “neutral” rating on shares of ENI in a research note on Tuesday, February 20th. Zacks Investment Research raised ENI from a “hold” rating to a “buy” rating and set a $42.00 price objective on the stock in a research note on Monday, January 29th. Finally, Goldman Sachs Group reissued a “buy” rating on shares of ENI in a research note on Monday, December 11th. Five 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. The company presently has a consensus rating of “Hold” and a consensus price target of $30.75.
A number of institutional investors have recently bought and sold shares of E. Wetherby Asset Management Inc. lifted its holdings in shares of ENI by 12.6% during the 4th quarter. Wetherby Asset Management Inc. now owns 17,078 shares of the oil and gas exploration company’s stock valued at $567,000 after purchasing an additional 1,906 shares during the last quarter. Sei Investments Co. lifted its holdings in shares of ENI by 39.1% during the 3rd quarter. Sei Investments Co. now owns 7,469 shares of the oil and gas exploration company’s stock valued at $246,000 after purchasing an additional 2,101 shares during the last quarter. US Bancorp DE lifted its holdings in shares of ENI by 24.8% during the 4th quarter. US Bancorp DE now owns 11,194 shares of the oil and gas exploration company’s stock valued at $372,000 after purchasing an additional 2,226 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of ENI by 0.7% during the 2nd quarter. Dimensional Fund Advisors LP now owns 348,578 shares of the oil and gas exploration company’s stock valued at $10,478,000 after purchasing an additional 2,254 shares during the last quarter. Finally, Eagle Asset Management Inc. lifted its holdings in shares of ENI by 38.4% during the 4th quarter. Eagle Asset Management Inc. now owns 8,950 shares of the oil and gas exploration company’s stock valued at $304,000 after purchasing an additional 2,481 shares during the last quarter. Institutional investors own 1.74% of the company’s stock.
ENI (NYSE E) opened at $33.55 on Friday. ENI has a 52 week low of $29.44 and a 52 week high of $37.48. The stock has a market capitalization of $60,872.62, a P/E ratio of 33.55, a P/E/G ratio of 3.52 and a beta of 0.95. The company has a quick ratio of 1.10, a current ratio of 1.27 and a debt-to-equity ratio of 0.44.
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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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