Eni (NYSE:E)’s share price reached a new 52-week high and low during trading on Thursday . The company traded as low as $39.57 and last traded at $39.43, with a volume of 140669 shares. The stock had previously closed at $39.18.
A number of research firms have commented on E. BNP Paribas upgraded ENI from an “underperform” rating to a “neutral” rating in a research note on Friday. Deutsche Bank upgraded ENI from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Royal Bank of Canada lowered ENI from an “outperform” rating to a “sector perform” rating and raised their price objective for the stock from $29.44 to $34.24 in a research note on Monday, February 26th. Finally, Zacks Investment Research upgraded 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. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $30.75.
The company has a debt-to-equity ratio of 0.42, a current ratio of 1.47 and a quick ratio of 1.29. The company has a market cap of $71,193.70, a PE ratio of 26.09, a price-to-earnings-growth ratio of 4.09 and a beta of 0.90.
ENI (NYSE:E) last issued its quarterly earnings results on Wednesday, March 7th. The oil and gas exploration company reported $0.64 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.20. ENI had a return on equity of 4.95% and a net margin of 4.91%. The company had revenue of $24.59 billion for the quarter. equities analysts expect that Eni will post 2.39 earnings per share for the current year.
The firm also recently declared a semiannual dividend, which will be paid on Thursday, June 7th. Stockholders of record on Tuesday, May 22nd will be paid a $0.6444 dividend. The ex-dividend date of this dividend is Monday, May 21st. This represents a dividend yield of 3.72%. ENI’s payout ratio is 86.75%.
Several institutional investors and hedge funds have recently modified their holdings of E. Glenmede Trust Co. NA grew its position in ENI by 234.8% during the 4th quarter. Glenmede Trust Co. NA now owns 3,622 shares of the oil and gas exploration company’s stock worth $118,000 after acquiring an additional 2,540 shares during the last quarter. Elkfork Partners LLC bought a new stake in ENI during the 4th quarter worth $209,000. Raymond James Financial Services Advisors Inc. bought a new stake in ENI during the 4th quarter worth $259,000. Eagle Asset Management Inc. grew its position in 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 worth $304,000 after acquiring an additional 2,481 shares during the last quarter. Finally, Virtu Financial LLC bought a new stake in ENI during the 4th quarter worth $340,000. Institutional investors own 1.73% of the company’s stock.
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ENI Company Profile
Eni S.p.A. engages in the oil and gas, electricity generation and sale, and petrochemicals businesses. The company is involved in the oil and natural gas exploration, and field development and production activities, as well as liquefied natural gas (LNG) operations in 46 countries, including Italy, Libya, Egypt, Norway, the United Kingdom, Angola, Congo, Nigeria, the United States, Kazakhstan, Algeria, Australia, Venezuela, Iraq, Indonesia, Ghana, and Mozambique.
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