FY2019 EPS Estimates for OMV AG Raised by Jefferies Financial Group (OMVJF)

OMV AG (OTCMKTS:OMVJF) – Investment analysts at Jefferies Financial Group boosted their FY2019 earnings estimates for OMV in a report issued on Wednesday, October 31st. Jefferies Financial Group analyst J. Gammel now expects that the company will post earnings of $6.25 per share for the year, up from their previous forecast of $5.92.

A number of other brokerages have also recently issued reports on OMVJF. ValuEngine cut OMV from a “hold” rating to a “sell” rating in a report on Tuesday, September 4th. Zacks Investment Research cut OMV from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 9th.

Shares of OTCMKTS:OMVJF opened at $57.30 on Friday. OMV has a 12-month low of $51.00 and a 12-month high of $57.30. The company has a market cap of $18.75 billion, a PE ratio of 10.55, a PEG ratio of -4.74 and a beta of 0.35.

OMV (OTCMKTS:OMVJF) last issued its quarterly earnings data on Thursday, August 2nd. The company reported $0.99 earnings per share (EPS) for the quarter. OMV had a return on equity of 10.77% and a net margin of 6.72%. The company had revenue of $6.80 billion during the quarter.

About OMV

OMV Aktiengesellschaft operates as an integrated oil and gas company. It operates in two segments, Upstream and Downstream. The Upstream segment explores for, develops, and produces oil and gas resources primarily in Romania and Black Sea, Austria, North Sea, Australasia, Russia, the Middle East, and Africa.

Further Reading: How to interpret a stock’s beta number

Earnings History and Estimates for OMV (OTCMKTS:OMVJF)

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