ENI (E) to Release Quarterly Earnings on Wednesday

ENI (NYSE:E - Get Free Report) is expected to be announcing 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 Price Performance

Shares of ENI stock traded up $0.17 during mid-day trading on Friday, reaching $29.32. 188,051 shares of the stock traded hands, compared to its average volume of 265,813. The business has a 50-day moving average of $27.96 and a 200 day moving average of $29.77. ENI has a fifty-two week low of $26.12 and a fifty-two week high of $33.78. The stock has a market capitalization of $49.49 billion, a PE ratio of 17.56, a PEG ratio of 1.85 and a beta of 0.92. The company has a quick ratio of 1.07, a current ratio of 1.27 and a debt-to-equity ratio of 0.41.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. StockNews.com raised ENI from a "hold" rating to a "buy" rating in a report on Tuesday. Morgan Stanley reissued an "equal weight" rating and set a $31.60 target price (down previously from $37.50) on shares of ENI in a report on Tuesday, January 7th. Finally, UBS Group cut ENI from a "buy" rating to a "neutral" rating in a report on Wednesday, January 8th. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price 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.