ENI (E) Stock Price, News & Analysis

Company Overview

Eni S.p.A. operates as an integrated energy company worldwide. The company engages in exploration, development, extracting, manufacturing, and marketing crude oil and natural gas, oil-based fuels, chemical products, and gas-fired power, as well as energy products from renewable sources. It operates through Exploration & Production; Global Gas & LNG Portfolio (GGP); Enilive, Refining and Chemicals; Plenitude & Power; and Corporate and Other Activities segments. The company engages in research, development, and production of oil, condensates, and natural gas. It is also involved in the supply and sale of wholesale natural gas through pipeline; and international transport, and purchase and marketing of liquefied natural gas. In addition, the company supplies bio-feedstock and crude oil; and stores, produces, distributes, and markets biofuels, oil products, biomethane, basic chemical and petrochemical products, intermediates, plastics and elastomers, and other chemicals, as well as provides smart mobility solutions and mobility services. Further, it engages in the retail marketing of gas, electricity, and related services; production and wholesale sale of electricity from thermoelectric and renewable plants; and provision of services for E-mobility. The company was founded in 1953 and is headquartered in Rome, Italy.

Key Stats

• Today's Range: $31.99 to $32.22
• 50-Day Range: $30.17 to $32.88
• 52-Week Range: $28.82 to $34.30
• Volume: 270,708 shs
• Average Volume: 297,111 shs
• Market Capitalization: $54.17 billion
• P/E Ratio: 13.83
• Dividend Yield: 4.61%
• Price Target: $39.60
• Consensus Rating: Moderate Buy

ENI Stock Analysis - MarketRank™

ENI scored higher than 89% of companies evaluated by MarketBeat, and ranked 31st out of 253 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

ENI has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

ENI has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 3.83%

Earnings Growth

Earnings for ENI are expected to grow by 3.83% in the coming year, from $4.18 to $4.34 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of ENI is 13.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of ENI is 13.83, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.59.

Price to Earnings Growth Ratio

ENI has a PEG Ratio of 1.26. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

ENI has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.06% of the float of ENI has been sold short.

Short Interest Ratio / Days to Cover

ENI has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ENI has recently decreased by 6.83%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Leadership

ENI is a leading dividend payer. It pays a dividend yield of 4.53%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

ENI does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of ENI is 63.79%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, ENI will have a dividend payout ratio of 34.10% next year. This indicates that ENI will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.06% of the float of ENI has been sold short.

Short Interest Ratio / Days to Cover

ENI has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in ENI has recently decreased by 6.83%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.67

News Sentiment

ENI has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 12 news articles for ENI this week, compared to 5 articles on an average week.

Search Interest

11 people have searched for E on MarketBeat in the last 30 days. This is an increase of 57% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added ENI to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, ENI insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.01% of the stock of ENI is held by insiders.

Percentage Held by Institutions

Only 1.18% of the stock of ENI is held by institutions.

E Stock Analysis - Frequently Asked Questions

How have E shares performed this year?

ENI's stock was trading at $34.01 at the beginning of 2024. Since then, E shares have decreased by 5.6% and is now trading at $32.09.
View the best growth stocks for 2024 here.

How were ENI's earnings last quarter?

Eni S.p.A. (NYSE:E) posted its quarterly earnings data on Friday, July, 26th. The oil and gas exploration company reported $0.98 earnings per share for the quarter, missing the consensus estimate of $1.12 by $0.14. The oil and gas exploration company had revenue of $24.82 billion for the quarter, compared to analyst estimates of $25.74 billion. ENI had a trailing twelve-month return on equity of 11.84% and a net margin of 4.21%.

Does ENI have any subsidiaries?

The following companies are subsidiaries of ENI: Dhamma Energy Group, FRI-EL Group, Aldro Energy, First Calgary Petroliums, Agip Petroli, Agenzia Giornalistica Italia SpA, Ecofuel SpA, and more.

Who are ENI's major shareholders?

ENI's top institutional investors include Natixis Advisors LLC (0.13%), Brandes Investment Partners LP (0.03%), Raymond James & Associates (0.03%) and American Century Companies Inc. (0.02%).
View institutional ownership trends.

How do I buy shares of ENI?

Shares of E stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ENI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ENI investors own include Energy Transfer (ET), Chevron (CVX), Walt Disney (DIS), Broadcom (AVGO), BP (BP) and Enterprise Products Partners (EPD).

Company Calendar

• Last Earnings: 7/26/2024
• Today: 9/19/2024
• Ex-Dividend for 10/7 Dividend: 9/24/2024
• Dividend Payable: 10/07/2024
• Next Earnings (Estimated): 10/25/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:E
• CUSIP: N/A
• CIK: 1002242
• Web: www.eni.com
• Phone: 39659821
• Fax: 39-06-5982-2575
• Employees: 33,142
• Year Founded: 1953

Price Target and Rating

• Average Stock Price Target: $39.60
• High Stock Price Target: $39.60
• Low Stock Price Target: $39.60
• Potential Upside/Downside: +23.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $2.32
• Trailing P/E Ratio: 13.87
• Forward P/E Ratio: 7.70
• P/E Growth: 1.26
• Net Income: $5.16 billion
• Net Margins: 4.21%
• Pretax Margin: 10.02%
• Return on Equity: 11.84%
• Return on Assets: 4.53%

Debt

• Debt-to-Equity Ratio: 0.42
• Current Ratio: 1.28
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $91.59 billion
• Price / Sales: 0.59
• Cash Flow: $10.76 per share
• Price / Cash Flow: 2.99
• Book Value: $34.40 per share
• Price / Book: 0.94

Miscellaneous

• Outstanding Shares: 1,687,969,000
• Free Float: 1,687,800,000
• Market Cap: $54.30 billion
• Optionable: Optionable
• Beta: 0.96