Eni SpA (NYSE:E) – Investment analysts at Jefferies Group issued their Q4 2017 earnings per share (EPS) estimates for shares of ENI in a research report issued to clients and investors on Friday. Jefferies Group analyst M. Kofler anticipates that the oil and gas exploration company will post earnings per share of $0.44 for the quarter. Jefferies Group also issued estimates for ENI’s FY2019 earnings at $1.51 EPS and FY2020 earnings at $1.75 EPS.
A number of other brokerages have also recently issued reports on E. Zacks Investment Research upgraded ENI from a “hold” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Thursday, December 28th. upgraded ENI from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, Goldman Sachs Group restated a “buy” rating on shares of ENI in a report on Monday, December 11th. Five analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $26.50.
ENI (NYSE:E) last posted its quarterly earnings data on Friday, October 27th. The oil and gas exploration company reported $0.15 EPS for the quarter, missing the Zacks’ consensus estimate of $0.22 by ($0.07). ENI had a return on equity of 3.69% and a net margin of 2.50%. The firm had revenue of $18.42 billion during the quarter.
Several hedge funds have recently modified their holdings of E. Eqis Capital Management Inc. purchased a new position in shares of ENI during the third quarter valued at $223,000. Shelton Capital Management purchased a new position in shares of ENI during the second quarter valued at $225,000. Advisor Group Inc. grew its holdings in shares of ENI by 31.6% during the second quarter. Advisor Group Inc. now owns 7,625 shares of the oil and gas exploration company’s stock valued at $229,000 after buying an additional 1,832 shares in the last quarter. Sei Investments Co. grew its holdings in shares of ENI by 39.1% during the third quarter. Sei Investments Co. now owns 7,469 shares of the oil and gas exploration company’s stock valued at $246,000 after buying an additional 2,101 shares in the last quarter. Finally, FDx Advisors Inc. purchased a new position in shares of ENI during the third quarter valued at $249,000. Institutional investors and hedge funds own 1.64% of the company’s stock.
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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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