A share price of EOG Resources, Inc. [EOG] is currently trading at $132.96, up 0.43%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The EOG shares have lost -2.99% over the last week, with a monthly amount glided 8.28%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
EOG Resources, Inc. [NYSE: EOG] stock has seen the most recent analyst activity on April 11, 2024, when Scotiabank downgraded its rating to a Sector Perform but kept the price target unchanged to $155 for it. Previously, Barclays started tracking the stock with Equal Weight rating on April 10, 2024, and set its price target to $144. On January 05, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $140 on the stock. Wells Fargo downgraded its rating to a Equal Weight and decreased its price target to $130 on December 14, 2023. Morgan Stanley downgraded its rating to a Equal-Weight but $134 remained the price target by the analyst firm on December 11, 2023. JP Morgan downgraded its rating to Neutral for this stock on December 06, 2023, and downed its price target to $150. In a note dated October 23, 2023, Citigroup downgraded an Neutral rating on this stock and revised its target price from $144 to $135.
EOG Resources, Inc. experienced fluctuations in its stock price throughout the past year between $104.97 and $139.67. Currently, Wall Street analysts expect the stock to reach $130.92 within the next 12 months. EOG Resources, Inc. [NYSE: EOG] shares were valued at $132.96 at the most recent close of the market. An investor can expect a potential drop of -1.53% based on the average EOG price forecast.
Analyzing the EOG fundamentals
Trailing Twelve Months sales for EOG Resources, Inc. [NYSE:EOG] were 23.27B which represents -6.97% decline. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.41%, Pretax Profit Margin comes in at 0.42%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.17, Equity is 0.28 and Total Capital is 0.24. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 131.38 points at the first support level, and at 129.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 133.78, and for the 2nd resistance point, it is at 134.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for EOG Resources, Inc. [NYSE:EOG] is 2.44. Also, the Quick Ratio is 2.13, while the Cash Ratio stands at 1.3. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 2.75 and price to earnings (TTM) ratio is 10.22.
Transactions by insiders
Recent insider trading involved Helms Lloyd W Jr, President & COO, that happened on Aug 15 ’23 when 4551.0 shares were sold. EVP Exploration and Production, Leitzell Jeffrey R. completed a deal on Jul 07 ’23 to sell 2031.0 shares. Meanwhile, President & COO Helms Lloyd W Jr sold 5000.0 shares on Jun 07 ’23.
