EOG Resources, Inc. [EOG] stock prices are up 1.55% to $127.04 at the moment. 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 -3.92% over the last week, with a monthly amount glided 1.19%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, Truist downgraded its rating to Hold on May 16, 2024, and dropped its price target to $136. On April 11, 2024, downgrade downgraded it’s rating to Sector Perform but maintained its price target of $155 on the stock. Barclays started tracking the stock assigning a Equal Weight rating and suggested a price target of $144 on April 10, 2024. BofA Securities downgraded its rating to a Neutral and reduced its price target to $140 on January 05, 2024. Wells Fargo downgraded its rating to Equal Weight for this stock on December 14, 2023, and downed its price target to $130. In a note dated December 11, 2023, Morgan Stanley downgraded an Equal-Weight rating on this stock but restated the target price of $134.
The stock price of EOG Resources, Inc. [EOG] has been fluctuating between $108.94 and $139.67 over the past year. Currently, Wall Street analysts expect the stock to reach $130.63 within the next 12 months. EOG Resources, Inc. [NYSE: EOG] shares were valued at $127.04 at the most recent close of the market. An investor can expect a potential return of 2.83% based on the average EOG price forecast.
Analyzing the EOG fundamentals
The EOG Resources, Inc. [NYSE:EOG] reported sales of 23.53B for trailing twelve months, representing a surge of 4.66%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.39%, Pretax Profit Margin comes in at 0.4%, and Net Profit Margin reading is 0.31%. To continue investigating profitability, this company’s Return on Assets is posted at 0.16, Equity is 0.27 and Total Capital is 0.22. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.
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 125.54 points at the first support level, and at 124.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 128.30, and for the 2nd resistance point, it is at 129.56.
Ratios To Look Out For
It’s worth pointing out that EOG Resources, Inc. [NYSE:EOG]’s Current Ratio is 2.32. Also, the Quick Ratio is 2.05, while the Cash Ratio stands at 1.24. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 2.55 and price to earnings (TTM) ratio is 10.03.
Transactions by insiders
Recent insider trading involved Yacob Ezra Y, Chairman & CEO, that happened on May 21 ’24 when 4729.0 shares were sold. EVP, Gen. Counsel & Corp Sec, Donaldson Michael P completed a deal on May 13 ’24 to sell 2685.0 shares. Meanwhile, EVP & COO Leitzell Jeffrey R. sold 7802.0 shares on May 10 ’24.
