EOG Resources, Inc [EOG] stock is trading at $131.41, up 2.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The EOG shares have gain 5.37% over the last week, with a monthly amount glided 2.78%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
EOG Resources, Inc [NYSE: EOG] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research upgraded its rating to a Outperform but kept the price target unchanged to $143 for it. Previously, Wells Fargo upgraded its rating to Overweight on December 17, 2024, and elevated its price target to $150. On November 18, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $149 on the stock. Truist downgraded its rating to a Hold and reduced its price target to $136 on May 16, 2024. Scotiabank downgraded its rating to Sector Perform for this stock on April 11, 2024, but kept the price target unchanged to $155. In a note dated April 10, 2024, Barclays initiated an Equal Weight rating and provided a target price of $144 on this stock.
EOG Resources, Inc [EOG] stock has fluctuated between $108.94 and $139.67 over the past year. Currently, Wall Street analysts expect the stock to reach $146.43 within the next 12 months. EOG Resources, Inc [NYSE: EOG] shares were valued at $131.41 at the most recent close of the market. An investor can expect a potential return of 11.43% based on the average EOG price forecast.
Analyzing the EOG fundamentals
EOG Resources, Inc [NYSE:EOG] reported sales of 23.86B for the trailing twelve months, which represents a drop of -3.93%. Gross Profit Margin for this corporation currently stands at 0.58% with Operating Profit Margin at 0.37%, Pretax Profit Margin comes in at 0.38%, and Net Profit Margin reading is 0.3%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.25 and Total Capital is 0.21. 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 129.36 points at the first support level, and at 127.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 134.15, and for the 2nd resistance point, it is at 136.89.
Ratios To Look Out For
For context, EOG Resources, Inc’s Current Ratio is 2.31. On the other hand, the Quick Ratio is 2.07, and the Cash Ratio is 1.39. Considering the valuation of this stock, the price to sales ratio is 3.10, the price to book ratio is 2.51 and price to earnings (TTM) ratio is 10.58.
Transactions by insiders
Recent insider trading involved Leitzell Jeffrey R., EVP & COO, that happened on Dec 31 ’24 when 4000.0 shares were sold. Officer, Leitzell Jeffrey R. completed a deal on Dec 31 ’24 to buy 4000.0 shares. Meanwhile, Director CLARK JANET F sold 568.0 shares on Nov 19 ’24.
