EOG Resources Inc. [NYSE: EOG] closed the trading session at $71.43 on 03/04/21. The day’s price range saw the stock hit a low of $67.23, while the highest price level was $73.87.
The stocks have a year to date performance of 43.23 percent and weekly performance of 1.19 percent. The stock has been moved at 58.00 percent over the last six months. The stock has performed 39.35 percent around the most recent 30 days and changed 53.51 percent over the most recent 3-months.
If compared to the average trading volume of 4.80M shares, EOG reached to a volume of 7292809 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about EOG Resources Inc. [EOG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EOG shares is $70.31 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EOG stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for EOG Resources Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 14, 2021. The new note on the price target was released on November 06, 2020, representing the official price target for EOG Resources Inc. stock. Previously, the target price had yet another raise to $51, while Piper Sandler analysts kept a Overweight rating on EOG stock.
The Average True Range (ATR) for EOG Resources Inc. is set at 3.47, with the Price to Sales ratio for EOG stock in the period of the last 12 months amounting to 3.70. The Price to Book ratio for the last quarter was 2.04, with the Price to Cash per share for the same quarter was set at 5.22. Price to Free Cash Flow for EOG in the course of the last twelve months was 11.49 with Quick ratio for the last quarter at 1.50.
EOG stock trade performance evaluation
EOG Resources Inc. [EOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.19. With this latest performance, EOG shares gained by 39.35% in over the last four-week period, additionally plugging by 58.00% over the last 6 months – not to mention a rise of 11.47% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EOG stock in for the last two-week period is set at 65.27, with the RSI for the last a single of trading hit 67.27, and the three-weeks RSI is set at 63.88 for EOG Resources Inc. [EOG]. The present Moving Average for the last 50 days of trading for this stock 58.12, while it was recorded at 66.49 for the last single week of trading, and 48.77 for the last 200 days.
EOG Resources Inc. [EOG]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and EOG Resources Inc. [EOG] shares currently have an operating margin of +4.61 and a Gross Margin at +14.29. EOG Resources Inc.’s Net Margin is presently recorded at -6.09.
Return on Total Capital for EOG is now 1.68, given the latest momentum, and Return on Invested Capital for the company is -2.32. Return on Equity for this stock declined to -2.88, with Return on Assets sitting at -1.66. When it comes to the capital structure of this company, EOG Resources Inc. [EOG] has a Total Debt to Total Equity ratio set at 33.26. Additionally, EOG Total Debt to Total Capital is recorded at 24.96, with Total Debt to Total Assets ending up at 18.86. Long-Term Debt to Equity for the company is recorded at 27.96, with the Long-Term Debt to Total Capital now at 20.98.
Reflecting on the efficiency of the workforce at the company, EOG Resources Inc. [EOG] managed to generate an average of -$208,473 per employee. Receivables Turnover for the company is 5.37 with a Total Asset Turnover recorded at a value of 0.27.EOG Resources Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.70.
Earnings per share (EPS) analysis for EOG Resources Inc. [EOG] stock
With the latest financial reports released by the company, EOG Resources Inc. posted 0.55/share EPS, while the average EPS was predicted by analysts to be reported at 0.66/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -16.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EOG. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for EOG Resources Inc. go to 29.30%.
EOG Resources Inc. [EOG]: Insider Ownership positions
There are presently around $36,975 million, or 91.60% of EOG stock, in the hands of institutional investors. The top three institutional holders of EOG stocks are: CAPITAL RESEARCH GLOBAL INVESTORS with ownership of 70,646,904, which is approximately -0.505% of the company’s market cap and around 0.30% of the total institutional ownership; CAPITAL INTERNATIONAL INVESTORS, holding 56,290,897 shares of the stock with an approximate value of $4.02 billion in EOG stocks shares; and VANGUARD GROUP INC, currently with $3.21 billion in EOG stock with ownership of nearly -5.199% of the company’s market capitalization.
Positions in EOG Resources Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 392 institutional holders increased their position in EOG Resources Inc. [NYSE:EOG] by around 58,732,392 shares. Additionally, 431 investors decreased positions by around 57,844,719 shares, while 100 investors held positions by with 401,061,640 shares. The mentioned changes placed institutional holdings at 517,638,751 shares, according to the latest SEC report filing. EOG stock had 146 new institutional investments in for a total of 4,098,484 shares, while 75 institutional investors sold positions of 3,685,973 shares during the same period.