EOG Resources, Inc. [NYSE: EOG] surged by $0.16 during the normal trading session on while it closed the day at $119.80.
EOG Resources, Inc. stock has also loss -4.81% of its value over the past 7 days. However, EOG stock has inclined by 3.10% in the 3 months of the year. Over the past six months meanwhile, it has lost -1.83% and lost -0.95% year-on date.
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The market cap for EOG stock reached $68.85 billion, with 580.86 million shares outstanding and 573.25 million shares in the current float. Compared to the average trading volume of 3.41M shares, EOG reached a trading volume of 4373057 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 $146.29 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 2.11. 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.
Truist have made an estimate for EOG Resources, Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on May 16, 2024. The new note on the price target was released on April 11, 2024, representing the official price target for EOG Resources, Inc. stock. Previously, the target price had yet another raise to $144, while Barclays analysts kept a Equal Weight rating on EOG stock. On January 05, 2024, analysts decreased their price target for EOG shares from 147 to 140.
The Average True Range (ATR) for EOG Resources, Inc. is set at 2.76, with the Price to Sales ratio for EOG stock in the period of the last 12 months amounting to 2.93. The Price to Book ratio for the last quarter was 2.40, with the Price to Cash per share for the same quarter was set at 9.21. Price to Free Cash Flow for EOG in the course of the last twelve months was 14.99 with Quick ratio for the last quarter at 2.05.
EOG stock trade performance evaluation
EOG Resources, Inc. [EOG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.81. With this latest performance, EOG shares dropped by -7.86% in over the last four-week period, additionally sinking by -1.83% over the last 6 months – not to mention a rise of 8.41% 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 33.11, with the RSI for the last a single of trading hit 30.52, and the three-weeks RSI is set at 36.65 for EOG Resources, Inc. [EOG]. The present Moving Average for the last 50 days of trading for this stock 130.35, while it was recorded at 121.63 for the last single week of trading, and 124.27 for the last 200 days.
EOG Resources, Inc. [EOG]: An insightful look at the core fundamentals
EOG Resources, Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.05 and a Current Ratio set at 2.32.
Earnings per share (EPS) analysis for EOG Resources, Inc. [EOG] stock
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 4.40%.
EOG Resources, Inc. [EOG]: Institutional Ownership
The top three institutional holders of EOG stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.4983%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $200.69 billion in EOG stocks shares; and BERKSHIRE HATHAWAY INC, currently with $174.35 billion in EOG stock with ownership which is approximately 5.8386%.