Analyst Ratings for EOG Resources Inc. (EOG)

Updated: 2017-07-28

An average rating of Overweight has been given to EOG Resources Inc. (NYSE:EOG) by analysts covering the stock. EOG had previously received a consensus rating of Overweight a month ago.

17 analysts declared EOG a buy, 5 gave an overweight rating, 15 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 3 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for EOG. The maximum price target given was 131, which equates to a potential upside of 37.01 percent. The lowest price target was 86, implying a possible loss of -10.06 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -43.27 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -55.34 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -41.95 percent. If we look at the last 90 days instead, we find a net average change of -46.5 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 10 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 13 analysts that revised their FY estimates downwards.

EOG has a 52-week high of 109.37 and a 52-week low of 78.26. Today's price is 22.18 percent above the 52-week low, and 12.58 percent lower than its 52-week high. EOG has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The EOG value stock report compares EOG to some of its peers using value stock charts. The market cap of EOG is $55.41 billion. EOG's next earnings release will be on 0000-00-00, which is days away.