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.
EOG was given price targets by several analysts. The most optimistic analyst gave a price target of 131, implying potential capital gains of 37.01 percent. The lowest price target was 86, implying a possible loss of -10.06 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -43.27 percent. That number becomes -55.34 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -41.95 percent, compared to last month. 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 made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 13 analysts that revised their FY estimates downwards.
In the last 52-weeks, EOG has achieved a high of 109.37 and a 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.