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.
Several price targets were given for EOG by the analysts covering the stock. The most optimistic analyst gave a price target of 131, implying potential capital gains of 37.01 percent. The lowest price target was 86, which equates to a potential downside 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.
Analysts have revised their earnings estimates downwards for this quarter, by about -43.27 percent on average, compared to last month. 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.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 10 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 13 analysts decreased their estimates.
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 below the high by 12.58 percent. 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 stock has a market capitalization of $55.41 billion. EOG is estimated to release their earnings results for the quarter on 0000-00-00, days from today.