Analytical Report on Price Target: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) plunged -1.62% during previous trade, a total of 3.11M shares exchanged hands compared with its average trading volume of 3.41M shares whereas its relative volume is 0.94. The stock has a market capitalization of $53.33B along with 577.16M outstanding shares. Stock’s intraday price range hit the peak level of $95.42 and touched the lowest level of $92.93.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 4/13/17 and according to 38 analysts stock’s price will reach at $113.79 during 52 weeks with standard deviation of 13.03. Stock’s minimum price target estimates has been figured out at $94 while the maximum price target forecast is established at $143, if we look at the price target with an optimistic approach it has upside potential of 51% from its latest closing price of $93.29.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 3/17/17 by the analysts, however the bullish price estimates of the stock set at $143 while the bearish estimates kept at $86 over the next one year. Stock’s 52-week target was retained at $110.64, the estimates indicates a standard deviation of 14.54.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.58. ABR value is precisely based on brokerage recommendations, where out of 24 brokerage recommendations 17 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 0 rate the stocks of the company a Buy, 7 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 3/30/17 the stock of EOG Resources Inc (NYSE:EOG) upgraded by UBS from Neutral to Buy. However previously on 3/6/17 it was upgraded by Tudor Pickering from Hold to Buy. A research note issued on 1/4/17 the stock was upgraded by BofA/Merrill from Neutral to Buy.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 18.73% whereas its year to date (YTD) performance indicated a bearish trend of -7.42%. During the last six months the stock fell -0.19%. Quarterly performance of the company shows declining momentum of -11.34% while its last one month trend is negative with -2.88%. Stock’s weekly performance expressed down trend of -4.69%.

The company’s price sits -4.04% below from its 50-day moving average of $96.62 and -1.49% away from the stock’s 200-day moving average which is $98.42. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -14.42% away from the 52-week high price of $109.01 and +22.58% far from the 52-week low price of $76.10.

According to consensus agreement of 32 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $0.15 in their quarterly report and it is expected to announce the company’s results on 5/8/17 After Market Close. For the current quarter the company has high EPS estimates of $0.37 in contradiction of low EPS estimates of $-0.1. However a year ago for the same quarter the company has reported $-0.83 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $1.27 according to the sentiments of 40 analysts, while its lowest earnings estimates are $0.08 and highest earnings estimates are $3.5.

According to 7 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.41B meanwhile the company has high revenue estimates of $2.54B in contradiction of low revenue estimates of $2.33B. For the current year the company’s revenue estimates are $10.61B compared to low analyst estimates of $9.88B and high estimates of $11.23B according to the projection of 10 analysts.

Recent Analyst Updates on: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) rose 0.18% during previous trade. UBS issued rating on the stock of EOG Resources Inc (NYSE:EOG) in a research note issued to investors on Mar-30-17, the stock received “Upgrade” rating from Neutral to Buy from $106 to $109. Additionally Tudor Pickering issued their verdict on the stock of the company, on record date of Mar-06-17 the stock was “Upgraded” from Hold to Buy besides that on Jan-04-17 EOG Resources Inc (NYSE:EOG) was “Upgraded” by BofA/Merrill from Neutral to Buy. Furthermore on Dec-13-16 the stock was “Reiterated” by FBR & Co. as Outperform from $108 to $128.

EOG Resources Inc (NYSE:EOG) shares ended last trading session at the price of $97.17 whereas a number of traders indicating mean target price will hit $114.37 over the next twelve months, mean value of price target most recently revised on 03/28/17. EOG Resources Inc (NYSE:EOG)’s highest estimates of price target are $143 and low forecast is $94 based on the opinion of 38 analysts. The price target estimates represents a standard deviation of 14.43. However brokerage recommendations suggests an ABR of 1.72 based on calls of 25 experts, where 16 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 9 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

EOG Resources Inc (NYSE:EOG) is expected to release the earnings of its current quarter on 5/4/17. The company is expected to release $0.17 EPS for current quarter according to 28 analysts whereas the company reported $-0.83 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.01 and high estimate of $0.37. For the current year EOG Resources Inc (NYSE:EOG) has set to release EPS of $1.33 as per the sentiments of 38 analysts, however according to 35 analysts, the company expected to release $2.64 EPS for next year.

EOG Resources Inc (NYSE:EOG)’s average revenue estimates for the current quarter are $2.44B according to 7 number of analysts. However its lowest revenue estimates are $2.23B and highest revenue estimates are $2.58B. A year ago the company’s sales were $1.35B. Its yearly sales growth estimates are 79.80%. For the next quarter the company has anticipated average revenues of $2.6B, according to the sentiments of 7 analysts. For the current year the company has fixed $10.47B revenues, as per the opinion of 11 analysts. For the current year the company has low revenue estimates of $7.17B in contradiction of high revenue estimates of $11.63B. Whereas for the next year revenues are set at $13.43B by 9 analysts.

The stock exchanged hands 7.51M shares versus average trading capacity of 3.57M shares, while its shares’ total market worth is $58.26B along with 577.16M outstanding shares. EOG Resources Inc (NYSE:EOG) shares were trading -11.01% below from the 52-week high price mark of $109.19 and +40.54% above from the 52-week price bottom of $69.14. However the company observed 52 week high price on 12/12/16 and witnessed 52 week low price on 04/05/16. The company’s price sits -1.73% below from its 50-day moving average of $97.38 and 3.52% far from the stock’s 200-day moving average which is $97.79. EOG Resources Inc (NYSE:EOG)’s price to sales ratio for trailing twelve month stands at 7.53, whereas its price to book ratio for most recent quarter sits at 3.97. However the company’s price to cash per share for most recent quarter stands at 35.04.

Experts Analysis on Price Reaction History: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) soared 0.63% during previous trade, a total of 6.98M shares exchanged hands compared with its average trading volume of 3.63M shares whereas its relative volume is 2.21. The stock has a market capitalization of $54.92B along with 576.83M outstanding shares. Stock’s intraday price range hit the peak level of $96.97 and touched the lowest level of $95.65.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 3/16/17 and according to 38 analysts stock’s price will reach at $114.47 during 52 weeks with standard deviation of 14.57. Stock’s minimum price target estimates has been figured out at $94 while the maximum price target forecast is established at $143, if we look at the price target with an optimistic approach it has upside potential of 49% from its latest closing price of $96.43.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 2/16/17 by the analysts, however the bullish price estimates of the stock set at $129 while the bearish estimates kept at $86 over the next one year. Stock’s 52-week target was retained at $109.39, the estimates indicates a standard deviation of 13.21.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.77. ABR value is precisely based on brokerage recommendations, where out of 26 brokerage recommendations 16 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 0 rate the stocks of the company a Buy, 10 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 3/6/17 the stock of EOG Resources Inc (NYSE:EOG) upgraded by Tudor Pickering from Hold to Buy. However previously on 12/1/16 1/4/17 it was upgraded by BofA/Merrill from Neutral to Buy. A research note issued on 11/16/16 the stock was upgraded by Stifel from Hold to Buy.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 50.23% whereas its year to date (YTD) performance indicated a bullish trend of 0.29%. During the last six months the stock rose 12.17%. Quarterly performance of the company shows optimistic momentum of 10.92% while its last one month trend is negative with -3.95%. Stock’s weekly performance expressed up trend of 4.16%.

The company’s price sits -1.79% below from its 50-day moving average of $98.85 and 10.81% far from the stock’s 200-day moving average which is $97.55. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -7.29% away from the 52-week high price of $109.19 and +63.11% far from the 52-week low price of $62.06.

According to consensus agreement of 27 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $0.17 in their quarterly report and it is expected to announce the company’s results on 5/4/17. For the current quarter the company has high EPS estimates of $0.37 in contradiction of low EPS estimates of $-0.1. However a year ago for the same quarter the company has reported $-0.83 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $1.36 according to the sentiments of 36 analysts, while its lowest earnings estimates are $0.59 and highest earnings estimates are $3.5.

According to 7 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.44B meanwhile the company has high revenue estimates of $2.58B in contradiction of low revenue estimates of $2.23B. For the current year the company’s revenue estimates are $10.8B compared to low analyst estimates of $10.06B and high estimates of $11.63B according to the projection of 10 analysts.

Analyst’s Report Recap: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) soared 0.88% during previous trade, a total of 3.86M shares exchanged hands compared with its average trading volume of 3.06M shares whereas its relative volume is 1.08. The stock has a market capitalization of $57.76B along with 576.78M outstanding shares. Stock’s intraday price range hit the peak level of $101.48 and touched the lowest level of $99.02.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 2/6/17 and according to 39 analysts stock’s price will reach at $112.56 during 52 weeks with standard deviation of 12.97. Stock’s minimum price target estimates has been figured out at $91 while the maximum price target forecast is established at $136, if we look at the price target with an optimistic approach it has upside potential of 36% from its latest closing price of $101.23.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 1/20/17 by the analysts, however the bullish price estimates of the stock set at $129 while the bearish estimates kept at $86 over the next one year. Stock’s 52-week target was retained at $108.70, the estimates indicates a standard deviation of 12.92.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.89. ABR value is precisely based on brokerage recommendations, where out of 28 brokerage recommendations 15 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 1 rate the stocks of the company a Buy, 12 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 1/4/17 the stock of EOG Resources Inc (NYSE:EOG) upgraded by BofA/Merrill from Neutral to Buy. However previously on 12/1/16 11/16/16 it was upgraded by Stifel from Hold to Buy. A research note issued on 11/16/16 the stock was upgraded by CapitalOne from Equal Weight to Overweight.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 50.23% whereas its year to date (YTD) performance indicated a bullish trend of 0.29%. During the last six months the stock rose 12.17%. Quarterly performance of the company shows optimistic momentum of 10.92% while its last one month trend is negative with -3.95%. Stock’s weekly performance expressed up trend of 4.16%.

The company’s price sits -1.79% below from its 50-day moving average of $102.61 and 10.81% far from the stock’s 200-day moving average which is $96.12. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -7.29% away from the 52-week high price of $109.19 and +63.11% far from the 52-week low price of $62.06.

According to consensus agreement of 37 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $-0.14 in their quarterly report and it is expected to announce the company’s results on 2/27/17 After Market Close. For the current quarter the company has high EPS estimates of $0.05 in contradiction of low EPS estimates of $-0.25. However a year ago for the same quarter the company has reported $-0.27 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $-1.76 according to the sentiments of 38 analysts, while its lowest earnings estimates are $-1.86 and highest earnings estimates are $-1.58.

According to 10 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.21B meanwhile the company has high revenue estimates of $2.4B in contradiction of low revenue estimates of $2.09B. For the current year the company’s revenue estimates are $7.43B compared to low analyst estimates of $7.34B and high estimates of $7.57B according to the projection of 13 analysts.

Analytical Approach on: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) plunged -0.87% during previous trade, a total of 1.90M shares exchanged hands compared with its average trading volume of 4.25M shares whereas its relative volume is 0.53. The stock has a market capitalization of $58.89B along with 576.46M outstanding shares. Stock’s intraday price range hit the peak level of $102.83 and touched the lowest level of $101.35.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 12/13/16 and according to 39 analysts stock’s price will reach at $109.92 during 52 weeks with standard deviation of 13.13. Stock’s minimum price target estimates has been figured out at $91 while the maximum price target forecast is established at $136, if we look at the price target with an optimistic approach it has upside potential of 34% from its latest closing price of $101.65.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 12/04/16 by the analysts, however the bullish price estimates of the stock set at $127 while the bearish estimates kept at $86 over the next one year. Stock’s 52-week target was retained at $105.55, the estimates indicates a standard deviation of 10.78.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.93. ABR value is precisely based on brokerage recommendations, where out of 27 brokerage recommendations 14 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 1 rate the stocks of the company a Buy, 12 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 12/1/16 the stock of EOG Resources Inc (NYSE:EOG) upgraded by Stifel from Hold to Buy. However previously on 11/16/16 it was upgraded by CapitalOne from Equal Weight to Overweight. A research note issued on 11/15/16 the stock was upgraded by CLSA from Underperform to Outperform.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 44.22% whereas its year to date (YTD) performance indicated a bullish trend of 44.83%. During the last six months the stock rose 22.28%. Quarterly performance of the company shows optimistic momentum of 8.37% while its last one month trend is positive with 8.75%. Stock’s weekly performance expressed down trend of -1.46%.

The company’s price sits 4.42% above from its 50-day moving average of $99.83 and 16.61% far from the stock’s 200-day moving average which is $91.38. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -7.06% away from the 52-week high price of $109.37 and +78.92% far from the 52-week low price of $56.81.

According to consensus agreement of 32 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $-0.17 in their quarterly report and it is expected to announce the company’s results on 2/23/17. For the current quarter the company has high EPS estimates of $0.11 in contradiction of low EPS estimates of $-0.42. However a year ago for the same quarter the company has reported $-0.27 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $-1.78 according to the sentiments of 37 analysts, while its lowest earnings estimates are $-2.03 and highest earnings estimates are $-1.48.

According to 10 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.18B meanwhile the company has high revenue estimates of $2.4B in contradiction of low revenue estimates of $2.06B. For the current year the company’s revenue estimates are $7.38B compared to low analyst estimates of $7.14B and high estimates of $7.57B according to the projection of 13 analysts.

Analysts Watch on Price Target Estimates: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) plunged -0.61% during previous trade, a total of 5.76M shares exchanged hands compared with its average trading volume of 4.17M shares whereas its relative volume is 1.22. The stock has a market capitalization of $61.89B along with 576.46M outstanding shares. Stock’s intraday price range hit the peak level of $109.37 and touched the lowest level of $105.19.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 12/08/16 and according to 39 analysts stock’s price will reach at $108.54 during 52 weeks with standard deviation of 12.46. Stock’s minimum price target estimates has been figured out at $91 while the maximum price target forecast is established at $136, if we look at the price target with an optimistic approach it has upside potential of 28% from its latest closing price of $105.83.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 11/17/16 by the analysts, however the bullish price estimates of the stock set at $127 while the bearish estimates kept at $86 over the next one year. Stock’s 52-week target was retained at $103.36, the estimates indicates a standard deviation of 10.71.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 1.93. ABR value is precisely based on brokerage recommendations, where out of 27 brokerage recommendations 14 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 1 rate the stocks of the company a Buy, 12 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 8/8/16 the stock of EOG Resources Inc (NYSE:EOG) upgraded by Wunderlich from Hold to Buy. However previously on 7/15/16 it was downgraded by Tudor Pickering from Buy to Hold. A research note issued on 5/25/16 the stock was downgraded by KLR Group from Buy to Accumulate.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 42.53% whereas its year to date (YTD) performance indicated a bullish trend of 50.78%. During the last six months the stock rose 28.01%. Quarterly performance of the company shows optimistic momentum of 17.27% while its last one month trend is positive with 14.25%. Stock’s weekly performance expressed up trend of 1.31%.

The company’s price sits 10.66% above from its 50-day moving average of $95.70 and 24.03% far from the stock’s 200-day moving average which is $89.58. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -1.53% away from the 52-week high price of $107.47 and +86.27% far from the 52-week low price of $56.81.

According to consensus agreement of 33 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $-0.17 in their quarterly report and it is expected to announce the company’s results on 2/23/17. For the current quarter the company has high EPS estimates of $0.11 in contradiction of low EPS estimates of $-0.42. However a year ago for the same quarter the company has reported $-0.27 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $-1.77 according to the sentiments of 36 analysts, while its lowest earnings estimates are $-2.03 and highest earnings estimates are $-1.08.

According to 10 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.18B meanwhile the company has high revenue estimates of $2.4B in contradiction of low revenue estimates of $2.06B. For the current year the company’s revenue estimates are $7.38B compared to low analyst estimates of $7.14B and high estimates of $7.57B according to the projection of 13 analysts.

Analyst’s Ratings Review: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) rose 2.18% during previous trade. Stifel issued rating on the stock of EOG Resources Inc (NYSE:EOG) in a research note issued to investors on Dec-01-16, the stock received “Upgrade” rating from Hold to Buy from $95 to $120. Additionally CapitalOne issued their verdict on the stock of the company, on record date of Nov-16-16 the stock was “Upgraded” from Equal Weight to Overweight besides that on Nov-15-16 EOG Resources Inc (NYSE:EOG) was “Upgraded” by CLSA from Underperform to Outperform. Furthermore on Nov-11-16 the stock was “Upgraded” by Guggenheim from Neutral to Buy.

EOG Resources Inc (NYSE:EOG) shares ended last trading session at the price of $104.75 whereas a number of traders indicating mean target price will hit $107.51 over the next twelve months, mean value of price target most recently revised on 11/24/16. EOG Resources Inc (NYSE:EOG)’s highest estimates of price target are $136 and low forecast is $80 based on the opinion of 39 analysts. The price target estimates represents a standard deviation of 11.52. However brokerage recommendations suggests an ABR of 2.00 based on calls of 27 experts, where 13 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 13 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

EOG Resources Inc (NYSE:EOG) is expected to release the earnings of its current quarter on 2/23/17. The company is expected to release $-0.17 EPS for current quarter according to 30 analysts whereas the company reported $-0.27 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.32 and high estimate of $0.11. For the current year EOG Resources Inc (NYSE:EOG) has set to release EPS of $-1.77 as per the sentiments of 34 analysts, however according to 37 analysts, the company expected to release $0.63 EPS for next year.

EOG Resources Inc (NYSE:EOG)’s average revenue estimates for the current quarter are $2.18B according to 9 number of analysts. However its lowest revenue estimates are $2.06B and highest revenue estimates are $2.4B. A year ago the company’s sales were $1.8B. Its yearly sales growth estimates are 21.60%. For the next quarter the company has anticipated average revenues of $2.34B, according to the sentiments of 7 analysts. For the current year the company has fixed $7.4B revenues, as per the opinion of 11 analysts. For the current year the company has low revenue estimates of $7.3B in contradiction of high revenue estimates of $7.57B. Whereas for the next year revenues are set at $10.45B by 11 analysts.

The stock exchanged hands 6.51M shares versus average trading capacity of 3.68M shares, while its shares’ total market worth is $66.97B along with 576.46M outstanding shares.. However the company observed 52 week high price on 12/01/16 and witnessed 52 week low price on 01/20/16. The company’s price sits 11.64% above from its 50-day moving average of $93.93 and 25.59% far from the stock’s 200-day moving average which is $88.47. EOG Resources Inc (NYSE:EOG)’s price to sales ratio for trailing twelve month stands at 8.66, whereas its price to book ratio for most recent quarter sits at 4.86. However the company’s price to cash per share for most recent quarter stands at 57.58.

Analyst Perspectives: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) plunged -0.42% during previous trade, a total of 3.87M shares exchanged hands compared with its average trading volume of 3.31M shares whereas its relative volume is 1.22. The stock has a market capitalization of $56.40B along with 576.46M outstanding shares. Stock’s intraday price range hit the peak level of $96.20 and touched the lowest level of $93.42.

Most recently EOG Resources Inc (NYSE:EOG)’s price target was revised on 11/21/16 and according to 37 analysts stock’s price will reach at $106.59 during 52 weeks with standard deviation of 10.71. Stock’s minimum price target estimates has been figured out at $80 while the maximum price target forecast is established at $136, if we look at the price target with an optimistic approach it has upside potential of 43% from its latest closing price of $95.27.

Historically, if we look at price target revisions, three week ago EOG Resources Inc (NYSE:EOG)’s price target was revised on 10/20/16 by the analysts, however the bullish price estimates of the stock set at $114 while the bearish estimates kept at $83 over the next one year. Stock’s 52-week target was retained at $99.50, the estimates indicates a standard deviation of 9.68.

While taking an overview of recommendation trends, the stock currently has an average brokerage recommendation of 2.00. ABR value is precisely based on brokerage recommendations, where out of 27 brokerage recommendations 13 rate EOG Resources Inc (NYSE:EOG) stock a Strong Buy, 1 rate the stocks of the company a Buy, 13 rate Hold, 0 rate Sell and 0 recommend a Strong Sell. Most recently on 11/16/16 the stock of EOG Resources Inc (NYSE:EOG) upgraded by CapitalOne from Equal Weight to Overweight. However previously on 11/15/16 it was upgraded by CLSA from Underperform to Outperform. A research note issued on 11/11/16 the stock was upgraded by Guggenheim from Neutral to Buy.

EOG Resources Inc (NYSE:EOG) performance over the past one year advanced 16.37% whereas its year to date (YTD) performance indicated a bullish trend of 35.74%. During the last six months the stock rose 15.10%. Quarterly performance of the company shows optimistic momentum of 5.19% while its last one month trend is positive with 1.76%. Stock’s weekly performance expressed up trend of 0.74%.

The company’s price sits 2.33% above from its 50-day moving average of $93.81 and 14.51% far from the stock’s 200-day moving average which is $87.75. EOG Resources Inc (NYSE:EOG)’s shares are currently trading -2.93% away from the 52-week high price of $98.15 and +67.69% far from the 52-week low price of $56.81.

According to consensus agreement of 26 analysts EOG Resources Inc (NYSE:EOG) will report earnings per share of $-0.17 in their quarterly report and it is expected to announce the company’s results on 2/23/17. For the current quarter the company has high EPS estimates of $0.11 in contradiction of low EPS estimates of $-0.39. However a year ago for the same quarter the company has reported $-0.27 EPS. Current year EPS projections for EOG Resources Inc (NYSE:EOG) set at $-1.77 according to the sentiments of 29 analysts, while its lowest earnings estimates are $-2.01 and highest earnings estimates are $-1.08.

According to 7 analysts, EOG Resources Inc (NYSE:EOG)’s revenue estimates for the current quarter are $2.19B meanwhile the company has high revenue estimates of $2.4B in contradiction of low revenue estimates of $1.99B. For the current year the company’s revenue estimates are $7.42B compared to low analyst estimates of $7.23B and high estimates of $7.57B according to the projection of 8 analysts.

Brokers Alert: EOG Resources Inc (NYSE:EOG)

EOG Resources Inc (NYSE:EOG) rose 0.69% during previous trade. CapitalOne issued rating on the stock of EOG Resources Inc (NYSE:EOG) in a research note issued to investors on Nov-16-16, the stock received “Upgrade” rating from Equal Weight to Overweight. Additionally CLSA issued their verdict on the stock of the company, on record date of Nov-15-16 the stock was “Upgraded” from Underperform to Outperform besides that on Nov-11-16 EOG Resources Inc (NYSE:EOG) was “Upgraded” by Guggenheim from Neutral to Buy. Furthermore on Nov-08-16 the stock was “Reiterated” by RBC Capital Mkts as Sector Perform from $98 to $105.

EOG Resources Inc (NYSE:EOG) shares ended last trading session at the price of $95.22 whereas a number of traders indicating mean target price will hit $106.49 over the next twelve months, mean value of price target most recently revised on 11/14/16. EOG Resources Inc (NYSE:EOG)’s highest estimates of price target are $136 and low forecast is $80 based on the opinion of 37 analysts. The price target estimates represents a standard deviation of 11.84. However brokerage recommendations suggests an ABR of 2.07 based on calls of 27 experts, where 12 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 14 suggest Hold, 0 are rating the stock as Sell while 0 as Strong Sell.

EOG Resources Inc (NYSE:EOG) is expected to release the earnings of its current quarter on 2/23/17. The company is expected to release $-0.17 EPS for current quarter according to 25 analysts whereas the company reported $-0.27 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.39 and high estimate of $0.11. For the current year EOG Resources Inc (NYSE:EOG) has set to release EPS of $-1.79 as per the sentiments of 28 analysts, however according to 31 analysts, the company expected to release $0.65 EPS for next year.

EOG Resources Inc (NYSE:EOG)’s average revenue estimates for the current quarter are $2.19B according to 7 number of analysts. However its lowest revenue estimates are $1.99B and highest revenue estimates are $2.4B. A year ago the company’s sales were $1.8B. Its yearly sales growth estimates are 22.10%. For the next quarter the company has anticipated average revenues of $2.37B, according to the sentiments of 6 analysts. For the current year the company has fixed $7.42B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $7.23B in contradiction of high revenue estimates of $7.57B. Whereas for the next year revenues are set at $10.45B by 8 analysts.

The stock exchanged hands 4.10M shares versus average trading capacity of 3.02M shares, while its shares’ total market worth is $56.01B along with 576.46M outstanding shares. EOG Resources Inc (NYSE:EOG) shares were trading -2.98% below from the 52-week high price mark of $98.15 and +67.60% above from the 52-week price bottom of $56.81. However the company observed 52 week high price on 10/05/16 and witnessed 52 week low price on 01/20/16. The company’s price sits 2.32% above from its 50-day moving average of $93.92 and 15.17% far from the stock’s 200-day moving average which is $87.25. EOG Resources Inc (NYSE:EOG)’s price to sales ratio for trailing twelve month stands at 7.94, whereas its price to book ratio for most recent quarter sits at 4.42. However the company’s price to cash per share for most recent quarter stands at 52.79.

EOG Resources Inc (NYSE:EOG): Look out for Analyst’s Recommendation

EOG Resources Inc (NYSE:EOG) rose 2.04% during previous trade. CLSA issued rating on the stock of EOG Resources Inc (NYSE:EOG) in a research note issued to investors on Nov-15-16, the stock received “Upgrade” rating from Underperform to Outperform. Additionally Guggenheim issued their verdict on the stock of the company, on record date of Nov-11-16 the stock was “Upgraded” from Neutral to Buy besides that on Nov-08-16 EOG Resources Inc (NYSE:EOG) was “Reiterated” by RBC Capital Mkts as Sector Perform from $98 to $105. Furthermore on Oct-07-16 the stock was “Reiterated” by Wunderlich as Buy from $104 to $110.

EOG Resources Inc (NYSE:EOG) shares ended last trading session at the price of $94.57 whereas a number of traders indicating mean target price will hit $105.51 over the next twelve months, mean value of price target most recently revised on 11/11/16. EOG Resources Inc (NYSE:EOG)’s highest estimates of price target are $136 and low forecast is $80 based on the opinion of 37 analysts. The price target estimates represents a standard deviation of 11.83. However brokerage recommendations suggests an ABR of 2.15 based on calls of 27 experts, where 12 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 14 suggest Hold, 1 are rating the stock as Sell while 0 as Strong Sell.

EOG Resources Inc (NYSE:EOG) is expected to release the earnings of its current quarter on 2/23/17. The company is expected to release $-0.17 EPS for current quarter according to 24 analysts whereas the company reported $-0.27 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $-0.39 and high estimate of $0.11. For the current year EOG Resources Inc (NYSE:EOG) has set to release EPS of $-1.79 as per the sentiments of 23 analysts, however according to 26 analysts, the company expected to release $0.62 EPS for next year.

EOG Resources Inc (NYSE:EOG)’s average revenue estimates for the current quarter are $2.19B according to 7 number of analysts. However its lowest revenue estimates are $1.99B and highest revenue estimates are $2.4B. A year ago the company’s sales were $1.8B. Its yearly sales growth estimates are 22.10%. For the next quarter the company has anticipated average revenues of $2.37B, according to the sentiments of 6 analysts. For the current year the company has fixed $7.42B revenues, as per the opinion of 8 analysts. For the current year the company has low revenue estimates of $7.23B in contradiction of high revenue estimates of $7.57B. Whereas for the next year revenues are set at $10.45B by 8 analysts.

The stock exchanged hands 8.29M shares versus average trading capacity of 2.80M shares, while its shares’ total market worth is $55.27B along with 576.46M outstanding shares. EOG Resources Inc (NYSE:EOG) shares were trading -3.65% below from the 52-week high price mark of $98.15 and +66.45% above from the 52-week price bottom of $56.81. However the company observed 52 week high price on 10/05/16 and witnessed 52 week low price on 01/20/16. The company’s price sits 1.61% above from its 50-day moving average of $93.77 and 14.57% far from the stock’s 200-day moving average which is $87.25. EOG Resources Inc (NYSE:EOG)’s price to sales ratio for trailing twelve month stands at 7.88, whereas its price to book ratio for most recent quarter sits at 4.39. However the company’s price to cash per share for most recent quarter stands at 52.43.