EOG Resources Inc. (NYSE:EOG) went down by -5.85% from its latest closing price compared to the recent 1-year high of $145.98. The company’s stock price has collected -15.61% of loss in the last five trading sessions.
Is It Worth Investing in EOG Resources Inc. (NYSE :EOG) Right Now?
EOG Resources Inc. (NYSE:EOG) scored a price-to-earnings ratio above its average ratio, recording 14.78 x from its present earnings ratio. Plus, the 36-month beta value for EOG is at 1.61. Opinions of the stock are interesting as 17 analysts out of 33 who provided ratings for EOG Resources Inc. declared the stock was a “buy,” while 5 rated the stock as “overweight,” 10 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $155.09, which is $41.61 above the current price. EOG currently public float of 583.34M and currently shorts hold a 1.23% ratio of that float. Today, the average trading volume of EOG was 4.01M shares.
EOG’s Market Performance
EOG stocks went down by -15.61% for the week, with a monthly drop of -7.99% and a quarterly performance of -7.07%, while its annual performance rate touched 38.16%. The volatility ratio for the week stands at 5.36% while the volatility levels for the past 30 days are set at 4.11% for EOG Resources Inc. The simple moving average for the period of the last 20 days is -16.44% for EOG stocks with a simple moving average of 8.32% for the last 200 days.
Analysts’ Opinion of EOG
Many brokerage firms have already submitted their reports for EOG stocks, with Johnson Rice repeating the rating for EOG by listing it as a “Buy.” The predicted price for EOG in the upcoming period, according to Johnson Rice is $165 based on the research report published on May 24th of the current year 2022.
Raymond James, on the other hand, stated in their research note that they expect to see EOG reach a price target of $170. The rating they have provided for EOG stocks is “Strong Buy” according to the report published on May 10th, 2022.
TD Securities gave a rating of “Hold” to EOG, setting the target price at $140 in the report published on March 24th of the current year.
EOG Trading at -11.19% from the 50-Day Moving Average
After a stumble in the market that brought EOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.12% of loss for the given period.
Volatility was left at 4.11%, however, over the last 30 days, the volatility rate increased by 5.36%, as shares sank -13.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.70% lower at present.
During the last 5 trading sessions, EOG fell by -15.61%, which changed the moving average for the period of 200-days by +62.92% in comparison to the 20-day moving average, which settled at $133.10. In addition, EOG Resources Inc. saw 27.51% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EOG starting from Boedeker Kenneth W., who sale 1,006 shares at the price of $142.32 back on Jun 03. After this action, Boedeker Kenneth W. now owns 16,880 shares of EOG Resources Inc., valued at $143,174 using the latest closing price.
Janssen Ann D., the SVP & Chief Accounting Officer of EOG Resources Inc., sale 1,905 shares at $140.60 during a trade that took place back on Jun 02, which means that Janssen Ann D. is holding 66,980 shares at $267,839 based on the most recent closing price.
Stock Fundamentals for EOG
Current profitability levels for the company are sitting at:
- +36.93 for the present operating margin
- +44.80 for the gross margin
The net margin for EOG Resources Inc. stands at +23.58. Equity return is now at value 20.30, with 11.60 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.