The stock of EOG Resources, Inc (EOG) has gone down by -2.58% for the week, with a 1.10% rise in the past month and a 7.46% rise in the past quarter. The volatility ratio for the week is 2.11%, and the volatility levels for the past 30 days are 2.07% for EOG. The simple moving average for the last 20 days is -3.85% for EOG stock, with a simple moving average of 0.83% for the last 200 days.
Is It Worth Investing in EOG Resources, Inc (NYSE: EOG) Right Now?
EOG Resources, Inc (NYSE: EOG) has a higher price-to-earnings ratio of 10.29x compared to its average ratio, The 36-month beta value for EOG is at 1.27. Analysts have varying views on the stock, with 12 analysts rating it as a “buy,” 3 rating it as “overweight,” 17 as “hold,” and 0 as “sell.”
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The public float for EOG is 560.99M, and currently, shorts hold a 2.37% of that float. The average trading volume for EOG on December 10, 2024 was 3.06M shares.
EOG) stock’s latest price update
The stock price of EOG Resources, Inc (NYSE: EOG) has surged by 0.03 when compared to previous closing price of 127.81, but the company has seen a -2.58% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-12-07 that This article is part of our monthly series where we highlight five large-cap, relatively safe, dividend-paying companies offering significant discounts to their historical norms. We go over our filtering process to select just five conservative DGI stocks from more than 7,500 companies that are traded on U.S. exchanges, including OTC networks. In addition to the primary list that yields about 3.28%, we present two other groups of five DGI stocks each, from moderate to high yields of up to 9%.
Analysts’ Opinion of EOG
Many brokerage firms have already submitted their reports for EOG stocks, with Piper Sandler repeating the rating for EOG by listing it as a “Neutral.” The predicted price for EOG in the upcoming period, according to Piper Sandler is $149 based on the research report published on November 18, 2024 of the current year 2024.
Truist gave a rating of “Hold” to EOG, setting the target price at $136 in the report published on May 16th of the current year.
EOG Trading at -1.09% 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 -8.46% of loss for the given period.
Volatility was left at 2.07%, however, over the last 30 days, the volatility rate increased by 2.11%, as shares sank -4.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.42% upper at present.
During the last 5 trading sessions, EOG fell by -2.58%, which changed the moving average for the period of 200-days by +14.29% in comparison to the 20-day moving average, which settled at $132.96. In addition, EOG Resources, Inc saw 5.70% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EOG starting from CLARK JANET F, who sale 568 shares at the price of $135.33 back on Nov 19 ’24. After this action, CLARK JANET F now owns 43,532 shares of EOG Resources, Inc, valued at $76,867 using the latest closing price.
CLARK JANET F, the Director of EOG Resources, Inc, proposed sale 568 shares at $135.33 during a trade that took place back on Nov 19 ’24, which means that CLARK JANET F is holding shares at $76,867 based on the most recent closing price.
Stock Fundamentals for EOG
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.58 for the gross margin
The net margin for EOG Resources, Inc stands at 0.3. The total capital return value is set at 0.21. Equity return is now at value 24.91, with 15.90 for asset returns.
Based on EOG Resources, Inc (EOG), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 3.03. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 65.36.
Currently, EBITDA for the company is 13.46 billion with net debt to EBITDA at -0.15. When we switch over and look at the enterprise to sales, we see a ratio of 2.94. The receivables turnover for the company is 9.35for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.31.
Conclusion
In conclusion, EOG Resources, Inc (EOG) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
