EOG Resources (NYSE:EOG) Target Raised by UBS Group AG to $78.00

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EOG Resources stock has undergone multiple analysts rating changes in the recent past.  EOG Resources stock Target Raised by   UBS Group AG on 6/29/2020. In a note to investors, the firm issued a new target price of $78.00. The analysts previously had $59.00 target price. UBS Group AG’s price target would indicate a potential upside of 60.36% from the stock’s previous close.

Shares of EOG Resources traded up $0.89 on Monday, reaching $49.65. 1667631 shares of the stock traded hands, compared to its average volume of 4727724. Shares of were trading at $49.65 on Monday. The firm’s 50 day moving average is $50.3 and its 200 day moving average is 63.36.EOG Resources  has a 12 month low of $48.43 and a 12 month high of $95.29. While on yearly highs and lows, EOG Resources today has traded high as $49.85 and has touched $48.43 on the downward trend.

EOG Resources Earnings and What to expect: 

EOG Resources last released its earnings data on May 7th, 2020. The energy exploration company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.66 by $0.11. The business earned $4.72 billion during the quarter, compared to analyst estimates of $3.83 billion. Its revenue was up 16.2% on a year-over-year basis. EOG Resources has generated $4.98 earnings per share over the last year and currently has a price-to-earnings ratio of 13.6. EOG Resources has confirmed that its next quarterly earnings report will be published on Thursday, August 6th, 2020. EOG Resources will be holding an earnings conference call on Thursday, August 6th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Earnings for EOG Resources are expected to grow by 143.48% in the coming year, from $0.23 to $0.56 per share. The P/E ratio of EOG Resources is 13.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.11. The P/E ratio of EOG Resources is 13.63, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.20. EOG Resources has a PEG Ratio of 22.18. PEG Ratios above 1 indicate that a company could be overvalued. EOG Resources has a P/B Ratio of 1.33. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 0.30%
  • On 1/10/2020 Director Charles R Crisp Sell 420 at average share price of $86.49 which equates to $36,325.80 in money value.
  • On 3/12/2019 Director Frank G Wisner Sell 1,296 at average price of  $87.28 with total value of : Not Data Available
  • On 1/9/2019 EVP Ezra Y Yacob Sell 2,388 at average price of  $98.77 with total value of : $235,862.76
  • See More Analyst Rating at: RATING

Other Analyst’s rating for EOG Resources

  • 6/25/2020 – EOG Resources had its price target raised by analysts at Wells Fargo & Co from $55.00 to $56.00. They now have an “equal weight” rating on the stock. ()
  • 6/19/2020 – EOG Resources had its price target raised by analysts at Mizuho from $83.00 to $84.00. ()
  • 6/19/2020 – EOG Resources was upgraded by analysts at SunTrust Banks, Inc. from a “hold” rating to a “buy” rating. They now have a $70.00 price target on the stock, up previously from $50.00. ()
  • 6/15/2020 – EOG Resources is now covered by analysts at Siebert Williams Shank. They set a “hold” rating and a $60.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by UBS Group AG: 

  • 6/29/2020 – Apache had its price target raised by analysts at UBS Group AG from $4.50 to $15.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – Berry Petroleum had its price target raised by analysts at UBS Group AG from $4.50 to $7.00. They now have a “buy” rating on the stock. ()
  • 6/29/2020 – Continental Resources had its price target raised by analysts at UBS Group AG from $7.00 to $16.00. They now have a “neutral” rating on the stock. ()
  • 6/29/2020 – ConocoPhillips had its price target raised by analysts at UBS Group AG from $50.00 to $62.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

EOG Resources (NYSE:EOG) Moving Average Technical Analysis

5 day Moving Average is $50.09 And 5 day price change is -2.86 (-5.46%)  with average volume for 5 day average is 3,395,152. While technical analysis for average 20 days shows significant difference, 20 day moving average is  53.65 and 20 day price change is -2.25 (-4.34%) and average 20 day moving volume is 4,752,483. 50 day moving average is 50.3  and 50 day price change is 7.72 ( 0.1845)  and with average volume for 50 days is : 5,088,875. 200 day moving average is 63.36  and 200 day price change is -30.12 (-37.80%)  and with average volume for 200 days is : 5,304,890.

See More Analyst Rating at: RATING