EOG Resources, Inc. (NYSE:EOG) Projected EPS At $-0.18 For Next Quarter


EOG Resources, Inc. (NYSE:EOG) has a mean price target of $98.37 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $-0.18 a share for the very next quarter and $-1.67 for this year.

Technical View

The technical study of EOG Resources, Inc. Common Stoc demonstrates that the 50-day moving average of EOG Resources, Inc. (NYSE:EOG) stock is $88.38, and is trading $1.62 points away or +1.83% from 50-day moving average of $88.38. It is trading $8.78 or +10.81% away 200-day moving average of $81.22.

The 52-week high of EOG Resources, Inc. (NYSE:EOG) was $95.93 while $57.15 is the low mark in the same period. It state EOG Resources, Inc. Common Stoc share price has to surge more than $-5.93 to hit 52-week high or drop +57.48% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of EOG Resources, Inc. Common Stoc, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. EOG Resources, Inc. (NYSE:EOG) ratio came in at N/A, after dividing current equity price by yearly earnings. EOG Resources, Inc. Common Stoc stock recorded a close of $90.00 in last trading session, registering a market cap of $49.56B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. EOG Resources, Inc. (NYSE:EOG) PEG ratio is at -0.19.

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