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As of close of business last night, EOG Resources, Inc.’s stock clocked out at $125.67, up 0.03% from its previous closing price of $125.63. In other words, the price has increased by $0.03 from its previous closing price. On the day, 2.86 million shares were traded. EOG stock price reached its highest trading level at $126.93 during the session, while it also had its lowest trading level at $123.82.
Ratios:
To gain a deeper understanding of EOG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.73. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.32. In the meantime, Its Debt-to-Equity ratio is 0.14 whereas as Long-Term Debt/Eq ratio is at 0.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Truist on May 16, 2024, Downgraded its rating to Hold and sets its target price to $136 from $163 previously.
On April 11, 2024, Scotiabank Downgraded its rating to Sector Perform which previously was Sector Outperform but kept the price unchanged to $155.
On April 10, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $144.Barclays initiated its Equal Weight rating on April 10, 2024, with a $144 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 21 ’24 when Yacob Ezra Y sold 4,729 shares for $129.31 per share. The transaction valued at 611,517 led to the insider holds 150,474 shares of the business.
Donaldson Michael P sold 2,685 shares of EOG for $349,839 on May 13 ’24. The EVP, Gen. Counsel & Corp Sec now owns 109,040 shares after completing the transaction at $130.29 per share. On May 10 ’24, another insider, Leitzell Jeffrey R., who serves as the EVP & COO of the company, sold 7,802 shares for $130.07 each. As a result, the insider received 1,014,812 and left with 39,054 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EOG now has a Market Capitalization of 72223924224 and an Enterprise Value of 71040884736. As of this moment, EOG’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.92, and their Forward P/E ratio for the next fiscal year is 10.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.26. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.07 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 3.019 whereas that against EBITDA is 5.38.
Stock Price History:
Over the past 52 weeks, EOG has reached a high of $139.67, while it has fallen to a 52-week low of $108.94. The 50-Day Moving Average of the stock is -0.21%, while the 200-Day Moving Average is calculated to be 2.21%.
Shares Statistics:
It appears that EOG traded 3.00M shares on average per day over the past three months and 2545000 shares per day over the past ten days. A total of 580.86M shares are outstanding, with a floating share count of 573.24M. Insiders hold about 0.26% of the company’s shares, while institutions hold 91.77% stake in the company. Shares short for EOG as of 1718323200 were 10360781 with a Short Ratio of 3.45, compared to 1715731200 on 9406244. Therefore, it implies a Short% of Shares Outstanding of 10360781 and a Short% of Float of 1.8099998999999998.
Dividends & Splits
With its trailing 12-month dividend rate of 3.47, EOG has a forward annual dividend rate of 3.45. Against a Trailing Annual Dividend Yield of 0.027620792The stock’s 5-year Average Dividend Yield is 2.31.
