All eyes will be on EOG Resources, Inc. (NYSE:EOG) when the firm discloses quarterly earnings report, which is anticipated to be publicized this afternoon. Analysts on a consensus basis are assuming the firm to report EPS of $-0.14 for the quarter.
Last quarter the organization posted a surprise factor of -29.03. Before the report announcement, the standard deviation for EPS estimates was 0.05. Now analyzing what research firms target is on the stock in short term, the experts consensus price target for EOG Resources, Inc. (NYSE:EOG) is at $102.318.
There are 22 analysts that participate to get the Zacks consensus target. The bearish price target is $83 and the bullish target is $127. EOG Resources, Inc. (NYSE:EOG) has an ABR of 2.15.
This is offered on a 1-5 scale where 1 would establish a strong buy call and 5 would establish a strong sell rating. The estimate is based on the average of 22 brokers participated in Zacks poll. A quarter earlier, the stock rating was 2.15.
Research analysts study firms and get on a wealth of industry, business and economy trend data to help their customers make better investment choices. Retail investors may consider that most analysts’ main responsibility is to the investing public. In fact, the entire story is much more intricate.
Some experts are unaffiliated: they offer their independent research to investing or financial institutions, insurance firms, private investors or banks on a subscription or project basis. But many analysts are employed by firms whose financial stake in their calls may go beyond their accuracy.