The shares of EOG Resources, Inc. (NYSE:EOG) has been pegged with a rating of Overweight by KeyBanc Capital Markets in its latest research note that was published on March 11th, 2019. KeyBanc Capital Markets wasn’t the only research firm that published a report of EOG Resources, Inc., with other equities research analysts also giving their opinion on the stock. KeyBanc Capital Mkts advised investors in its research note published on January 31st, 2019, to Sector Weight the EOG stock. The stock had earned Outperform rating from RBC Capital Mkts when it published its report on January 7th, 2019. The stock was given Neutral rating by BofA/Merrill in its report released on January 4th, 2019. JP Morgan was of a view that EOG is Overweight in its latest report on December 7th, 2018. MKM Partners thinks that EOG is worth Buy rating. This was contained in the firm’s report on December 6th, 2018 in which the stock’s price target was also moved to $133.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 9 believe it has the potential for further growth, thus rating it as Hold while 10 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $121.31. The price of the stock the last time has raised by 9.32% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 40.14.
The shares of the company added by 1.26% during the trading session on Thursday, reaching a low of $88.34 while ending the day at $89.69. During the trading session, a total of 4.18 million shares were traded which represents a -6.29% decline from the average session volume which is 3.93M shares. EOG had ended its last session trading at 88.57. EOG Resources, Inc. currently has a market cap of $54.98B, while its P/E ratio stands at 15.47, while its P/E earnings growth sits at 3.22, with a beta of 1.27. EOG Resources, Inc. debt-to-equity ratio currently stands at 0.31, while its quick ratio hovers at 1.10. EOG 52-week low price stands at $82.04 while its 52-week high price is $133.53.
The company in its last quarterly report recorded $1.24 earnings per share which is below the $1.34 predicted by most analysts. The EOG Resources, Inc. generated $4,574.54 million in revenue during the last quarter, which is slightly higher than the $4,480.50 million predicted by analysts. In the second quarter last year, the firm recorded $1.75 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -41.13%. EOG Resources, Inc. has the potential to record 5.80 EPS for the current fiscal year, according to equities analysts.
Investment analysts at B. Riley FBR published a research note on March 1st, 2019 where it informed investors and clients that Hecla Mining Company (NYSE:HL) is now rated as Neutral. Their price target on the stock stands at $3. KeyBanc Capital Mkts also rated HL as Initiated on January 31st, 2019, with its price target of $24 suggesting that HL could surge by 26.5% from its current share price. Even though the stock has been trading at $2.42/share, analysts expect it to surge higher by -3.72% to reach $3.17/share. It started the day trading at $2.4 and traded between $2.32 and $2.33 throughout the trading session.
A look at its technical shows that HL’s 50-day SMA is 2.54 while its 200-day SMA stands at 2.85. At the moment, only of Hecla Mining Company shares were sold short. The company’s average trading volume currently stands at 5.63M shares, which means that the short-interest ratio is just 4.49 days. Over the past seven days, the company moved, with its shift of 4.02%. Looking further, the stock has raised 0.43% over the past 90 days while it lost -13.70% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Van Eck Associates Corp bought more HL shares, increasing its portfolio by +1.94% during the last quarter. This move now sees Van Eck Associates Corp purchasing 1,151,059 shares in the last quarter, thus it now holds 60,487,065 shares of HL, with a total valuation of $145,168,956. The Vanguard Group Inc meanwhile bought more HL shares in the recently filed quarter, changing its stake to $103,722,130 worth of shares. Dimensional Fund Advisors LP followed the path by increasing its HL portfolio by +11.19% in the quarter. This means that Dimensional Fund Advisors LP bought 3,640,249 shares in the last quarter and now controls 36,181,949 shares of the HL stock, with the valuation hitting $86,836,678.
Similarly, SSgA Funds Management Inc decreased its Hecla Mining Company shares by -11.09% during the recently filed quarter. After selling -1,926,744 shares in the last quarter, the firm now controls 15,441,376 shares of Hecla Mining Company which are valued at $37,059,302. In the same vein, New Jersey Division of Investment decreased its Hecla Mining Company shares by during the most recent reported quarter. The firm sold -146,000 shares during the quarter which decreased its stakes to 9,764,000 shares and is now valued at $23,433,600. Following these latest developments, around 1.28% of Hecla Mining Company stocks are owned by institutional investors and hedge funds.