Take This As A Wake-Up Call: EOG Resources, Inc. (EOG), Fitbit, Inc. (FIT)

EOG Resources, Inc. (NYSE:EOG) shares were trading higher by 1.81 percent ($1.82) at $102.32 a piece in Thursday’s session. It had closed the previous session at $100.5. EOG trades with a P/S ratio of 5.8. This is lower than the both industry’s 80.66 and the wider sector’s 15.7. A low price-to-sales ratio, typically less than 1.0, is considered a good value. Also, it has an estimated price-earnings (P/E) multiple of 55.43 and a trailing 12-month price-earnings (P/E) multiple of 7308.57. Shares of EOG have uptrended 20.39% in the past three months, while the S&P 500 has moved 12.41% in that time. EOG Resources, Inc. (EOG) has a market cap of $59.12 billion and over the last 12 months, EOG Resources, Inc. (NYSE:EOG) has gone weaker by -0.2%. During the last 52 weeks, the (NYSE:EOG) price has been as high as $109.37 and as low as $81.99. EOG Resources, Inc. earnings have declined with an annualized rate of -24.3% over the last 5 years.

EOG Resources, Inc. (Mean Target Price: $109.91)

The average 1-year price target for EOG Resources, Inc. (EOG) — averaging the work of different analysts — reveals a mean PT of $109.91/share. That’s a potential 7.42 increase relative to where EOG Resources, Inc. (NYSE:EOG) has been trading recently. The current price is seen ranging between $101 and $102.73. There are brokerage firms with lower targets than the average, including one setting a price target of $88. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $160.

EOG Resources, Inc. (EOG) Consensus Recommendation

The collective rating of 2.1 for EOG Resources, Inc. (NYSE:EOG) also leans strongly towards the neutral end of the spectrum. Of the 35 analysts surveyed by Reuters that track EOG 14 of them rate its stock a hold. The other 21, though not evenly; between analysts who think you should buy EOG Resources, Inc. versus those who think you should sell it. A 21 analysts rate it as either a buy or a strong buy, while0 believe that investors should either steer clear of EOG or, if they already own its stock, sell it.

Is Fitbit, Inc. (NYSE:FIT) Cheap From Peers?

Fitbit, Inc. (FIT) pulled off a 1.78 percent gain and now trades for $6.86. FIT comes in with a P/S ratio of 0.99 that’s below 1, potentially implying that it could be cheap relative to the overall sector (2.69) and its peers (1.67). . . During the last 52 weeks, the price has been as high as $8.59 and as low as $4.9. Fitbit, Inc. (NYSE:FIT) earnings have declined with a quarterly rate of 0% over the last 5 years. Shares of FIT have increased 13.76% in the past three monthswhile the S&P 500 has gained 5.65% in that time.

Fitbit, Inc. (Price Objective: $7)

Fitbit, Inc. (NYSE:FIT) has a market cap of $1.61 billion and over the last 12 months, FIT has declined by -17.94%. The average 1-year price target for (FIT) reveals an average price target of $7 per share. That’s a potential 2.04 gain from where (NYSE:FIT) has been trading recently. There are brokerage firms with lower targets than the average, including one setting a price target of $5. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $10.

Analyst Thoughts About Fitbit, Inc. (NYSE:FIT)

The consensus recommendation — averaging the work of 15 analysts — of 2.9 for Fitbit, Inc. (FIT) points to moderate case. Of the analysts surveyed by Reuters that track Fitbit, Inc. 10 of them rate its stock a hold. The other 5 are split, though not evenly, between analysts who think you should buy its stock versus those who think you should sell it. A 3 analysts rate it as either a buy or a strong buy, while 2 believe that investors should either steer clear of (NYSE:FIT) or, if they already own its stock, sell it.