Brokerage Firms Weighing on These Stocks: EOG Resources, Inc. (NYSE:EOG), Applied Materials, Inc. (NASDAQ:AMAT)

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Wall Street sell-side research analysts covering EOG Resources, Inc. (NYSE:EOG) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $102.272 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $127 while the most conservative estimate stand at $83.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover EOG Resources, Inc.. They give the company shares an ABR of 2.15. This is based on the 22 analysts taken into consideration by Zacks.

Earnings Estimates for EOG Resources, Inc. (NYSE:EOG)

Currently, Wall Street is projecting that the firm will post $-0.14 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-09-30, EOG Resources, Inc.'s EPS was reported as $-0.4. This created a “surprise factor” -29.03% due to being $-0.09 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2017-02-23, the date when EOG Resources, Inc. (NYSE:EOG) are expected to release their quarterly results.

Wall Street sell-side research analysts covering Applied Materials, Inc. (NASDAQ:AMAT) shares have recently provided various price target projections on where the stock might be going. According to them, the stock is expected to reach $31.833 on a consensus level within the next year, according to Zacks. The most bullish estimate sees the stock reaching $39 while the most conservative estimate stand at $17.

Zacks also gives an average broker rating based on the sell-side recommendations from the analysts who cover Applied Materials, Inc.. They give the company shares an ABR of 1.39. This is based on the 15 analysts taken into consideration by Zacks.

Earnings Estimates for Applied Materials, Inc. (NASDAQ:AMAT)

Currently, Wall Street is projecting that the firm will post $0.65 earnings per share. This consensus number is also derived from Zacks. For the most recent period which ended on 2016-07-31, Applied Materials, Inc.'s EPS was reported as $0.5. This created a “surprise factor” 6.38% due to being $0.03 apart from what Wall Street predicted. When actual numbers differ greatly from the consensus expectations, sharp movement in the stock price can often be seen in the hours or days following the report.

Investors will mark their calendars for 2016-11-17, the date when Applied Materials, Inc. (NASDAQ:AMAT) are expected to release their quarterly results.

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