
Wells Fargo Remains a Buy on EOG Resources (EOG)
Confident Investing Starts Here:
Read covers the Energy sector, focusing on stocks such as Valero Energy, Devon Energy, and EOG Resources. According to TipRanks, Read has an average return of -0.2% and a 44.47% success rate on recommended stocks.
In addition to Wells Fargo, EOG Resources also received a Buy from BMO Capital's Phillip Jungwirth in a report issued on May 30. However, on the same day, TD Cowen maintained a Hold rating on EOG Resources (NYSE: EOG).
EOG market cap is currently $59.26B and has a P/E ratio of 10.08.
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EOG in relation to earlier this year. Most recently, in April 2025, Jeffrey R. Leitzell, the EVP & COO of EOG sold 4,037.00 shares for a total of $515,771.56.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
21 minutes ago
- Yahoo
Wells Fargo Reduced the PT on Lowe's Companies (LOW), Maintained a Buy Rating
Lowe's Companies, Inc. (NYSE:LOW) is one of the . On June 23, analyst Zachary Fadem from Wells Fargo reduced the price target on Lowe's Companies, Inc. (NYSE:LOW) from $300 to $260, while reiterating a Buy rating on the stock. The rating comes after the company posted mixed results for its Q1 2025. Lowe's Companies, Inc. (NYSE:LOW) posted a revenue of $20.93 billion, reflecting a 2.03% decline year-over-year and below expectations by $29.64 million. However, the EPS of $2.92 topped the analysts' target by $0.04. Management noted the decrease in comparable sales to be impacted by the unfavorable weather conditions early in the quarter, but was partially offset by mid-single-digit growth in professional and online sales. A family excitedly browsing through the aisles of a home improvement retail store. Despite the mixed results, Lowe's Companies, Inc. (NYSE:LOW) reaffirmed its fiscal 2025 guidance and continues to expect sales ranging from $83.5 billion to $84.5 billion with comparable sales in a range of flat to up 1%. The operating margin is expected to be in the range of 12.3% to 12.4%. Lowe's Companies, Inc. (NYSE:LOW) is a leading home improvement retailer. Its services and products range from construction, maintenance, repair, remodeling, and decorating projects. While we acknowledge the potential of LOW as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data


Business Wire
6 hours ago
- Business Wire
Ingram Micro Issues Statement Regarding Cybersecurity Incident
IRVINE, Calif.--(BUSINESS WIRE)--Ingram Micro Holding Corporation (NYSE: INGM) ('Ingram Micro' or the 'Company') today issued the following statement with respect to an ongoing system outage: Ingram Micro recently identified ransomware on certain of its internal systems. Promptly after learning of the issue, the Company took steps to secure the relevant environment, including proactively taking certain systems offline and implementing other mitigation measures. The Company also launched an investigation with the assistance of leading cybersecurity experts and notified law enforcement. Ingram Micro is working diligently to restore the affected systems so that it can process and ship orders, and the Company apologizes for any disruption this issue is causing its customers, vendor partners, and others. About Ingram Micro Ingram Micro (NYSE: INGM) is a leading technology company for the global information technology ecosystem. With the ability to reach nearly 90% of the global population, we play a vital role in the worldwide IT sales channel, bringing products and services from technology manufacturers and cloud providers to a highly diversified base of business-to-business technology experts. Through Ingram Micro Xvantage™, our AI-powered digital platform, we offer what we believe to be the industry's first comprehensive business-to-consumer-like experience, integrating hardware and cloud subscriptions, personalized recommendations, instant pricing, order tracking, and billing automation. We also provide a broad range of technology services, including financing, specialized marketing, and lifecycle management, as well as technical pre- and post-sales professional support. Learn more at Forward-Looking Statements This release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements because they contain words such as 'believes,' 'expects,' 'may,' 'will,' 'should,' 'seeks,' 'intends,' 'plans,' 'estimates,' or 'anticipates,' or similar expressions which concern our strategy, plans, projections, or intentions. By their nature, forward-looking statements: speak only as of the date they are made; are not statements of historical fact or guarantees of future performance; and are subject to risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Our expectations, beliefs, and projections are expressed in good faith, and we believe there is a reasonable basis for them. However, there can be no assurance that management's expectations, beliefs, and projections will result or be achieved, and actual results may vary materially from what is expressed in or indicated by the forward-looking statements. Certain important factors that could cause actual results to differ, possibly materially, from our expectations, beliefs, and projections reflected in such forward-looking statements can be found in the 'Risk Factors' and 'Cautionary Note Regarding Forward-Looking Statements' sections included in the Company's Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, or otherwise, except as may be required by any applicable securities laws. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made.
Yahoo
7 hours ago
- Yahoo
2 Profitable Stocks with Exciting Potential and 1 to Turn Down
Even if a company is profitable, it doesn't always mean it's a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential. Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. That said, here are two profitable companies that generate reliable profits without sacrificing growth and one that may struggle to keep up. Trailing 12-Month GAAP Operating Margin: 3.3% A public company since early 2020, OneWater Marine (NASDAQ:ONEW) sells boats, yachts, and other marine products. Why Are We Hesitant About ONEW? Poor same-store sales performance over the past two years indicates it's having trouble bringing new shoppers into its brick-and-mortar locations Falling earnings per share over the last four years has some investors worried as stock prices ultimately follow EPS over the long term 7× net-debt-to-EBITDA ratio shows it's overleveraged and increases the probability of shareholder dilution if things turn unexpectedly OneWater is trading at $14.66 per share, or 8.1x forward P/E. If you're considering ONEW for your portfolio, see our FREE research report to learn more. Trailing 12-Month GAAP Operating Margin: 22% Founded in 1957, HEICO (NYSE:HEI) manufactures and services aerospace and electronic components for commercial aviation, defense, space, and other industries. Why Will HEI Outperform? Average organic revenue growth of 9.6% over the past two years demonstrates its ability to expand independently without relying on acquisitions Earnings growth has trumped its peers over the last two years as its EPS has compounded at 25.2% annually HEI is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders At $324.67 per share, HEICO trades at 69.8x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Trailing 12-Month GAAP Operating Margin: 9.7% With around a century of experience, Blue Bird (NASDAQ:BLBD) is a manufacturer of school buses and complementary parts. Why Do We Love BLBD? Market share has increased this cycle as its 16.5% annual revenue growth over the last two years was exceptional Additional sales over the last two years increased its profitability as the 156% annual growth in its earnings per share outpaced its revenue Returns on capital are climbing as management makes more lucrative bets Blue Bird's stock price of $45.50 implies a valuation ratio of 10.7x forward P/E. Is now the time to initiate a position? See for yourself in our comprehensive research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio