Analyst Ratings for Ecopetrol S.A. ADR (EC)

Updated: 2017-07-29

Ecopetrol S.A. ADR (NYSE:EC) was awarded an average rating of Underweight from investment analysts following the stock. About 30 days ago, EC was issued an average rating of Underweight.

A buy rating was issued by 1 analysts, 0 gave an overweight rating, 6 issued a hold rating, 2 gave an underweight rating, and 5 gave a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Over the same time period, there has been an increase of 2 in the number of analysts with a negative outlook on the stock.

EC was given price targets by several analysts. The most optimistic analyst gave a price target of 11, implying a possible profit of 17.65 percent. The most pessimistic price target was 7.34, implying potential capital losses of -21.5 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -10.69 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.44 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -7.56 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.75 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

EC has an estimated earnings growth rate of 104.6 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of EC is 0.26.

In the trailing 52-weeks, EC hit 10.36 at the highest peak, while it's lowest trading point was 7.65. The current market price is above the trailing year's low by 22.22 percent, and 9.75 percent below the high. EC has a P/E ratio of 27.13. Investors typically compare the P/E ratio to a company's peers in the industry. The EC value stock report compares EC to some of its peers using value stock charts. The stock has a market capitalization of $19.17 billion. EC will post this quarters earnings in days, on 0000-00-00.