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.

Several price targets were given for EC by the analysts covering the stock. The maximum price target given was 11, which equates to a potential upside of 17.65 percent. The lowest price target was 7.34, implying potential capital losses of -21.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -10.69 percent. The average change in earnings estimates over the last 90 days is -0.44 percent. Meanwhile, fiscal year estimates have been revised downwards by -7.56 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -14.75 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 2 analysts that revised their FY estimates downwards.

Analysts estimate earnings of EC to grow at a rate of 104.6 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. EC has a PEG ratio of 0.26.

In the trailing 52-weeks, EC hit 10.36 at the highest peak, while it's lowest trading point was 7.65. Today's price is 22.22 percent above the 52-week low, 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 market cap of EC is $19.17 billion. EC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.