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.

Investment analysts gave a few price targets for EC. The most optimistic analyst gave a price target of 11, which equates to a potential upside of 17.65 percent. The most pessimistic analyst gave a price target of 7.34, which equates to a potential downside 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.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average 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. Over the past 30 days, FY earnings estimates have also changed downwards by -7.56 percent. If we look at the last 90 days instead, we find a net average change of -14.75 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts made negative revisions. 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.

EC has an estimated earnings growth rate of 104.6 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, though it could be better to see where the ratio stands relative to peers in the industry. EC has a PEG ratio of 0.26.

EC has traded between a high of 10.36 and a low of 7.65 over the past year. Today's price is 22.22 percent above the 52-week low, and below the high by 9.75 percent. EC has a price/earnings 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's next earnings release will be on 0000-00-00, which is days away.